To deepen trade relations, foster economic growth and explore mutually beneficial investment opportunities, Nigeria Export Import Bank (NEXIM) and the government of Mexico have agreed to explore the development of Nigeria’s mining sector to achieve maximum benefit for the economy.
The agreement was sealed when the Mexican Ambassador to Nigeria led a high-profile delegation on a courtesy call to the Executive Management of NEXIM in Abuja.
Executive director at the bank, Hon. Stella Okotete, advocated for partnership and collaboration to expand access of Nigerian goods to the Mexican market and boost foreign exchange earnings.
She added that “Its clear that Mexico has a very huge advantage in mining, Nigeria is an untapped mining destination and so if we have businesses that wold want to partner with Nigeria to develop the mining sector for export, Nigeria Export-Import Bank will be willing to work with you and support that aspect to grow the sector”.
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In his response, Amb. Miranda expressed said that Nigeria and have maintained long time trade relationships adding that Mexico’s $1.4 trillion economy is open to Nigerian businesses and exporters to explore, adding that both parties “Would provide a Workable template/framework to map out the areas of partnership and support towards promoting and enhancing trade relations between the two countries especially in the agro-allied and solid minerals sectors,”
Amb. Miranda stated that Mexico’s $1.4 trillion economy is open to Nigerian businesses and exporters to explore.
