External Trade Functions

External Trade Functions

Its main functions are to;

  • Initiate and formulate policies, legislation and strategies for domestic and external trade development;
  • Coordinate the design of policy interventions that promote the competitiveness of Ugandan products and services domestically and internationally;
  • Collaborate with other Ministries, Departments and Agencies (MDAs), Development Partners, the Private Sector, Civil Society and Academia in the design and implementation of programs and interventions to promote domestic, regional and international trade;
  • Facilitate export trade diversification and promotion of non-traditional exports;
  • Facilitate smooth flow of trade through provision of trade and market information;
  • Support capacity building, and participate in trade negotiations to secure and expand markets for Ugandan products and services;
  • Manage and coordinate multilateral (WTO), bilateral and regional trade and integration within COMESA, EAC and other regional economic communities;
  • Undertake and evaluate trade research, manage and disseminate trade information that promotes domestic and external trade;
  • Facilitate trade diversification and smooth flow of trade;
  • Initiate and negotiate bilateral/multilateral trade agreements arrangements in order to secure favorable terms for Uganda’s external trade;
  • Monitor trade practices and policies; evaluate trade research; and Collaborate with Private Sector associations and Government Institutions in regulating trade.
  • Facilitate export trade diversification and promotion of non-traditional exports;
  • Facilitate smooth flow of trade through provision of trade and market information;
  • Manage and coordinate multilateral (WTO), bilateral and regional trade and integration within COMESA, EAC and other regional economic communities;
  • Undertake and evaluate trade research, manage and disseminate trade information that promotes external trade;
  • Initiate and negotiate bilateral/multilateral trade agreements and arrangements in order to secure favorable terms for Uganda’s external trade;
  • Monitor trade practices and implementation of sectoral policies; and oversee the operations of the Uganda Export Promotion Board (UEPB)
  • Oversee the operations of the AGOA Unit in Uganda
  • Formulate Laws, Policies, Strategies and Plans that promote external trade for economic growth and development of the Country.
  • Monitor and Supervise the implementation of Policies, Laws and Strategies for sustainable external trade growth in the country.
  • Prudent trade negotiations for improved Terms of Trade for the Country.
  • Build capacity of Public Institutions and the Private Sector for external trade growth in the country.
  • Promote Economic integration and increased market access for external trade growth.
  • Provide and facilitate supporting infrastructure for external trade growth.