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Jonathan calls for Namibia, Nigeria business ties

24 March 2014, 19:39

Windhoek - President Goodluck Jonathan called for improved trade relations between Nigeria and Namibia.

He said over the years, the two countries had forged cordial political ties but bilaterally, they had not made significant inroads on the business front.

“There have been cordial relations between our two countries and we have to consolidate for the future and also work on the trade front. It is important that Namibia is celebrating independence which is a very important milestone. The people of Nigeria join Namibia in commemorating independence between the two countries,” Jonathan said in Namibia.

He was in the Southern African country where he led a delegation of 50 members including cabinet ministers and business executives also officiated at the 24th Namibia independence celebrations.

Jonathan also attended a business engagement where Namibian and Nigerian business people and dignitaries made incessant calls for the improvement of trade relations between the two countries.
Namibia and Nigeria are hamstrung on the trade front because they belong to different trade blocs.

Nigeria belongs to the West African Community while Namibia is within the Southern African Customs Union (SACU).

This, according to Namibia officials had the major stumbling block to fostering trade relations between the two countries.

According to most Nigerian and Namibian business people who attend the Namibia-Nigeria business community meeting, the two countries would benefit immensely upon the creation of the Free Trade Area.

Indications are that Nigeria is very keen on importing beef and salt from Namibia for their consumption.

Meanwhile, Namibia President Hifikepunye Pohamba, also supported the idea of improve trade cooperation between the two countries.

- CAJ News


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