World leaders commend Nigeria on global trade deal

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World leaders have commended Nigeria for helping to facilitate the first global trade reform agreement, which has the potential to add $1 trillion to global economy.

The leaders made the commendation weekend after the ninth Ministerial Conference, MC9, in Bali, Indonesia, where they said the Minister of Industry, Trade and Investment, Olusegun Aganga, who chaired the MC8, drew the path for success at the just concluded conference.

Delegations from many countries said the success recorded after five-days of negotiation in Bali, Indonesia, was an offshoot of the work done at the World Trade Organisation, WTO’s eight Ministerial Conference, MC8, in Geneva, where it was agreed that the WTO should end the fruitless years of negotiations and identify key elements of the Doha Round.

The delegation said members would want to continue engagement with Aganga in view of the quality of leadership he had displayed, adding that his wealth of experience would help in the completion of many of the outstanding issues.

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