Nigeria and Egypt Sign Trade Deal

Cargo ship
Most of Nigeria’s export is made up of crude oil

Nigeria and Egypt have signed trade and investment deals to boost their relationship, a statement from the Standard Organisation of Nigeria (SON) said.

The memorandum of understanding was to harmonize standards issued by the two countries to checkmate substandard products entering the two the countries, the Director General SON, Dr Joseph Odumodu, has said.

While Nigeria was represented at the event by SON, Egypt was represented by the General Organization for Export and Import Control (GOEIC), and the Egyptian Organization for Standardization and Quality (EOS).

Odumodu said that both countries agreed to harmonisequality standards issued by their standards bodies in accordance to international and regional specifications and in a bid to remove technical barriers to trade.

They are also to exchange experts, training, testing as well as standardisation and conformity assessment activities.

The parties underscored the common desire to facilitate and develop commercial exchanges between them as well as to upgrade mutual technical cooperation in the fields of standardisation and conformity assessment activities.