South Korean president visits Uganda to talk business


Save Story
Leer en español

Estimated read time: 1-2 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

KAMPALA, Uganda (AP) — South Korea's president arrived in Uganda Saturday, the second leg of her Africa tour during which she is promoting business and trade opportunities.

President Park Geun-hye was welcomed at Uganda's Entebbe International Airport by Foreign Affairs Minister Sam Kutesa. This is the first visit by a South Korean president since the two countries established diplomatic ties in 1963.

Park arrived from Ethiopia, where she addressed the African Union, and will also be visiting Kenya on Monday.

Uganda desperately needs foreign investors to industrialize its economy. President Yoweri Museveni has been targeting Asian countries such as China and South Korea as possible investors in sectors that include mining and agricultural processing.

In an opinion piece published in Uganda's New Vision newspaper on the eve of her arrival, Park said she "intends to further reinforce mutually beneficial economic cooperation" between Uganda and South Korea.

"Based on its own experience, the Korean government is well aware that bold investments in infrastructure construction provide a solid foundation for strengthening economic fundamentals," she wrote. "Also, Korean companies have diverse experiences in infrastructure construction as well as advanced technological expertise. I hope the know-how Korea has accumulated so far will be able to contribute to economic development in Uganda."

Park is expected to meet Sunday with the recently re-elected Museveni, who frequently praises South Korea for its rapid economic progress in the aftermath of colonialism.

Museveni, who has been in power since 1986, is increasingly looking to Asian countries for development partners amid concerns in the West over his human rights record.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
RODNEY MUHUMUZA

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast