Business Nigeria Urged to Sign Economic Agreement With EU

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Nigeria has been urged to sign the Economic Partnership Agreement (EPA) to enhance the export of Nigerian products to Europe by a delegation of European Union (EU) to Nigeria on Tuesday.

EPA is a free trade agreement between countries in the EU and other developing economies in Africa and Asia.

The delegation's Public Affairs Officer, Mrs Ugo Sokari-George, speaking at the ongoing Lagos International Trade Fair at the Tafawa Balewa Square (TBS), Lagos, said the signing of the agreement would be of immense benefit to the nation's economy.
``Signing the EPA implies that trade restrictions will be relaxed to accommodate export goods from Nigeria.

``As a result, the increased exports will ensure the growth of the real sector and resulting in economic growth," she said.

Sokari-George, however, noted that there was a need for Nigerian entrepreneurs to upgrade the quality of their products to meet international standards.

``We can only explore the openness of the EU market to develop export opportunities for standard and quality products.

``The EU is available at the trade fair to guide entrepreneurs interested in exporting their products to Europe.

``We are here (trade fair) to advise you on how to meet the necessary requirements and documentations that will facilitate exports to Europe," she said.

The fair which started on Nov. 7 will end on Nov. 16.

#Nigeria #EU

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