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Cooperation: EU and Nigeria consider creating an informal framework for economic dialogue

01/04/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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En vue d' améliorer le climat des affaires, le Nigeria is implementing reforms, while promoting macroeconomic stability, policies favorable to investors. In collaboration with the European Union (EU), the country wants to strengthen its economic cooperation by establishing a formal framework for dialogue on trade and investment

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Le cadre de dialogue a pour objectif de “débloquer d' autres opportunités grâce à une collaboration renforcée, en particulier dans les domaines de l' infrastructure, de la finance green and sustainable development” according to an official statement from the ministry. This initiative was raised during a meeting in Abuja between the Nigerian Minister of Finance, Wale Edun, and the EU Ambassador, Gautier Mignot. According to the Nigerian authorities, the EU is currently Nigeria's largest trading partner and one of the main sources of foreign direct investment.

Discussions also focused on several strategic projects, such as the trans-Saharan gas pipeline, which aims to strengthen the region's energy supply, and the one-stop national trade system, which should improve trade efficiency and Nigeria's competitiveness.
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