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Nigeria, China to strengthen trade relations

by BishopNuel Legend of Gist
03:31 am on February 26, 2025
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Poised to improve trade relations, showcase the latest technologies and innovation as well discover new markets, the Lagos Chamber of Commerce and Industry (LCCI) has partnered with the China Foreign Trade Center (CFTC) for the 137th bi-annual Canton Fair.

Slated to be held from April 15 to May 4 in Guangzhou, China, the LCCI president, Gabriel Idahosa, said the chamber is proud to be associated with a trade fair of this magnitude that would expose hundreds of Nigerian businesses, manufacturers and producers to their Chinese counterparts.
Optimistic that businesses would gain a lot from the fair, he expressed confidence that new markets and opportunities would be birthed from active participation.

President of the Manufacturers Association of Nigeria (MAN), Francis Meshioye, said it is a positive step when businesses and manufacturers from different countries meet to exchange ideas and opportunities, he noted that Nigeria is China’s biggest trading partner in Africa. Noting that the trade balance is currently in favour of China, he expressed optimism that this would balance out with time, more so as Nigeria improves in local manufacturing and value addition to exported goods and produce.

https://guardian.ng/business-services/industry/nigeria-china-to-strengthen-trade-relations/
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