President Buhari Is In China To Secure Bilateral Trade Agreements

President Buhari is in China with the aim of bolstering China’s relations with Nigeria.

Special Adviser to the President, Mr Femi Adesina said in a statement, that the development of Nigeria’s infrastructure, especially in the power, roads, railways, aviation, water supply and housing sectors will be discussed during the Beijing meeting.

President Buhari will hold talks not only with Chinese President Xi Jinping, but also with Premier Li Keqiang and the Chairman of the Standing Committee of the National Peoples’ Congress, Zhang Dejiang.

These talks, according to Mr Adesina will emphasize on “strengthening bilateral cooperation in line with the Federal Government’s agenda for the rapid diversification of the Nigerian economy, with emphasis on agriculture and solid minerals development.”

The statement also included that new agreements and memorandums set to improve trade relations between the two countries will be signed during the meeting.

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“The agreements include a Framework Agreement between the Federal Ministry of Industry, Trade and Investment and the National Development and Reform Commission of the Peoples’ Republic of China to Boost Industrial Activities and Infrastructural Development in Nigeria.

“Others are a Framework Agreement between the Federal Ministry of Communications and the China Aerospace Science and Technology Corporation, and a Memorandum of Understanding between Nigeria and China on Scientific and Technological Cooperation.”

In a bid to understand the mechanism behind China’s monumental economic growth, the president and his delegates will tour the Shanghai Free Trade Zone and the Guangzhou Economic and Technological Development Zone.

The President will be accompanied by some Nigerian state governors as well as the Ministers of Agriculture, Water Resources, Transport, Defence, Power, Works & Housing, Industry, Trade & Investment, Federal Capital Territory, Science & Technology and Foreign Affairs.

An investment forum will also be hosted in Beijing as the President and his delegates will meet with members of the Nigerian community in China.

The president will return to Nigeria at the weekend.

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