Nigeria and Cameroon Sign Trade Agreement

Meghan Reid April 18, 2014
pan

Nigeria President Goodluck Jonathan and Cameroon Prime Minister Philemon Yang. Photo: Business Cameroon

Nigeria and Cameroon have signed a series of agreements to strengthen trade and commerce relations between the neighboring countries. The agreements also included cooperation in the areas of science and technology, cultural exchanges, and youth development.

SEE ALSO: Anxious Parents Go in to Forest in Search of Stolen Daughters

According All Africa, “The communiqué issued at the end of the XI session of the joint commission between Nigeria and Cameroon held in Yaounde, Cameroon, the agreements were necessary in order to strengthen the ongoing cooperation between the two sisterly countries and reinforce the platform of the joint commission between the two countries.”

Dr. Nurudeen Muhammed, minister of foreign affairs of Nigeria and Prof. Pierre Moukoko Mbonjo, minister of external relations of Cameroon, led the meeting.

In order to execute the various agreements, the leaders have decided to create a committee of top senior officials from both countries to implement the revised and existing agreements.

The revised trade agreement comes at an important time with both nations preparing the Enuga-Bamenda road with the purpose of increasing trade. Also with Nigeria now becoming the largest economy in Africa with a population of 170 million, there is a large opportunity for financial growth and development.

SEE ALSO: Cameroon’s Senators Pledge To Fight Against Female Genital Mutilation

 

 

 

 

 

 

 

Conversations

Must Read

Connect with us

Join our Mailing List to Receive Updates