Nigerian Ministers of Foreign Affairs, Yusuf Tuggar, alongside Agriculture Minister Abubakar Kyari and Water Resources Minister Professor Joseph Terlumun Utsev, are currently attending a tripartite meeting in Cairo, Egypt.
At the forum, Egyptian Minister of Foreign Affairs and Immigration Badr Abdelatty emphasized that the business meeting serves as a crucial platform for Egyptian and Nigerian entrepreneurs to engage, explore promising economic opportunities, and enhance cooperation through increased trade, investment, and knowledge exchange.
He underscored that strengthening economic ties between the two countries is vital for laying the groundwork for peace, prosperity, and stability, noting that both nations possess significant untapped economic potential.
Minister Abdelatty also highlighted the importance of collaboration in areas such as green investments, renewable energy initiatives, sustainable agriculture, and improved water management practices. He further stressed the need to develop human capital through educational exchanges, scholarship opportunities, and the empowerment of the next generation of professionals in both Egypt and Nigeria.
Additionally, Egypt and Nigeria signed a joint declaration and an agreement on mutual visa exemption for holders of diplomatic passports during their third round of political consultations at the ministerial level, led by their respective foreign ministers.
These consultations focused on strengthening bilateral relations across various sectors, including political, security, economic, and cultural cooperation. Both countries acknowledged the significance of enhancing trade and investment ties, given their prominent roles on the African continent.
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