Nigeria, Asian nations record $7.7bn trade volume in 2017

The trade volume between the Association of Southeast Asian Nations (ASEAN) and Nigeria in 2017 stood at $7.7 billion, the Malaysia High Commissioner-designate to Nigeria, Gloria Tiwet, has said.

ASEAN comprises 10 countries, with only five represented in Nigeria. They are Malaysia, Indonesia, Philippines, Vietnam and Thailand.

Tiwet made this disclosure while leading Embassies’ Heads of Missions and ASEAN member-states’ High Commissioners on a visit to the Foreign Affairs Minister, Geoffrey Onyeama, on Thursday in Abuja.

She said the envoys were in the ministry to familiarise the minister on ASEAN Day and Film Festival scheduled to hold soon in Abuja, noting that the festival was aimed at strengthening relations between Nigeria and ASEAN, particularly in the area of culture.

“In 2017, the trade volume between ASEAN and Nigeria amounted to $7.7 billion. That is very promising and portrayed good relations between our countries and Nigeria.

“Trade is one area that we looked into to strengthen our bilateral relations, and respectively, we represent our countries here as ambassadors and high commissioners to strengthen our bilateral relations as much as we can,” she said.