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Nigeria hosts D8 trade talks

February 2013
Nigeria

Published: 23 Nov 2012 | By Yafit Lazar and 1 other | Last updated: 5 Feb 2013
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Nigeria hosts D8 trade talks -
Abuja Gate, Nigeria holds D8 trade talks
Wikipedia-Chippla

Nigeria is set to host trade talks among the Developing Eight as part of efforts to promote economical cooperation within member states and Africa. The country is one of the two African members of the D8, together with Egypt.


The news came after the D8 summit in Islamabad ended.


"I will be hosting the trade and industry ministers from the D8 countries sometime around February 2013 to come up with a strategy plan on how we can increase trade within the D8," Olusegun Aganga, the country's Minister of Trade and Investment, told reporters.


Aganga also held talks about plans to boost trade in Africa with his Egyptian counterpart on the sidelines of the summit.


When speaking to reporters, he stated that African intra trade is limited, about 12 percent, whereas Europe and Asia's intra trade stands at 60 percent or more. In order to tackle this problem, Nigeria is scheduled to host a meeting with Egypt, Kenya and South Africa next year.


The D8 is a group of developing countries with large Muslim population, which include Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.

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About this event
Created by Yafit LazarCreated by Yafit Lazar
on Fri 23 Nov 2012
Modified by Anne CukierLast modified by Anne Cukier
on Tue 5 Feb 2013

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Location: Nigeria
Expected date: February 2013
Planning: confirmed
Ended: 572 days ago

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Yinka Ibukun

Yinka Ibukun

Nigeria correspondent

Location: Lagos, Nigeria; Dakar, Senegal ; Guinea ; Guinea Bissau ; Gambia ; Mali ; Mauritania

Language: English

Yinka Ibukun is a journalist with four years experience in magazine writing and publishing and three years experience reporting... moreYinka Ibukun is a journalist with four years experience in magazine writing and publishing and three years experience reporting for international news agencies out of Lagos, Nigeria. Her specialties include business, the arts, religion and politics in West Africa and its Diaspora. Yinka's articles have been published by Reuters, The Associated Press, The Christian Science Monitor, The Guardian UK, Oxford Business Group, The British Airways Highlife in-flight magazine, among others. She has contributed investigative reporting to Global Witness and Corporate Accountability International reports, as well as The Globe and Mail.

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Alex Duval Smith

Alex Duval Smith

Senior Western Africa correspondent

Location: Bamako, Mali

Language: English , French and Swedish

Alex Duval Smith is a freelance correspondent who is the Africa correspondent for the Observer and the Southern Africa correspon... moreAlex Duval Smith is a freelance correspondent who is the Africa correspondent for the Observer and the Southern Africa correspondent for France's Jeune Afrique. She is a regular contributor to The Independent, Monocle, RTE, Radio France Internationale, France 24 Television, TV5 and Radio Vatican. She has previously worked for the Guardian as a sub-editor and has been a contributor to several magazines, dailies and local newspapers.

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