Trade finance

Trade finance signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these transactions by financing the trade.

Description

While a seller (or exporter) can require the purchaser (an importer) to prepay for goods shipped, the purchaser (importer) may wish to reduce risk by requiring the seller to document the goods that have been shipped. Banks may assist by providing various forms of support. For example, the importer's bank may provide a letter of credit to the exporter (or the exporter's bank) providing for payment upon presentation of certain documents, such as a bill of lading. The exporter's bank may make a loan (by advancing funds) to the exporter on the basis of the export contract.

Other forms of trade finance can include Documentary Collection, Trade Credit Insurance, Factoring or forfaiting. Some forms are specifically designed to supplement traditional financing.

Uganda

Coordinates: 1°N 32°E / 1°N 32°E / 1; 32

Uganda (/juːˈɡændə/ yew-GAN-də or /juːˈɡɑːndə/ yew-GAHN-də), officially the Republic of Uganda, is a landlocked country in East Africa. It is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the southwest by Rwanda, and to the south by Tanzania. Uganda is the world's second most populous landlocked country after Ethiopia. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania, situating the country in the African Great Lakes region. Uganda also lies within the Nile basin, and has a varied but generally a modified equatorial climate.

Uganda takes its name from the Buganda kingdom, which encompasses a large portion of the south of the country, including the capital Kampala. The people of Uganda were hunter-gatherers until 1,700 to 2,300 years ago, when Bantu-speaking populations migrated to the southern parts of the country.

Uganda (Commonwealth realm)

Uganda, today the Republic of Uganda, was a Commonwealth realm between 1962 and 1963. When British rule ended in 1962, the Uganda Independence Act 1963 transformed the Uganda Protectorate into an independent country called Uganda that retained the British monarch, Elizabeth II, as head of state. The royal succession was governed by the English Act of Settlement of 1701.

The Queen's position vis-a-vis Uganda was entirely separate from her role in any other country. The Queen's title when she was head of state in independent Uganda was: Her Majesty Elizabeth the Second, by the Grace of God, Queen of Uganda and of Her other Realms and Territories, Head of the Commonwealth. Her constitutional roles were mostly delegated to the Governor-General of Uganda. The following Governors-General held office:

Milton Obote held office as prime minister (and head of government) of Uganda during this period.

Uganda adopted a new constitution in 1963 which abolished the monarchy. Uganda became a republic within the Commonwealth. However, the new Ugandan state was deliberately not referred to as a republic, and the constituent native kingdoms (such as Buganda) continued in existence. Following the abolition of the monarchy by the proclamation of the State of Uganda on 9 October 1963, the Kabaka (King) of Uganda, Edward Mutesa II, became the first President of Uganda. The description "State" implied that the post-Commonwealth realm was not a republic but instead a "federation of tribal kingdoms". Uganda did not become a republic de jure until 1966 with Obote's conflict with President Edward Mutesa II.

List of minor planets: 1001–2000