Chamber plans business parks to deepen US-Nigerian trade relations

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Chamber plans business parks to deepen US-Nigerian trade relations
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The Nigerian America Chamber of Commerce says it is planning to establish parks in states for businesses to benefit from the duty-free Africa Growth Opportunities Act of the United States government.

The President, NACC, Otunba Toyin Akomolafe, during a courtesy visit to The PUNCH head office in Ogun State on Tuesday said the parks would be a platform to create awareness of the eligible products and acceptable standards by the American government.He described AGOA as an initiative of the United States Government to open up a preferential window of export opportunities to selected countries in Africa, including Nigeria.

“Our members stand to gain a lot more with higher standards of exports and better access to finance under the AGOA initiative but all these are currently being addressed by the chamber through education and training of members by the chamber.” He stated that the chamber was already 60 years old in October this year, and had served as an important catalyst in bringing together people and ideas to bolster bilateral commercial relations between Nigeria and the United States over the years.

According to him, the chamber has been involved in the training of members and non-members as well as government agencies facilitating export of commodities.

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