About Economic Diplomacy Initiative
Global Business Matching Initiative
The objective of this Initiative is to use the global platform of the Federal Ministry of Foreign Affairs through its existing 114 Embassies and Missions, to match Nigerian businesses with business opportunities around the world. This is expected to boost both inward and outward trade and investment.
Aspects of Business Matching Initiative
The various aspects of the matching initiative are expected to boost both inward and outward trade and investment.
Providing a platform for global exposure of genuine Nigerian businesses and reducing credibility bias against them, would not only stimulate job creation and economic growth in Nigeria, but more specifically, provide international platform for businesses in parts of the country away from the established commercial and industrialized centers.
Online Comprehensive Database
The database, which will be accessible around the world through the various Missions of Nigeria, would include on one hand Nigerian businesses and the goods, services and opportunities they offer; and on the other hand, businesses that seek access to the Nigerian market.
Targeted Economic Missions
This strategy has a huge potential of facilitating trade between Nigeria and other countries in a more effectively and within a shorter period of time. Private sector entrepreneurs and policy makers in public service from the relevant sectors in Nigeria, will carry out economic missions, facilitated by the Ministry, on their own cost based on the interest of both countries(visiting and host country).