KAMPALA, Uganda (Dow Jones) - Uganda and Congo have stepped up efforts to
improve diplomatic ties in a bid to better exploit cross-border mineral
resources, Congo's diplomatic attache to Uganda told Dow Jones Newswires
Wednesday.Yav Juvenile said
ambassadorial level and is working closely with the Ugandan Ministry of
Energy and Minerals on ways to improve oil exploration and exploitation on
its side of the Albertine rift."We are working together,
improved cooperation will benefit both countries," he said.
Last month, the presidents of
Ngorduto agreement, which provides for improved political and economic
cooperation between the two countries. The agreement was reached following
a spate of military clashes between the countries over border disputes.
constituting a joint oil exploration committee to oversee exploration
activities on both sides of the Albertine rift.
an oil exploration production license to U.K.-based Tullow Oil PLC
(TLW.LN), which already operates on the Ugandan side of the border.
Since 2006,
side of the rift. However, similar activities on the Congolese side have
been hampered by insecurity and the government's decision to review of all
mining contracts signed between 1996-2003.
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