China and Nigeria Enhance Ties with Deals on Nuclear Energy and Infrastructure

China and Nigeria Enhance Ties with Deals on Nuclear Energy and Infrastructure

04 Sep, 2024

China and Nigeria Enhance Ties with Deals on Nuclear Energy and Infrastructure

China and Nigeria have pledged to deepen their economic relationship by signing agreements in nuclear energy, media exchanges, and infrastructure development. The discussions between Chinese President Xi Jinping and Nigerian President Bola Tinubu took place ahead of the Forum on China-Africa Cooperation summit, where both leaders emphasized the importance of their evolving partnership. The agreements mark an elevation of their relationship to a comprehensive strategic partnership.

President Xi highlighted the significance of strategic coordination between China and Nigeria, two major developing countries, noting that their collaboration will energize China-Africa relations and foster progress among Global South nations. The strengthened ties are expected to play a pivotal role in enhancing economic and political cooperation within the region.

Nigerian President Tinubu expressed optimism that Nigeria would emerge as China’s largest trade and investment partner in Africa. He welcomed increased Chinese investment in key sectors such as agriculture, manufacturing, and mineral energy, all of which are vital to Nigeria's economic development and poverty reduction efforts. The agreements reflect a shared vision for sustainable growth, underscoring the commitment of both nations to achieving long-term economic benefits and contributing to global economic stability.

 


Related News

China’s March exports rose over 12% as businesses frontloaded shipments due to rising trade tensions

24 Apr, 2025

China’s exports saw a significant rise in March 2025, jumping…
Read More
Samsung Seeks Chinese Support to Revive Struggling Chip Business

05 Apr, 2025

Samsung is increasingly turning to Chinese tech firms to support…
Read More
China Counters Liberation Day With Business Investment Restrictions to U.S

03 Apr, 2025

China has responded to Liberation Day in the U.S. by…
Read More
China’s New Quality Productive Forces: Innovation, Growth, and Global Collaboration

02 Apr, 2025

China’s new quality productive forces are redefining innovation and global…
Read More
BMW and Alibaba strengthen AI partnership for future cars in China

28 Mar, 2025

BMW and Alibaba have expanded their AI partnership to develop…
Read More
China Showcases Business Opportunities to Apple, Pfizer, and Other US Companies

26 Mar, 2025

China continues to enhance its business environment, inviting multinational investment…
Read More

© 2025 Business International News. All rights reserved | Powered by Cred Matters.