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Home International Customs Nigeria

Nigeria, Pakistan agree on enhancement of trade relation  

byCustoms Today Report
01/06/2015
in Nigeria
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ABUJA: Federal Minister for Industries and Production, Ghulam Murtaza Khan Jatoi on Thursday reiterated the government’s resolve for enhancing bilateral trade with Nigeria which was currently stood at $500 million.

The High Commissioner of Nigeria, Dauda Danladi called on Minister for Industries and Production and highlighted many potential sectors where Pakistan and Nigeria could assist each other including agriculture, textile, machinery, vehicles and technological development.

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The High Commissioner told the Minister about his visit of different cities and the immense potential of trade and investment existing between both the countries.

The minister discussed the potential agreement between Pakistan and Nigeria which includes industrial policy, data and information sharing and establishment of industrial infrastructure in Nigeria. The agreement also details cooperation between small and medium enterprises (SMEs) through joint ventures and technology transfers.

Ghulam Murtaza said that there was a great export potential for Pakistani goods including agricultural machinery, fertilizers, pesticides, vehicles, pharmaceutical products, textile products, cereals, legumes, sports goods and toys, plastic articles and leather articles.

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