Nigeria targets China’s 1.4bn market with zero-tariff fish exports
Nigeria aims to boost its economy by leveraging a new aquatic products agreement, granting zero-tariff fish exports to China’s 1.4 billion-consumer market. Read More: https://punchng.com/nigeria-targets-chinas-1-4bn-market-with-zero-tariff-fish-exports/
Nigeria is aiming to capitalize on a newly finalized aquatic products agreement with China by targeting the nation's vast market of 1.4 billion consumers. The Federal Government, led by Minister of Power Joseph Tegbe, is urging exporters to promptly utilize zero-tariff access granted by the landmark agreement. During a meeting with Chinese Ambassador Yu Dunhai, Tegbe stressed the importance of turning the accord into increased exports, foreign exchange earnings, and enhanced opportunities for Nigerian businesses.
The agreement, reached after five years of negotiations, eliminates tariffs on eligible Nigerian aquatic products entering China's market, a move celebrated by stakeholders, including the private sector and the Nigeria-China Strategic Partnership.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
