The Nation Newspaper Preferential trade under AfCFTA initiative for launch Tuesday
The launch which will be held at Apapa Port, on Tuesday, July 16, is being convened by the Nigeria AfCFTA Coordination Office on behalf of the government of the Federal Republic of Nigeria and the AfCFTA Secretariat.
Expected dignitaries at the launch include President Tinubu, the Secretary to the Government of the Federation, the Secretary-General of the AfCFTA Secretariat, the Minister of Trade, Industry, and Investment of Nigeria, Minister of Finance and Coordinating Minister of the Economy, other Government Officials, Ministers Responsible for Trade, the Diplomatic Corps, International Development Partners, Heads of Businesses and the Press from the rest of the Continent.
According to the national coordinator of Nigeria AfCFTA Coordination Office, Olusegun Awolowo, “Nigeria signed the AfCFTA Agreement on 7 July 2019, becoming the 34th AfCFTA State Party.
The launch of Nigeria’s participation in the second phase of the GTI signals a new dawn for trading under the AfCFTA as several Nigerian businesses are eager and prepared for export and shipment of indigenous products within the continent with Kenya, Cameroon, Uganda, Zambia, and Egypt as target markets. This is to demonstrate Africa’s businesses’ ability and readiness to trade under the framework of the AfCFTA.
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