Brussels, Belgium

In a landmark move that strengthens international ties and promises economic growth, Uganda's H.E. Ambassador Mirjam Blaak Sow was instructed to sign the Samoa Agreement on behalf of the nation. This crucial signing signals the beginning of a renewed partnership between the Organisation of African, Caribbean, and Pacific States (OACPS) and the European Union (EU).

The Samoa Agreement will replace the long-standing Cotonou Agreement, which was initially adopted in 2000 following the expiration of the 1975 Lomé Convention. The Cotonou Agreement, which aimed to reduce poverty and integrate ACP countries into the global economy, was set to expire in February 2020 but was extended pending the conclusion of this new partnership framework.

Expanding Horizons for 79 Countries, under the new partnership, 79 countries—comprising 48 African, 16 Caribbean, and 15 Pacific nations—will engage in legal and diplomatic frameworks with the EU. This significant international collaboration will set the stage for economic growth, development, and poverty reduction.

Financial and Development Support: The European Union, committed to supporting ACP countries, allocates a comprehensive budget under its long-term 2021-2027 financial plan through the Neighbourhood, Development and International Cooperation Instrument – Global Europe (NDICI). This instrument is endowed with a financial envelope of approximately €79.5 billion. Unlike its predecessor, the European Development Fund (EDF), NDICI is funded directly through EU budget contributions, streamlining financial support and making it more efficient.

Specific Allocations for Uganda:

1. Green and Climate Transition: €94.0 million allocated to support sustainable environmental practices and initiatives combatting climate change in Uganda.

2. Sustainable and Inclusive Growth and Jobs: A significant €168.0 million dedicated to fostering inclusive growth and job creation, ensuring that all Ugandans, especially marginalized communities, benefit from economic advancements.

3. Democratic Governance and Social Inclusion: €94.0 million aimed at promoting democratic governance and ensuring social inclusion, laying the foundation for equitable social development.

4. Support Measures: €19.0 million to back various support measures essential for effectively implementing the agreement's objectives.

Economic and Regional Growth: The Samoa Agreement highlights the EU's commitment to regional economic growth within ACP countries. Through various programmes and initiatives, the EU supports sustainable development and economic expansion that benefits multiple regions within the OACPS. These initiatives are tailored to address the unique needs of each region, fostering local economic growth while promoting global integration.

Additionally, on March 6, 2024, the European Investment Bank (EIB Global) and Centenary Rural Development Bank Ltd (CERUDEB) announced an agreement to make €100 million available to private-sector enterprises in Uganda, focusing on female borrowers and microenterprises in rural areas. This initiative aims to stimulate economic activity at grassroots levels, empowering women and rural communities.

Trade and Development Partnership: Uganda is presently still trading under the Everything But Arms (EBA)principle, which is preferential for developing countries. However, once a country becomes middle-income, EPAs are enforced. The economic partnership agreements (EPAs) negotiated between the EU and ACP members are designed to bolster trade and development. These agreements aim to create a cooperative trade environment, supporting economic stability and growth, supported by substantial development aid from the EU. Uganda exports 66% of all its coffee 42% of its fish, and 90% of the flowers to the EU market. The European Investment Bank has a loan portfolio of 495 Million Euros, which would have been stopped had Uganda missed out on the signing of the Samoa aggreement.

A Future of Prosperity and Collaboration: By signing the Samoa Agreement, Uganda embarks on a promising path of international cooperation and economic progress. This new legal framework reinvigorates Uganda's relationship with the EU and lays the groundwork for future social and economic advancements.

Uganda’s signing of the Samoa Agreement marks a significant step forward in its quest for sustainable development and international collaboration. It promises opportunities that span economic growth, poverty alleviation, and global integration. Uganda's partnership with the EU under the Samoa Agreement heralds a future characterised by prosperity, mutual support, and international solidarity.

Titus Seruga

Public Diplomacy Officer