Countries with Bilateral Agreement with Nigeria

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Bilateral agreements are legal instruments that define the terms of trade, investment, and other forms of economic cooperation between two countries. These agreements are signed by the respective governments of the countries involved and are intended to strengthen economic ties, promote investment, and enhance cooperation.

Nigeria, being one of the largest economies in Africa, has signed several bilateral agreements with countries across the globe. These agreements provide a framework for economic cooperation, facilitate trade, and promote investment between Nigeria and its partner countries.

Here are some of the countries with bilateral agreements with Nigeria:

1. United States of America: Nigeria has signed a Bilateral Trade Agreement (BTA) with the United States of America. The agreement seeks to promote trade and investment between the two countries, and it covers a wide range of areas, including agriculture, energy, and intellectual property.

2. China: Nigeria has also signed a bilateral agreement with China. The agreement covers areas such as trade, investment, and cultural exchange. China is Nigeria`s largest trading partner, and the agreement seeks to deepen economic ties between the two countries.

3. United Kingdom: Nigeria has a bilateral agreement with the United Kingdom that covers various areas such as investment, education, and culture. The agreement aims to promote trade and investment between the two countries and has led to an increase in bilateral trade between Nigeria and the UK.

4. France: Nigeria has a bilateral agreement with France that covers areas such as energy, agriculture, and trade. The agreement aims to promote economic cooperation between the two countries and has led to an increase in the number of French companies investing in Nigeria.

5. South Africa: Nigeria and South Africa have signed agreements covering several areas, including defense, trade, and investment. The agreement aims to foster economic cooperation and promote trade between the two countries.

In conclusion, bilateral agreements are an important tool for promoting economic cooperation between countries. Nigeria has signed several such agreements with countries across the globe, including the USA, China, UK, France, and South Africa. These agreements aim to deepen economic ties, promote investment, and enhance cooperation between Nigeria and its partner countries.