Mexico, Nigeria deepen commerce ties with launch of latest bilateral chamber of commerce
The Mexican Embassy in Nigeria has inaugurated the Nigeria-Mexico Chamber of Commerce (NMCC) and its new Board of Administrators to strengthen commerce relations between the 2 nations.
Throughout the ceremony in Abuja on Tuesday, Ambassador of Mexico to Nigeria, Amb. Alfredo Miranda described the NMCC as a brand new chapter within the {economic}, cultural, and strategic relations between Mexico and Nigeria.
Miranda said that the Nigeria-Mexico Chamber of Commerce (NMCC) would function a bridge for companies, concepts, innovation, and alternatives between Nigeria and Mexico, two nations wealthy in heritage, resilient in spirit, and daring in ambition.
NMCC to function commerce catalyst
In response to him, the NMCC will act as a catalyst by offering essential assist to companies from each nations, selling commerce and funding, providing market intelligence, and fostering mutual understanding.
“That is the second we’re sure to work, create a brand new narrative, and present folks that collectively, Nigeria and Mexico are massive powerhouses.
“The 2 nations do great work for his or her continents. Now we have to proceed working in commerce, which is why it’s necessary to concentrate on these strategic areas and acknowledge the capacities of some nations.
“I imagine that sooner or later, we’ll see extra constructive figures than what we now have achieved thus far,” Miranda added.
Nigeria seeks stronger bilateral ties
Talking on the occasion, the Minister of Overseas Affairs, Amb. Yusuf Tuggar emphasised the necessity for Nigeria and Mexico to strengthen their bilateral ties with a purpose to absolutely harness their {economic} potential.
Tuggar, who was represented by Amb. Anderson Madubuike, Director of the {Economic}, Commerce and Funding Division on the ministry, highlighted the importance of the newly inaugurated Nigeria-Mexico Chamber of Commerce (NMCC).
“There may be a lot the 2 nations can obtain in advancing the worldwide economic system, and it’s encouraging that the NMCC has come at such an auspicious time.
“By speaking about globalization, we’re additionally saying that African nations should come collectively to take their rightful place within the comity of countries,” Tuggar added.
Agriculture and livestock sector key to collaboration
Additionally talking on the occasion, the Minister of Livestock and Rural Improvement, Mr. Idi Mukhtar, pledged to open new avenues for agricultural funding, significantly in purple meat production, animal illness administration, and dairy processing.
“Nigeria as we speak imports not lower than $1.5 billion value of dairy merchandise. We hope to upscale operations within the purple meat business, create alternatives, and drive competitiveness within the worldwide market,” Mukhtar mentioned.
He emphasised the ministry’s openness to funding and famous that messages have been despatched to business leaders and the newly inaugurated Nigeria-Mexico Chamber of Commerce (NMCC) to reap the benefits of these alternatives.
For her half, the President of the NMCC, Arim Pete, described the occasion as the start of a brand new period for the chamber, one constructed on belief, alternative, and imaginative and prescient.
In response to her, Mexico isn’t solely a regional powerhouse but additionally the twelfth largest economic system on the earth, with a Gross Home Product (GDP) of $1.8 trillion.
“We’re going to concentrate on commerce with Nigeria as our major focus. Occasions have modified, and the foundations of commerce have additionally been rewritten,” she mentioned.
She expressed optimism that it is a good time for NMCC, as there are quite a few alternatives throughout each nations. Our economies are so complementary; now could be the time to start this initiative.
