According to Prof. Augustus Nuwagaba, large market is a critical driver of production in the modern economy.
The NRM government enhanced markets and services, through spearheading regional blocks that is EAC, COMESA, AFCFTA, CFTA among others.
Through a large market more demand was created, which stimulated increased production and profitability of business enterprises.
However, prof Nuwagaba says, the civil conflicts in Great Lakes Region-South Sudan and Congo-DRC have negatively affected trade.
For example, Uganda continues to lose $700 annually due1 to conflict in South Sudan according to MOFPED 2021.
The Closure of border by some countries have greatly affected trade between partner states.
The issue of quality and standards continue to elude most Ugandan products leading to rejection of the products in foreign markets.
