By NAOMI UZOR
Trade and investment relations between Nigeria and Egypt may have received a major boost, following the signing in Cairo, the Egyptian capital, of a Memorandum of Understanding (MoU) between the two countries.
Dr. Joseph Odumodu, Director General, Standard Organisation of Nigeria (SON) said the agreement is part of efforts by SON to combat the importation of substandard products into the country, adding that the MoU seeks the harmonization of standards issued by the parties, as a way of easing trade and checkmating unwholesome products.
While Nigeria was represented at the event by SON, Egypt was represented by two key governmental agencies – General Organization for Export and Import Control (GOEIC), and Egyptian Organization for Standardization and Quality, (EOS).
Odumodu said that both countries agreed to harmonize quality 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.
Before the singing of the agreement, the delegates have 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.
This is coming at the time that the SON is working doggedly to stem the incidence of substandard products in the country, and the signing of the memorandum of understanding g would help the agency to pursue and achieve its targets.
This is because Egypt is considered a major gateway to the Arab world and enjoys tremendous advantage in the areas of population and boisterous economy.
According to the MoU, each party is expected to recognize conformity assessment certificates issued by the other party, alongside the exchange of information vital to the jobs of products standardisation.
Speaking to journalists after the signing, he expressed the optimism that the MoU has now provided an opportunity to consummate a relationship that would lead to a more mutually beneficial relationship, adding that his agency would start the implementation of the agreement immediately upon return to Nigeria. activities.