The Nigerian-American Chamber of Commerce recently organised a two-day agro-commodity export master class for aspiring exporters and others.
The chamber in a statement said the programme was organised in collaboration with Multimix Export House.
It said the master class, which focused on export commodities such as sesame seeds, ginger, cashew nuts and products, shea nuts/butter and processed vegetable and food products, was designed for produce merchants, infant exporters, existing exporters, commodity brokers, foreign buyers, investors, financiers and government export facilitating and inspection agencies.
The Chief Executive Officer, Multimix Export House, Dr Obiora Madu, was quoted as saying that the International market was ruthless, selective and fiercely competitive.
“Well-constructed corporate alliances help partners to pool expertise, enter new markets, share financial risks and get products and services to the market faster. In a world of globalisation and rapid change, the best route to business goals often involves a partnership,” he stated.
The statement read in part, “The master class involved interaction with experienced stakeholders in the agricultural export commodity chain as facilitators were drawn from among the value chain practitioners.
“The two-day event facilitated the use of real life case studies, discussions and presentations for knowledge dissemination. It looked at critical areas in the export business, building blocks of export trade, managing international payment risks and documentation, sourcing finance for export trade, commodity sourcing and logistics.
“It also dwelt on opportunities in the African Growth Opportunities Act, finding the American market, costing and regulatory compliance, among others.”
The Director-General, NACC, Joyce Akpata, was quoted as saying that the chamber was working closely with relevant stakeholders to promote the AGOA as the Act offered the potential of boosting commodity exports from sub-Saharan African countries to the United States.
“Nigeria is blessed with commodities for export and we can leverage our abundance to create jobs, increase foreign reserves and foster socio-economic growth and development,” she stated.
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