Nigeria, Saudi Arabia Sign Pacts On Trade, Investment, Security

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The federal government and the Kingdom of Saudi Arabia have signed two Memorandum of Understanding (MoUs) to boost trade and investments as well as strengthen

This was the crux of the closing event of the two-day Second Session of the Nigeria-Saudi Arabia Joint Commission in Abuja, which ended in Abuja, yesterday.

Nigeria’s minister of Foreign Affairs, Amb. Zubairu Dada, signed the agreements on behalf of the federal government while the deputy minister of Environment, Water and Agriculture of Saudi Arabia, Ahmed Saleh Alkhamshi, signed on behalf of his country. Speaking during the ceremony, Amb. Zubairu Dada said that the agreements were a culmination of the brainstorming session by experts and officials who engaged in intensive negotiations on several draft agreements and MoUs presented by the two countries dealing with various aspects of Nigeria-Saudi cooperation.

According to the minister, the drafts held under three broad Working Groups, covering the fields of Education, Culture, Youths, Sports, Defence, Security, Drugs and Human Trafficking, Economic, Trade and Investment, Hajj, Labour, among others.“I wish to commend our experts for the good work done. Nigeria is honoured and pleased to have hosted the current Second Session of the Nigeria – Saudi Arabia Joint Commission.

 

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