Nigeria, Netherlands To Establish Bi-national Commission, Boost Trade, Investment

📆 06/06/2023 23:08:00
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Nigeria and the Kingdom of Netherlands have opened talks to establish a Joint Bi-national Commission to boost existing trade and investment ties between both

Some of the Dutch Companies include; the Royal Dutch Shell Petroleum, Friesland Campina, Heineken, Pladis, DAF Trucks, P Phillips, TNT, KLM, Royal Haskoning, Primstar, VliscO, Unilever, Fugro, VanVliet, APM Terrmincl and Bosman van Zaal.Lamuwa said “in spite of our longstanding bilateral relations with the Netherlands there is no Joint/Bi-National Commission Agreement between the two countries. Negotiation for the establishment of a Joint Commission has been inconclusive since 1987.

Hanneke Schuiling said the Consultation was apt as it opens opportunity to modernize the Bilateral Investment Treaty between both countries, adding that a reformed treaty will help to further strengthen investment relations.“Our economies are strongly connected through a multitude of trade and investment relations. These relations are strong and often go back many years.

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