(Federal Ministry of Industry, Trade & Investment Report) - The Minister of Industry, Trade and Investment, Olusegun Aganga has said that Nigeria is committed to the World Trade Organization and the Multilateral Trading Systems.

The Minister stated this during the opening ceremony of the National Workshop on Implementing the WTO Trade Facilitation Agreement in Abuja on Tuesday October 20, 2014; noting that the implementation of the WTO Trade Facilitation Agreement was critical to enhancing global trade.

Olusegun Aganga, who was represented by the Director of Trade in the Ministry, Felix Askipta said that the main purpose of the workshop is to enhance participants' understanding of the Trade Facilitation
Agreement and its implication as well as determine Nigeria's target categorization of the remaining TFA commitments and to enhance participants' awareness on the key success factor for setting up and
strengthening of a National Trade Facilitation Committee.

He inferred that the WTO members have failed to meet the proposed deadline of July 31, 2014 to conclude the Protocol Agreement on
amendment of the WTO Agreement on Trade Facilitation. According to him, this was the first test of WTO members' commitment to
implementing the outcomes of the Bali WTO Ministerial Conference. He
also stated that the TFA contained provisions that would enable faster and more efficient customs procedures through effective cooperation between customs and other appropriate authorities on trade
facilitation and customs compliance issues.

See detail here:
www.nigeriacurrentaffairs1..in/2014/10/nigeria-commits-to-wto-multilateral.html