It is not yet clear why Museveni decided to cancel the trip, but local commentators believe that this suggests the deterioration of relations between Kigali and Kampala.
The upcoming 30th Ordinary Session of the African Union (AU) Assembly of Heads of State and Government from January 28 to 29 is expected to receive a progress report on the status of negotiations of the African Continental Free Trade Area.
Kenya teamed up with Rwanda to sign a free trade pact with European Union in Brussels today in a move calculated to cajole other East African Community states to beat the September 30 deadline.
Prime Minister Bernard Makuza, has urged the European Commission to accelerate the negotiations of the Economic Partnership Agreements (EPAs) and come up with a conclusion as soon as possible.
In a move to compensate revenue losses accrued by Rwanda as a result of having a common external tariff after the adoption of the EAC customs union protocol, the Common Market for Eastern and Southern Africa (Comesa) will disburse €10.3 million (Frw 8.8 billion) through budget support for the fiscal year 2009/10.
In 2006, Rwanda and the United States signed a Trade and Investment Framework Agreement (TIFA), aimed at giving Rwanda the opportunity to take advantage of the US market through duty-free exports. Results: Rwandan exports to the USA have grown by 8%, while imports from America went up by 27%.
A 'white document' meant to facilitate negotiations between regional economic blocs and the European Union (EU) under the Economic Partnership Agreements (EPAs) has been finalised.
The issue of overlapping membership will be a major area of focus during the first joint meeting of Heads of Government, of the three Regional Economic Communities (REC)'s, in Eastern and Southern Africa, namely the Common Market for Eastern and Southern Africa (COMESA), the East African Community (EAC) and the Southern African Development Community (SADC).