The Canadian government is
seeking to increase its trade investment in Nigeria’s fast growing market.
Canada’s minister of
international trade, Ed Fast made the commitment when he led a trade mission of
twenty eight Canadian companies to the Nigeria-Canada bi-national commission
meeting held on Tuesday in Abuja.
Ed Fast who will serve as
co-chair added that the commission, which will rapidly grow both countries
investment relationship, will among other things help negotiate a foreign
investment protection agreement that will serve as guide for investors and set
up dispute resolution rules.
Nigeria’s trade and
investment minister Olusegun Aganga emphasized the importance to explore the
strength inherent in the strong and increasing trade and investment relations
in both economies to create employment, generate wealth and enhance economic growth
for Nigerians.
The world
trade organization, World Bank, the IMF and others shows that Nigeria’s economy
which has been growing at seven and half percent in the last twelve years is
projected to keep rising steadily.
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