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Nigeria and the United States signed a trade agreement on Wednesday in Washington in another move towards normalising their relations, the US Information Agency (USIA) reported.
US Trade Representative Charlene Barshefsky and Nigerian Vice-President Atiku Abubakar signed the Trade and Investment Framework Agreement (TIFA) at a ceremony at the White House. Barshefsky said President Olusegun Obasanjo and Abubakar "have set into motion a remarkable and courageous administration whose goal is democratisation, economic reform, and opening
to the world," which, she said, was applauded by the Clinton
administration.
The TIFA will help spur US investments in Nigeria, which in turn will help the Nigerian economy gain strength and a greater reliance on the private sector as the economic engine for change and growth, she added.
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