Will go extra mile to balance trade with Uganda: PM Modi

Agencies
July 25, 2018

Kampala, Jul 25: Prime Minister Narendra Modi said on Wednesday said that India is ready to walk an extra mile to balance trade with Uganda as win-win situation already exist.

Addressing the media and other delegates at India-Uganda Business Forum in Kampala, Prime Minister Modi said, "President of Uganda is right in saying that there is a trade imbalance between India and Uganda. I have come here and I am ready to take 10 steps more to resolve the imbalance."

He said that the two countries are in a "perfect win-win situation" but not able to take maximum advantage of it. "If a proper strategy is in place then we can move far ahead".

India is a policy-driven governance where there are tax stability and predictable taxation. That is why investment, for anyone, is easy here, said the Prime Minister.

He stressed that India is a fast growing economy and the international community is watching it.

Addressing the gathering, Prime Minister Modi said, "After all the growth and progress happens, we have to look at human resource development and value addition to natural resources".

The Prime Minister also thanked President of Uganda, Yoweri Museveni for affection towards the Indians in Uganda.

"I have received so much love from Uganda and affection from President Museveni for the Indians in Uganda," he said.

Calling Uganda, a wonderful land, Prime Minister Modi said, "Uganda has such wonderful land. There is a very large market across the globe for organic agro products. Uganda is blessed with such good soils that have not been contaminated with chemicals."

He also boosted the morale of the youth of Uganda to focus on innovations and move forward along with the young generation of India.

"The young generation in India is working on startups, using technology and innovations. India is focusing on innovations and we want to move forward with the youth of Uganda. This will be beneficial to Uganda," Prime Minister Modi said.

Concluding his speech, the Prime Minister assured Uganda that India will always stand by it.

Before Prime Minister Modi's speech at the forum, President of Uganda, Yoweri Museveni said, "According to the figures, I have been supporting India more than they have been supporting me."

Prime Minister Modi is currently on a five-day tour to Africa.

In the last leg of his three-nation Africa tour, the Prime Minister will visit South Africa to attend the 10th edition of the BRICS Summit which is scheduled to take place Johannesburg on July 25-27.

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News Network
November 21,2024

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Hamas says the Israeli regime’s sole objective lies in “erasing” the entirety of the Palestinian population from across the Palestinian territories.

Khalil al-Hayya, a ranking official with the Gaza Strip-based Palestinian resistance movement, made the remarks to the Palestinian al-Aqsa TV on Wednesday.

“The occupation targets everyone—it strikes hospitals, civil defense, women, children, and the elderly,” he said, adding that the regime sought to “empty Gaza of its residents, and displace the Palestinian people to fulfill its dreams of building a Zionist Jewish state across all of Palestine.”

The remarks came amid the regime’s October 2023-present war of genocide on the coastal sliver that has so far claimed the lives of nearly 44,000 Palestinians, mostly women and children.

“This unprecedented aggression in modern times evokes scenes from the dark ages of human history, having crossed all red lines and exceeded every expectation of brutality in the modern era,” the Palestinian official lamented.

He also regretted that the regime had added “systematic and dangerous starvation to its aggression, falsely claiming before the world that it allows 250 [aid] trucks into Gaza daily. In reality, the number of trucks is far fewer.”

Hayya, meanwhile, regretted that “scenes of children torn apart, women screaming over their children, and heart-wrenching destruction have failed to stir enough humanity to stop these crimes.”

He decried the United States for vetoing the United Nations Security Council’s resolutions that are aimed at bringing about a potential ceasefire in the war, saying this indicated Washington’s “partnership in the aggression” and a simultaneous siege that the Israeli regime has been enforcing on Gaza.

Addressing Israeli Prime Minister Benjamin Netanyahu, the official asserted that, despite what the Israeli official is after, Hamas would not hand over the regime’s captives “without [the regime’s] stopping the war.”

He called Netanyahu “the main obstacle” in the way of cessation of the aggression, saying the Israeli premier “blocks any progress for political reasons,” and citing his preventing conclusion of a ceasefire agreement in July.

Hayya also warned that the regime sought to expand the war beyond Gaza, but asserted that its goals are “impossible and will never happen.”

“Today, the enemy exposes its true intentions of extermination and displacement, but it will fail,” he stressed.

“The Palestinian people are resilient and will not surrender, as they believe in their humanitarian and political cause. The enemy and its allies will not succeed in achieving their goals. This steadfast people will endure, and the occupation will not prevail against them.”

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News Network
November 18,2024

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Mangaluru: The Ullal police have arrested Manohar, the owner of Vazco Beach Resort, and its manager Bharath in connection with the drowning of three college girls from Mysuru at the resort’s swimming pool on November 17.

City Commissioner of Police Anupam Agrawal confirmed the arrests, stating that a case has been registered under Section 106 of BNS. The bodies of the victims, all in their twenties, have been handed over to their parents. The women had arrived at the resort for a weekend getaway on November 16.

Following the tragic incident, the resort was sealed by officials led by Mangaluru Assistant Commissioner Harshavardhan. The trade license of the resort, issued on June 13, 2024, has been suspended, and the tourism department has temporarily revoked the resort's registration. These actions prohibit the resort from engaging in any tourism-related activities until further notice.

Someshwara TMC Chief Officer stated that the suspension was due to the resort's failure to implement adequate safety measures, which resulted in the loss of three lives. Further investigations are underway.

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News Network
November 14,2024

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Thursday backed Chief Minister Siddaramaiah over his claim that the BJP had offered Rs 50 crore each to 50 Congress MLAs in an attempt to "topple" the state government.

Addressing reporters here, Shivakumar, also the Congress state president, said, “The BJP indeed lured 50 Congress MLAs with Rs 50 crore each.”

He defended Siddaramaiah’s statement and said the Congress MLAs were briefed about the BJP’s alleged 'Operation Lotus', a term used to describe the BJP's attempts to destabilise ruling governments through horse-trading.

“Some of our MLAs informed the Chief Minister about this matter, and he, in turn, shared it with the media,” Shivakumar said.

At an event in Mysuru, Siddaramaiah reiterated the claim that "none of the Congress MLAs had accepted the offer".

He also accused the BJP of filing false cases against him in a bid to "remove him and overthrow his government".

The BJP has yet to respond to the allegations.

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