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Uganda moves to boost trade ties with Nordic logistics giant

13 February 2026, 12:03 pm

Dr Jim Tubuhaburwa (second from left) with his hosts during the meeting.

By Ronald Ssemagonja

As part of efforts to boost Uganda’s international trade, the Independent Presidential Advisor on Investment, Dr Jim Tubuhaburwa, yesterday held a high-level meeting with the leadership of NTEX Group, one of Europe’s leading logistics and transport companies.

The engagement focused on unlocking new import and export opportunities for Uganda and strengthening trade relations between Uganda and the Nordic region. The discussions come at a time when enhanced cooperation is needed to ensure smooth importation of specialised cargo services and to deepen trade ties between Uganda and European markets.

During the meeting, Dr Tubuhaburwa highlighted Uganda’s improving investment climate, noting that the country is no longer considered a high-risk destination in the global market. He emphasised the government’s commitment to creating a stable, predictable, and investor-friendly environment that supports long-term partnerships and sustainable economic growth.

Officials from NTEX Group welcomed the engagement and expressed strong interest in exploring strategic collaboration in logistics, cargo handling, and trade facilitation. Particular focus was placed on agricultural exports, automotive imports, and specialised cargo services.

The anticipated partnership is expected to yield several benefits, including more efficient trade routes between Uganda and Europe, reduced transport and logistics costs for Ugandan businesses, increased job opportunities—particularly for youth in the logistics sector—and access to modern transport technology and global best practices.

Dr Tubuhaburwa said Ugandans should expect increased foreign investor confidence and stronger export capacity as similar engagements continue throughout the year.

The meeting marks a significant step in positioning Uganda as a competitive player in international trade and demonstrates the leadership’s commitment to driving economic growth through strategic global partnerships.