The EFTA States signed a Joint Declaration on Cooperation with Nigeria in Buenos Aires, Argentina, on 12 December 2017.
The Joint Declaration on Cooperation (JDC) addresses cooperation on trade-related issues such as exchange of information on trade in goods and services, customs and origin matters, technical barriers to trade, intellectual property rights, public procurement markets, competition, and trade and sustainable development.
Furthermore, the Joint Declaration on Cooperation aims to promote private sector trade and investment cooperation.
A Joint Committee is established which provides the EFTA States and Nigeria with a forum and a practical framework to review their cooperation, discuss any other issue of mutual interest and formulate appropriate recommendations.
The Joint Declaration on Cooperation provides that the EFTA States and Nigeria shall, when conditions permit, jointly examine actions to be taken in view of establishing a free trade area between them.
For EFTA-Nigeria trade statistics, see EFTA Trade Statistics Tool