Officials from Uganda and South Korea have agreed to organize a major economic summit during 2026 that will seek to expand Korean corporate participation in Ugandan development projects. The decision emerged from discussions between Vincent Bagiire Waiswa, who leads the foreign affairs ministry in Kampala, and Gi-Hyun Kim from the Korea International Trade Association during their session at Trade Tower in Seoul on Sunday.
Bagiire stated the gathering will target sectors such as agricultural processing, tourism development, mining operations, and technological advancement that align with national planning goals through 2040. Kim responded by expressing support for the proposal while noting that Ugandan businesses should prepare thoroughly to engage with Korean companies pursuing opportunities across Africa. Commercial exchanges between the nations reached more than 60 million dollars last year, with Korean manufacturers shipping electronics and machinery while Uganda supplies coffee and fishery products.
Association representatives suggested Uganda should open a permanent diplomatic mission in Seoul to strengthen business relationships. Ambassador Tophace Kaahwa currently serves without residing in the country. The planned conference follows collaborative efforts in infrastructure and energy development between both governments.
Bagiire stated the gathering will target sectors such as agricultural processing, tourism development, mining operations, and technological advancement that align with national planning goals through 2040. Kim responded by expressing support for the proposal while noting that Ugandan businesses should prepare thoroughly to engage with Korean companies pursuing opportunities across Africa. Commercial exchanges between the nations reached more than 60 million dollars last year, with Korean manufacturers shipping electronics and machinery while Uganda supplies coffee and fishery products.
Association representatives suggested Uganda should open a permanent diplomatic mission in Seoul to strengthen business relationships. Ambassador Tophace Kaahwa currently serves without residing in the country. The planned conference follows collaborative efforts in infrastructure and energy development between both governments.
