Nigeria, Netherlands meet to strengthen economic cooperation

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Nigeria, Netherlands meet to strengthen economic cooperation
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“During this Economic Consultation, Nigeria is willing to explore further, areas of economic cooperation with the Netherlands in Agricultural value chain...'

The Nigerian government and the Kingdom of Netherlands have engaged in an Economic Consultation to modernize the existing bilateral investment treaty between both countries to strengthen economic interests and opportunities.

“During this Economic Consultation, Nigeria is willing to explore further, areas of economic cooperation with the Netherlands in Agricultural value chain, secular economy, renewable energy, waterways management and water scarcity. Hanneke Schuiling, the vice-minister for Foreign Trade of the Kingdom of the Netherlands, said the Dutch government attaches importance to strengthening the bilateral economic relationship with Nigeria, its fifth trading partner in Africa.

“It is important to modernize our treaty to reflect these changes. A modernized treaty can also foster stronger economic relations between our two nations. “Secondly, incorporating sustainable development and responsible business conduct in this treaty is another element that we feel is very important. These topics are increasingly important in trade and investment agreements.

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