China takes over Uganda's only international airport!!! Reason???

Uganda, in eastern Africa, is one of the poorest countries in the world. uganda, which is facing economic problems, decided to borrow from other countries in 2015. Finally negotiated with china accordingly. 

The Chinese government also agreed to lend to Uganda. An agreement was also reached to mortgage the property, including Entebbe airport, in exchange for the loan. Meanwhile, china is said to be adamant in its decision to acquire Uganda's only international airport as it has not repaid its loan to China.


Accordingly, the Ugandan government's finance and civil aviation departments went to china in an attempt to obtain a loan. Following this, on november 17, 2015, a loan agreement was signed between the government of uganda and between the Export-Import bank of china (EXIM). The Chinese government agreed to a $ 207 million loan of 20 years with a grace period of 7 years with two percent interest. uganda, meanwhile, seems unable to repay its debt. The dangerous condition of the loan agreement is that china may take over Entebbe airport if it fails to repay the loan.

Following this, Ugandan President Yoweri Museveni sent a high-level delegation to China. china has denied relaxing its terms of the deal while negotiating the removal of that dangerous clause. This ensures that uganda loses its only international airport to China. And since there is no international protection in this loan agreement, it seems that uganda cannot seek the help of other international organizations.


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