EU promises continuous support to boost Anambra agro-business initiative, trade exportation

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By Madu Obi

In a bid to foster economic growth and boost international trade in Anambra State, the European Union (EU) has promised continuous drive aimed at facilitating, supporting and promoting agro-business.

The EU provides digital market place and is a matchmaking hub - a virtual space where Nigerian agro-business can connect with EU buyers, investors and partners to initiate export trade deals, investments and further collaborations.

Anambra State Coordinator of Nigeria Export Promotion Council (NEPC), Mr. Peter Udom made the clarifications while explaining NEPC’s programmes during the Southeast regional sensitization in Awka.

According to him, the regional sensitization involves the training of operators of Small and Medium Enterprises, SMEs, in export procedures, compliance and guidelines on how to access export markets.

"We also provide mentorship and technical support for value-chain actors, facilitating trade linkages, business listing and exposure of businesses to foreign markets.

The EU partnership spans trade, investment, development, cooperation, agriculture and digital economy.

Cassava, cocoa, palm oil, cashew and sesame seeds are among the priority non-oil export products selected by NEPC for boosting foreign exchange earnings and diversifying Nigeria’s export base," he said.

It offers market intelligence, data and advisory support, helping businesses understand EU standards, regulatory requirements, export procedures and compliance which is useful for farmers and exporters aiming to tap into EU markets.

The platform is aimed at facilitating investment flows, value-chain development practices and export readiness," Udom said.

The Special Adviser to the Anambra State Governor on Trade and Market, Mr. Eloka Mmaduekwe, in a remark, expressed happiness that export of goods and services from the domestic market to an international market has commenced.

According to him, exports are conducted for profit making in which payment arrangements and delivery agreements are established to help a country earn foreign currency which would strengthen the economy and support balance of payments.