President’s visit to give new impetus to bilateral trade ties with Nigeria

ABUJA: President Mamnoon Hussain will be arriving here on an official visit Monday to give new impetus to bilateral trade relations and provide an opportunity to discuss with Nigerian leaders ways for further strengthening of ties.

A press release from Pakistan High Commission in Nigeria said the President would address the Business Forum in Abuja and in Lagos, besides announcing establishment of commercial section in Lagos.

During the visit, Pakistan and Nigeria will sign different memorandums of understanding and agreements on commerce, industrial cooperation, tourism and narcotics control.

A high level delegation and a large number of businessmen and industrialists are accompanying the President.

The visit will provide a good opportunity to exchange views on bilateral, regional and international matters of mutual interest. It is an important visit since it would be the first presidential visit from Pakistan to Nigeria in last three decades.

During his stay in Abuja, the President would have an exclusive meeting with President Jonathan, which would be followed by delegation level talks.

Senior Nigerian officials would be calling on President Mamnoon Hussain, including governors of several states of Nigeria as well as Sultan of Sokoto.

Nigeria is an important member of D-8, OIC and the UN where the two countries closely collaborate. Trade relations between Pakistan and Nigeria have improved considerably. The total volume of trade between the two countries almost doubled recently from earlier US$ 30.677 millions in 2011-2012 to US$67.361 million in 2012-2013.

Several agreements are expected to be signed during this Presidential visit including cooperation between Chambers of Commerce of the two countries as well as on industrial cooperation.