Nigeria, Mexico launch chamber to boost trade ties

Nigeria, Mexico launch chamber to boost trade ties

Nigeria and Mexico have inaugurated the Nigeria-Mexico Chamber of Commerce (NMCC), a strategic platform aimed at strengthening trade, investment, and economic cooperation between the two nations.

The official launch, held Tuesday in Abuja, introduced members of the Chamber’s Board of Directors and marked what stakeholders described as a new chapter in bilateral relations.

Mexican Ambassador to Nigeria, Alfredo Miranda, called the establishment of NMCC a significant step in deepening economic, cultural, and strategic collaboration between the countries. He described the chamber as a bridge for businesses, innovation, and opportunities, noting that both nations share rich heritage, resilient spirit, and bold ambition.

“This initiative will catalyse trade, provide market intelligence, and foster mutual understanding,” Miranda said. “We are confident this will create a new narrative and demonstrate that Nigeria and Mexico are economic powerhouses capable of shaping their respective continents.”

Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, represented by Amb. Anderson Madubuike, echoed the sentiment, emphasising the importance of stronger bilateral ties to unlock economic potential. “The NMCC has come at an auspicious time,” he said. “There is much both countries can achieve in advancing the global economy, particularly as African nations seek greater influence on the world stage.”

Minister of Livestock and Rural Development, Idi Mukhtar, also highlighted agricultural investment as a key focus, noting Nigeria’s $1.5 billion annual dairy import bill. He expressed optimism that collaboration with Mexico could spur growth in livestock production, disease management, and meat processing, creating opportunities for international competitiveness.

NMCC President, Arim Topete, hailed the inauguration as the start of a partnership built on trust, opportunity, and vision. Citing Mexico’s position as the world’s 12th largest economy with a GDP of $1.8 trillion, she said the chamber would prioritise trade with Nigeria.

“Our economies are highly complementary,” Topete said. “This is the right time to initiate deeper engagement and unlock the vast opportunities that exist between both countries.”

The event drew key figures from the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), diplomats, and leaders from both countries’ private sectors.

The NMCC aims to promote bilateral trade and investment, support businesses navigating regulatory landscapes, and foster collaborations that create jobs, transfer technology, and build shared knowledge.

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