Australia and Africa need to Deepen Trade Engagements – Amb. Anderson N.Madubike,High Commissioner of Nig. to Australia


By Saidu Nasara,
Canberra, Australia.

Canberra (Flowerbudnews): The High Commissioner of Nigeria to Australia and the Pacific Region, Amb. Anderson N.Madubike, has stressed the need for African countries to deepen trade engagements with Australia.

This, he said, would make for a win-win situation in relations between the countries of the two regions.

Amb. Madubike, made the call in Canberra, Australia, on Monday during a dinner he organised for the Director General of the World Trade Organization, Nigerian-born Dr. Ngozi Okonjo-Iweala and members of her delegation,who were on an official visit to Australia.

The Nigerian Envoy said that Africa and Australia must strive to realize the potential each of the regions possessed in trade, raw materials and in areas of education and cultural exchange.

Amb. Madubike noted that Africa still lagged behind in both trade relations and in other areas of foreign policy engagements, hence the need to close the gap to realise better results.

Dr. Ngozi Okonjo-Iweala, who was in Australia as a guest of the Australian Government, was received along with her team by the High Commissioner and the staff of the High Commission in Canberra, Australia.

They were also joined by some members of the Diplomatic Community, members of the Nigerian Association as well as other friends of Nigeria.

Discussions of the visiting DG’s delegation were centred around international trade and the central role the WTO plays in regulating rules in the international trade system.

It also touched on how Australia could work with the organization to implement the historic outcomes of the 12th WTO Ministerial Conference held earlier in June 2022.

As the main purpose of her visit,Dr. Okonjo-Iweala delivered a lecture at the Lowy Institute, Sydney, where she spoke on the concept of Reglobalisation, Interdependence without Overdependence and Sustained Efforts on Multilateralism for the Growth of World Economy.

In her paper,she further advocated that Trade should be a tool for economic inclusion and support and for bringing new countries and communities into global value chains. (Flowerbudnews)