India willing to address trade deficit with Uganda: PM Modi
Kampala, July 25 : Indian Prime Minister Narendra Modi on Wednesday said that his country is willing to address the current trade imbalance with Uganda.
"If I compare India-Uganda trade ties, I can see that we are in a win-win situation," Modi said while addressing the Uganda-India Business Forum here. "But we are falling short and to correct that we need to strategise," he said.
Stating that Ugandan President is right in saying that there is trade imbalance between India and Uganda, the Prime Minister said: "India is willing to take steps to address the trade deficit between India and Uganda."
He exhorted the business community to fully exploit the favourable conditions for doing business between India and Uganda.
"India is ready to work with Uganda in the fields of capacity building, human resource development, skill development, innovation and also in adding value to the abundant natural resources available in this country," Modi stated.
He also stressed on innovation saying that without this the world cannot go ahead.
"Uganda can go ahead if the youth of Uganda and India work together," he said, adding that the East African country can play an important role in the overall development of Africa.
On his part, Museveni, while exhorting the business community from both countries to tap the opportunities available for enhancing trade and investment, said: "You are in the right place in the right time."
Modi arrived here on Tuesday from Rwanda on the second leg of his five-day, three-nation tour of Africa that will also take him to South Africa.
This is the first Prime Ministerial visit from India to Uganda in over 20 years. For Modi, this is his second visit to this East African nation after his visit in 2007 as Gujarat Chief Minister.
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Tumkur: 24-year-old rider killed in car-bike head-on collision in Tiptur
Tiptur: A 24-year-old rider was killed on the spot in a head-on collision between his motorbike and a car near Bidiregudi of Kasaba hobli in the taluk.
The deceased rider, Vijay Kumar, was a resident of BL Koppalu Basaveshwara Nagara in Kasaba hobli, Arsikere taluk.
He was reportedly returning home after work at a welding factory near TM Manjunath Nagar Gate, Tiptur, when a car coming from the opposite direction collided with his bike near Bidiregudi. Vijay Kumar is said to have died at the spot due to the impact of the collision.
Locals have blamed the lack of signboards and other precautionary measures amid the construction of a four-lane national highway in the area, mainly between Bidiregudi and Konehalli. They have said that the carelessness of the National Highway Authorities of India (NHAI) has led to frequent accidents in the region.
“A meeting of officers from various government departments, including the police, was held recently under the chairmanship of the local legislator, but several NHAI officials were reportedly absent. Despite the meeting, officials appear careless in implementing safety measures, leading to a rise in accidents,” the locals said, demanding immediate action from the concerned authorities.
