Trade Zones
Minister: Industry, trade, investment key to economic diversification
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, says the sector is crucial in the drive toward diversification of the nation’s economy, away from being oil dominated. Adebayo spoke in Abuja at the Physical/Virtual 12th National Council on Industry, Trade and Investment meeting, with the theme “Revitalisation of the Industry, Trade and Investment Sector in Nigeria in the Post-COVID-19 pandemic era”. He explained the pivotal role of the ministry as a key actor in the economy with the mandate to stimulate domestic investment and attract foreign direct investment into all sectors. The minister said it was committed in facilitating trade in goods and services and maximising benefits of international trade through functional bilateral and multilateral trade relations. Acc...
Guatemalan president says graft fighter biased, ahead of Harris visit
Guatemala’s President Alejandro Giammattei criticized the country’s best-known graft prosecutor for what he said was a left-wing politicization of the fight against corruption, a view at odds with strong U.S. backing for his work. Speaking in an interview with Reuters late on Tuesday, Giammattei nonetheless expressed hope that a visit to Guatemala next week by U.S. Vice President Kamala Harris will produce shared strategies to create prosperity in rural areas prone to emigration. Harris, a Democrat, is in charge of Washington efforts to tackle the causes of mass migration from Honduras, Guatemala and El Salvador, collectively dubbed the Northern Triangle, including a focus on corruption and poor governance that she says limit opportunities. There is a $4 billion U.S. aid package to the reg...