Museveni urges Commonwealth to embrace value addition and boost trade

By Ismael Kasooha

Antigua and Barbuda

President Yoweri Museveni has called on Commonwealth member states to prioritise value addition, industrialisation and the development of competitive regional and global value chains as a strategy to boost trade, investment and shared prosperity.

He said countries need to move away from overdependence on exporting raw materials and invest in processing their natural resources to create jobs, strengthen industries, transfer skills and generate greater economic benefits for their populations.

In a message delivered by Prime Minister Rt. Hon. Robinah Nabbanja at the 2026 Commonwealth Heads of Government Meeting (CHOGM) in Antigua and Barbuda, Museveni said trade and investment partnerships with the Commonwealth must deliver tangible economic benefits for member states.

“Our resources must create jobs, build industries, transfer skills and generate shared prosperity for our people,” the President said. “Uganda is open to business, and we invite Commonwealth investors to explore investment opportunities in agriculture, agro-processing, manufacturing, tourism, energy, infrastructure and other productive sectors.”

He also encouraged public-private partnerships in digital innovation, technology transfer, and digital infrastructure development to unlock opportunities for young people and businesses.

The President noted that Uganda offers attractive investment opportunities supported by investment incentives and tax incentives. “We welcome Commonwealth businesses and investors to partner with us in building mutually beneficial enterprises,” he said.

The President further urged Commonwealth leaders to move beyond declarations and commitments to practical implementation and measurable results, emphasising the importance of partnerships that deliver prosperity across member countries.

He reaffirmed Uganda’s commitment to the Commonwealth Charter, particularly its principles of democracy, good governance, human rights, the rule of law, equality, sustainable development and respect for diversity.

The President said these principles must translate into practical action that improves the livelihoods of citizens.