Mnena Iyorkegh, Abuja
Nigeria and the European Union have launched the inaugural Trade and Investment Dialogue to assess their vibrant economic partnership and chart a way forward.
The inaugural Nigeria–EU Senior Officials Trade and Investment Dialogue (TID), held in Abuja, was anchored by the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Ambassador Nura Abba Rimi, and the Director of the European Commission’s Directorate-General for Trade and Economic Security, Ms Dora Correia.
The EU Ambassador to Nigeria and ECOWAS, Gautier Mignot, and Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, both welcomed the launch of the Dialogue, underscoring the growing importance attached to trade and investment in the Nigeria-EU partnership.
“This Senior Officials’ meeting marks an important step in strengthening the trade and investment partnership between the EU and Nigeria, and provided an opportunity for the officials to exchange views on areas of mutual interest, address potential challenges, and explore opportunities for further collaboration,” they noted.
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Discussions during the Dialogue focused on a range of issues, including: “Trade and investment policy, cooperation on market access barriers and requirements, preferential trade and investment arrangements, investment, collaboration within the World Trade Organization (WTO), regulatory measures that could impact trade and investment, and the identification of trade and investment-related development cooperation areas.”
Both sides reiterated their commitment to continue the Dialogue, with the second Trade and Investment Dialogue (TID) scheduled to take place in Brussels, Belgium, in 2026, on a date to be jointly decided.