The Federal Government says, the review of Nigeria’s trade policy, which started last year, will be concluded by the end of June 2017.
The Minister of Industry, Trade and Investment, Dr. OkechukwuEnelamah, disclosed this while speaking to newsmen in Abuja.
He stated that a lot of consultations between the Federal Government and key stakeholders were ongoing on the new trade policy.
Enelamah, said that a review of any country’s trade policy was a rigorous exercise that must be done in consultation with both local and international partners so as to produce a document that would be acceptable to all.
As part of the trade policy review, the minister said a delegation from the Federal Government would this month be engaging all the countries in the African region on the Continental Free Trade Agreement.
He said that the Nigerian trade team would continue to argue for flexibility that would allow the government to safeguard the economy from huge imports, even as it would remain an open economy.
The Minister of Industry, Trade and Investment, Dr. OkechukwuEnelamah, disclosed this while speaking to newsmen in Abuja.
He stated that a lot of consultations between the Federal Government and key stakeholders were ongoing on the new trade policy.
Enelamah, said that a review of any country’s trade policy was a rigorous exercise that must be done in consultation with both local and international partners so as to produce a document that would be acceptable to all.
As part of the trade policy review, the minister said a delegation from the Federal Government would this month be engaging all the countries in the African region on the Continental Free Trade Agreement.
He said that the Nigerian trade team would continue to argue for flexibility that would allow the government to safeguard the economy from huge imports, even as it would remain an open economy.
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