Chinese Ambassador to Nigeria, Yu Dunhai, says
the challenges posed by the tariffs which the U.S. recently imposed on global
trade will bolster China-Nigeria economic and trade ties.
Yu, who made this known during a news conference on
Friday, in Abuja, said the new development was an opportunity to bolster
China-Nigeria partnership amid the challenges it posed.
He emphasised that the U.S. tariff controversy had the
potential to engender mutual cooperation between the two countries, describing
it as a “crisis with opportunities.”
The News Agency of Nigeria (NAN) reports that the news
conference was held to address the prevailing China-U.S. economic, trade and
tariff issues.
The ambassador underscored the significance of
upholding a free and open multilateral trading system, describing it as crucial
for driving African countries’ development and revitalisation initiatives.
“African nations are committed to development and
revitalisation, which requires a free, open multilateral trading system and a
stable, predictable global environment.
“History has shown that China is a reliable partner
for Africa, trustworthy, mature, and steadfast.
“China’s development and commitment to high-level
openness will bring much-needed stability to an increasingly uncertain world,”
he said.
Yu reiterated China’s commitment to expanding market
access, particularly for least-developed countries in Africa.
According to him, this is exemplified by the
zero-tariff treatment pledge made during the recent Forum for China Africa
Cooperation’s (FOCAC) Beijing Summit.
He highlighted the tangible opportunities that had
emerged for African nations as a result of China’s market initiatives.
Yu also expressed optimism about the potential for
enhanced cooperation between China and Nigeria in various sectors, such as
increased exports, investments in key industries, and infrastructure
development.
The envoy underscored the positive impact such
collaborations could have on the economic growth and modernisation of Nigeria.
He stressed China’s dedication to work closely with
Nigeria to realise the outcomes of the FOCAC Summit and promote mutually
beneficial partnerships.
Yu highlighted China’s shared commitment to upholding
a multilateral trading system, combating protectionism, and fostering a fair
international environment for economic progress and global cooperation.
“Together, we will uphold the multilateral trading
system, resist protectionism, and foster an open, inclusive, and fair
international environment.
“Our shared goal is to advance an equal and orderly
multipolar world and a universally beneficial and inclusive economic
globalisation, building a community with a shared future for humanity,” he said
Comments:
Leave a Reply