Yunnan Coffee Exchange has signed an agreement with Uganda Coffee Development Authority (UCDA) to promote Ugandan coffee in China.
The YCE delegation consisting of Mr. Ronggen Cao the Chairperson, Mr. Yang Shu the General Manager and Mr. Zou Dan the Chief Operating Officer, accompanied by Mr. Nelson Kasigaire the First Secretary of the Embassy of the Republic of Uganda in Beijing, China visited Uganda from 15th - 21st September 2019. The objective of mission was to understand and appreciate the Uganda coffee industry and explore opportunities for increasing premium commercial coffees and specialty coffee exports from Uganda to China.
The delegation met with the Rt Hon Prime Minister Ruhakana Rugunda, Prof. Ezra Suruma, the head of the Prime Minister’s Delivery Unit, senior management of UCDA and coffee farmer groups/cooperatives in the western and eastern regions of Uganda to understand the composition of farmer groups, coffee production, and the coffee pricing mechanism. The hosting by the Prime Minister of the YCE delegation is a demonstration of government's commitment to have structured trade deals with China. The agreed actions will lead to Uganda's high quality premium coffees traded on YCE and increase coffee exports to China and SE Asia.
The YCE officials also visited the UCDA quality laboratory and carried out a cupping session. The YCE officials underscored the importance for UCDA to monitor, regulate and guide the entire value chain.
The YCE mission to Uganda and collaboration with UCDA is timely as the country is implementing the Coffee Roadmap that aims at accelerating coffee production from the current 4.7 million 60-kg bags to 20 million bags of green coffee by the year 2025.
The cooperation will enhance the initiative of creating structured demand and country-to-country deals with China and other emerging markets. It will further enhance Uganda coffees into internationally recognizable brands and position Uganda as a reliable and responsible supplier of premium commercial and specialty coffees.
"The Yunnan Coffee Exchange (YCE) has agreed to help UCDA set up a coffee exchange as part of the Uganda Commodity Exchange so that farmers with high premium coffees can fetch higher prices," said the Managing Director, Dr Emmanuel Iyamulemye, after the signing. "This will enable coffee farmers to earn higher incomes."