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Nigeria, S/Africa to focus on intra-regional trade – Jonathan

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President Goodluck Jonathan has said that Nigeria and South Africa will give priority to intra-regional trade and play leading roles in boosting inter-regional trade in the continent.

Jonathan made this known on Tuesday at the start of the Nigeria/ South Africa Business Forum which took place in Cape Town, South Africa.

According to the president, the forum which has been long overdue is expected to bring significant improvement to trade and investment between the two countries.

“My aspiration is that the vision of President Jacob Zuma and I will be realised in the near future,’’ the News Agency of Nigeria quoted President Jonathan as saying at the forum.

Deliberations at the forum focused on mines, power, banking, finance and oil and gas

Jonathan said the success story of the forum would not only bring about stronger bilateral and economic relation between the two countries but would strengthen bonds of business and friendship among Nigerians and South Africans.

“The forum is also expected to improve on other socio-economic activities, as well as increase the volume and value of trade between the two countries,’’ Jonathan said.

In his remarks, President Zuma said that the two countries already have growing and warm bilateral relations, structured through the Bi-National Commission which was inaugurated in 1999.

“We have today witnessed the signing of new agreements and Memorandum of understanding between our countries,” he said.





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