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  • ***NOTN delegation participates in the G20 Trade and Investment Working Group (TIWG) meeting where delegates, discussed current issues in international trade including digital trade, with a view to developing a consensus draft Ministerial Statement on Trade and Investment for the G20 Ministers of Trade and Digital Economy meeting scheduled to hold in June 2019 *** NOTN delegation also participated in the T20-G20 roundtable and gained further research-based insights from the T20 policy briefs and recommendations on digital trade, WTO reforms as well as trade and investment for sustainable and inclusive growth *** NOTN circulates approved draft market access schedule of concession on trade in goods as a basis for the ECOWAS draft schedule for AfCFTA *** NOTN initiates process of consultative engagement with stakeholders on AfCFTA Phase II negotiations on Intellectual Property Rights (IPRs). Stakeholders commenced with identification of negotiating priorities *** Stakeholders agree that the safeguard of the IP of Right Holders remains critical to Nigeria’s economic growth, export of Nigeria’s soft power, modernization of the economy and job creation. ***

2017 NIGERIAN ANNUAL TRADE POLICY REPORT

Good afternoon and thank you all for coming to the launch of this First Edition of the “Nigerian Annual Trade Report” (NATPOR). There is a degree of excitement that we are now at this point. The NATPOR is the expression of the firm commitment by the Federal Government of Nigeria to ensure that, in principle and in practice, trade policy and associated policies, particularly investment, serve as drivers for modernization, diversification, growth, development and job creation.

Statement by President Buhari on the Continental Free Trade Agreement (CFTA), delivered at the 30th African Union Summit in Addis Ababa

In a rapidly changing global economy, with much uncertainty we believe that the establishment of a Continental Free Trade Area would provide Africa with tremendous opportunity to achieve significant growth driven by intra-Africa trade. In accordance with African Union Assembly Decision of January, 2012, the Union decided to establish the Continental Free Trade Area by 2017. Although we missed this timeline last year, we still have the opportunity to establish the Continental Free Trade Area by March, 2018.

Nigerian Trade Team Heads to Kigali for CFTA Negotiations

On behalf of the Nigerian Delegation, thank for convening this meeting of the Trade Policy Review Body (TPRB) for Nigeria’s 5th Trade Policy Review. I speak for the record, so a Note of thanks.

For the record, I should add that Dr. Okechukwu Enelamah, Honourable Minister for Industry, Trade and Investment of Nigeria, should have led the Nigerian Delegation to this Trade Policy Review. Minister Enelamah, however, is in Berlin, representing President Buhari at the G20 Leaders outreach with Africa.

ZERO DRAFT ECOWAS COMMON TRADE POLICY: STATEMENT BY THE NIGERIAN OFFICE FOR TRADE NEGOTIATIONS (NOTN)

The Nigerian Government welcomes and appreciates the step by the ECOWAS Commission to initiate consultations on an ECOWAS-wide zero draft Trade Policy. The initiation of this process is essential and timely in a rapidly changing Continental and global economic and trade policy landscape. We congratulate H.E. Mr. Marcel Alain de Souza, President of the ECOWAS Commission and his Team for his leadership.