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Thursday, 11 February 2016

what US says concerning China and Nigeria partnership


– The United States of America has stated that it’s interest in Nigeria is not in any way threatened by the increasing partnership between Nigeria and China
– The Nigeria-China trade volume exceeded $13 billion in 2015, an indication of a growing and successful partnership between both countries

The United States of America has stated that the increasing partnership between China and Nigeria is not a threat to their trade relations with Nigeria and other African countries.
Linda Thomas-Greenfield says there is enough space for investors from all over the world in Africa

The position of the U.S was made by the assistant secretary of state for the Bureau of African Affairs, Linda Thomas-Greenfield today, February 10.
READ ALSO: Nigeria Dropped From CNN’s 2016 Economy Watch List
Greenfield who was responding to a question from naij.com on the increasing partnership between African countries and China said there is enough space for investors from all over the world in Africa.

She said: ‘‘I would say that the opportunities on the continent of Africa economically, as far as resources are concerned, investments are concerned, those opportunities are immense, and there is space for us, other investors, as well as the Chinese.

”So it is important, in my view, for African countries to look at potential investors from China as well as from the United States and other places and determine what is in the interest of their country and what is in the interest of their people and strike the best deals that they can strike for their people moving forward.”

”It’s about African countries determining what their priorities are and what their vision for economic growth and prosperity in the future requires from investors that are coming from overseas.”

Recall that the Chinese Ambassador to Nigeria, Gu Xiaojie, recently said that Nigeria-China trade volume exceeded $13 billion in 2015.

“Nigeria is China’s largest engineering contracted projects market in Africa; Nigeria is the second largest export market of China in Africa and Nigeria is also the third biggest trading partner and major investment destination in Africa,” the envoy stated.

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In a related development, the federal government of Nigeria is currently in talks with Chinese investors to attract around $15 billion additional investments into the Nigerian information and communications technology (ICT) sector.

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