Ecuador to Partner Nigeria on Trade Expansion


By Eromosele Abiodun

The Ambassador of Ecuador to Nigeria, Leopoldo Rovayo Verdesoto has pledged his commitment to boosting trade between Nigeria and his country with a view to improving the economic benefits of both countries.

He stated his when he led a delegation of embassy staff to the Port Harcourt Chamber of Commerce Industry Mines and Agriculture (PHCCIMA).

He added that he was hopeful   of   expanding   new   business   frontiers   and forging mutually beneficial partnership with   the  Chamber   to promote Ecuadorian business interest in the state and region.

Verdesoto commended PHCCIMA’s effort at providing significant support to businesses and contributing to stimulating the local economy, which according to him, fall within the statutory objective of the Chamber.

He   said   PHCCIMA   is   strategic   to   his   pursuit   of   healthy partnership as a chamber that has consistently maintained growth as the second largest and most active Chamber of Commerce in Nigeria.

Ecuador,   according   to   him,   has   a   lot   of   prospects,   which   have   been enhanced with government’s effort to promote public policies focused on knowledge and innovation, diversification, partnerships, security and incentives for foreign public-private investments among others.

According to the Ecuadorian envoy, “We are interested in export/import from   both countries in   products   like   shrimps,   tuna   fish, straw   hats, palm   heats,   all   varieties   of   coffee,   prawns   even   in   the   area   of partnering to tap from the huge value chain in cocoa production, and chocolates which Ecuador is well-known for- as well as other products that can interest the state and Nigeria as a whole.

 Verdesoto said   the   delegation   had earlier visited Kano Chamber of Commerce, noting that Port Harcourt was the   second   visit   aimed   at   deepening   Ecuador/Nigeria   business relationship,   showcasing   investment   opportunities   in   Ecuador,   and highlighting opportunities and policies put in place by the Ecuadorian government for smooth running of businesses  for  investors   and the Chamber.

“Let me tell you a secret you don’t know, the hairs imported through the Panama canal is gotten from Ecuador, but because it is transported through the Panama canal, it is brandished Panama hair. Basically we can directly have an arrangement and collaboration to supply this hair in Nigeria because we are here to build bridges and partnerships and connect Ecuador to Nigerian businesses, “he added.

Receiving the Ambassador of Ecuador and his delegation, President of Port Harcourt Chamber of the Commerce, Dr. Emi Membere-Otaji expressed gratitude   for forging   a   relationship   and   creating   awareness   about Ecuadorian investment opportunities and partnerships.

Membere-Otaji said it was evident that the Chamber has built   significant   reputation   in   partnerships   even   as   she   has   the requisite knowledge, expertise and experience needed in virtually all areas of   human   endeavor.

He added that the   chamber   was   committed   to partnering with Ecuadorian investors in key areas that will be of mutual benefit.

”In PHCCIMA, our major objective is to ensure that businesses thrive and to create opportunities; we have listened to you, I want to assure you we will take this message to our members and begin to peruse into potent areas we can partner and invest. My distinguished Ambassador, you have come to the main stay of investors in the country, apart from being the capital of oil and gas, Port Harcourt is the commercial nerve centre for a variety of businesses, so this is home to businesses and we will   partner   with   you   and   ensure   we   further strengthen   the   ties, ”he said.