1. Growing Free Market Economy: Uganda has averaged 4.7 percent GDP growth over the past five years, and projected to average six percent growth over the next two years.
  2. Substantial and Rapidly Growing Consumer Market: Uganda’s population of 43 million people is growing at a rate of three percent per year, with half of the population under the age of 15.
  3. Dynamic Agricultural Market: Uganda has abundant fertile land, favorable weather, and bimodal production throughout most of the country.
  4. Emerging Oil Industry: Uganda has an estimated 1.4 billion barrels of recoverable oil, and the government projects oil production will begin in approximately 2023.
  5. EAC Customs Union: Uganda’s membership to the EAC Customs Union enables duty free exports to the 160 million-person EAC market, as well as duty free exports of a wide range of goods to the United States via the AGOA and the Generalized System of Preferences.

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