In a gesture of strengthening diplomatic ties, Uganda's Deputy Speaker Thomas Tayebwa officiated the commemoration of the French National Day last evening at the residence of French Ambassador Xavier Sticker in Nakasero.

The event celebrated the longstanding and cordial relations between Uganda and France, highlighting the extensive cooperation between Kampala and Paris.

In his address, Deputy Speaker Tayebwa reiterated Uganda’s stance on UN Security Council reform. He called on France to support the Common African Position, adopted by African Union (AU) Member States in 2005, which advocates for two permanent seats with full prerogatives and privileges, including the right of veto, for African nations on the UN Security Council.

"We believe France, as a permanent member of the UN Security Council, can play a pivotal role in supporting this reform," Tayebwa stated.

He also expressed his gratitude to Ambassador Sticker for his role in nurturing the warm relations between the two countries. He emphasized the partnership between Uganda and France in development, prosperity, security, and regional stability.

"Uganda welcomes France’s continuing efforts and commitment towards peace and stability in Eastern Africa and the Great Lakes region," Tayebwa remarked.

He noted the significant economic impact of French companies in Uganda, with over 40 French enterprises employing more than 3000 Ugandans. These companies contributed 53% of the total Foreign Direct Investment (FDI) to Uganda in the last financial year, particularly in the oil and gas sector.

However, Tayebwa highlighted the need to address the trade imbalance between the two nations, citing a $57 million trade deficit favoring France. He expressed hope that the newly launched French Chamber of Commerce in Uganda would help reduce this deficit by facilitating increased Ugandan exports to France.