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FG moves to Boost Trade Relations With Gulf Countries

Oluwasina Phillip


The Ministry of Industry, Trade and Investment has signed a Memorandum of Understanding with Arabian Chamber of Commerce to facilitate collaboration for the upcoming Expo 2020 Dubai.

According to the Minister of Industry, Trade and Investment who spoke at the event held recently, the MoU will also strengthen business relationships and promote enhanced trade relations between Nigeria and Gulf Countries.


This was disclosed in a statement by the Director, Press and Public Relations Unit, Ibrahim Haruna on Tuesday.


It read in part, “The Federal Ministry of industry, Trade and Investment has signed a Memorandum of Understanding with Arabian Chamber of Commerce to facilitate the collaboration for the upcoming Expo 2020 Dubai, United Arab Emirates.”

The minister who was represented by the Director, Legal of the Ministry, Mr. Danjuma Alhassan noted that the MoU will further enhance dissemination of vital market information, host Conferences, Seminars and business forum to boost business opportunities and funding of the upcoming Expo

Adebayo explained that the agreement would formalize a collaborative -business relationship between the Ministry and NAGCC.
He emphasized that the Nigerian-Arabian Gulf Chamber of Commerce was self-funding and a bilateral trade Association dedicated to the development of business relationships.

The representative of the NAGCC, Barr Theodore Mayaki had earlier commended the Minister for this initiative and promised to abide by the content of the MoU for the benefit of both parties.

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