Nigeria Us Trade Agreements
In April 2018, President Trump received Nigerian President Muhammadu Buhari at the White House to discuss efforts to deepen our mutually beneficial relationship. Since 2010, the two countries have met regularly in the framework of the US-Nigeria National Commission (NMC), a high-level discussion forum. The last BNC took place on 9 November 2017 in Abuja, Nigeria, and was visited by an inter-institutional delegation led by Deputy Foreign Minister John Sullivan. The BNC meetings focused on key areas of mutual interest, including good governance and the fight against corruption; trade and investment; development and food security; and security and counter-terrorism efforts. In 2000, Nigeria and the United States signed a Framework Trade and Investment Agreement (TIFA). The eighth tifa Council meeting between the United States and Nigeria was held in March 2014 and Nigeria was represented by the Federal Ministry of Industry, Trade and Investment (FMITI). To view the TIFA document, click on Nigeria on the following link: ustr.gov/trade-agreements/trade-investment-framework-agreements. Free market access allows U.S. importers to easily purchase Nigerian products at competitive prices. It also promotes economic integration between the two countries, strengthens trade relations and thus continuously improves activities in Nigeria.
IiA Navigator This database of IAs – the IIA browser – is managed by UNCTAD`s IIA Section. You can browse the IIAs concluded by a particular country or group of countries, view the recently concluded ais or use the extended contract search for demanding research tailored to your needs. Please cite UNCTAD, International Investment Agreements Navigator, available on investmentpolicy.unctad.org/international-investment-agreements/ IIA Mapping Project The IIA Mapping Project is a cooperative initiative between UNCTAD and universities around the world to map the content of IIAs. The resulting database serves as a tool to understand trends in the development of the IIA, assess the prevalence of different policy approaches and identify examples of contracts. The “Mapping of IIA Content” allows you to browse the results of previous projects (the page will be updated regularly when the new results are updated). Please cite as: UNCTAD, Mapping of IIA Content, available under investmentpolicy.unctad.org/international-investment-agreements/iia-mapping More information: Mapping Project page Project description & Methodology Document For more details on the trade agreement, please visit the official AgoA website. The goal is to develop trade and investment relations between the United States and sub-Saharan Africa. The law provides for trade preferences for duty-free and quota-free imports into the United States for certain products. International investment agreements (IIAs) are divided into two types: (1) bilateral investment agreements and (2) investment agreements. A bilateral investment agreement (BIT) is an agreement between two countries on the promotion and protection of investments made by investors of the countries concerned in the territory of the other country. The vast majority of AIIs are BITs.
The category of contracts with investment rules (TIPs) includes different types of investment agreements that are not NTBs. Three main types of NTPs can be distinguished: 1. global economic contracts, which contain obligations usually found in THE ILO (e.g. B a free trade agreement with an investment chapter); (2) contracts with limited investment provisions (e.g. B only those relating to the creation of investments or the free transfer of investment funds); and (3) contracts that contain only “framework clauses”, such as. B those relating to cooperation in the field of investment and/or a mandate for future negotiations on investment issues. In addition to AIIs, there is also an open category of investment-related instruments (IRIs). It includes several binding and non-binding instruments, such as model agreements and drafts, multilateral conventions on dispute settlement and arbitration rules, documents adopted by international organizations and others.
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