Staff Reporter
Islamabad
Trade Development Authority of Pakistan, in coordination of Trade and Investment Wing of High Commission of Pakistan in Nigeria, organized a webinar on Regulatory frame of Nigeria on 29th October, which was attended by more than 120 businessmen from leading Business Houses, Associations and Chambers of Pakistan.
Speakers highlighted the regulatory and legal framework of Nigeria and the potential of Africa region. They also apprised the participants about the steps being taken by respective Ministries and departments for increasing exports.
They further added that Nigeria is a big market in Africa with US$ 47 billion annual import. Pakistan’s share in Nigeria’s import is not significant and through collective efforts and by removing barriers, exports can be increased. Understanding of supply and demand side issues, they stressed, is important for export and market development.
Secretary TDAP and Joint Secretary Ministry of Commerce highlighted Look Africa Policy of the Ministry of Commerce. They apprised the participants that under the policy, Commercial presence in the Africa region has been increased from four Missions to ten Missions. New Trade Missions have been created in Algeria, Egypt, Ethiopia, Senegal, Sudan and Tanzania.
