Department for Business and Trade written question – answered at on 27 February 2024.
Lord Taylor of Warwick
Non-affiliated
To ask His Majesty's Government what steps they are taking to ensure that the Enhanced Trade and Investment Partnership (ETIP) with Nigeria supports (1) stable economic development, (2) job creation, and (3) investment sectors of mutual interest.
Lord Johnson of Lainston
Minister of State (Department for Business and Trade)
The UK-Nigeria Enhanced Trade and Investment Partnership (ETIP) builds on the previous UK-Nigeria Economic and Development Forum (EDF) and is a non-legally binding arrangement. The ETIP aims to promote technical cooperation, dialogue and best-practice sharing on areas of mutual interest, for example, through standalone commitments on clean growth and investment. Both sides are committed to making the partnership a success through implementation via joint working groups.
The ETIP aims to promote stable economic development and job creation in both economies, building on our already strong trading relationship with Nigeria, which totalled £6.7 billion in the 12 months to September 2023.
Yes1 person thinks so
No4 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.
