Nigeria, Vietnam strengthen cashew trade ties

Source: News Agency of Nigeria 

Nigeria and Vietnam have begun formal discussions to deepen trade and investment in the cashew sector, with a focus on boosting local processing and transforming its value chain.

The National President of the National Cashew Association of Nigeria (NCAN), Dr Ojo Ajanaku. said this in Abuja following a closed-door meeting with the Head of Delegation, Ms Nguyen Phuong, and other representatives from the Vietnamese Embassy.

“We have been working towards signing some contracts, and we are hopeful they will be successful.

“With this Joint Trade Committee (JTC) and additional Memoranda of Understanding (MoUs), we believe we can achieve great things for the country and elevate the cashew industry in a way that benefits our stakeholders,” he said.

Ajanaku emphasised that the initiative read more