Nigeria China trade partnership: NCSP hosts Newryton delegation to boost industrial cooperation, investment, and exports in strategic sectors

China Strategic Partnership (NCSP) hosted a high-level delegation from Newryton International Industrial Development Co. Ltd to advance discussions on deepening bilateral trade, industrial cooperation, and development financing.

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The Newryton team, led by Mr. David Chen, Assistant Secretary-General of the China Hainan Investment Council, engaged with NCSP following meetings with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). Mr. Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, accompanied the delegation and expressed the association’s support.

Key discussions focused on establishing a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.

The delegation also outlined investment opportunities within Hainan Province’s Free Trade Port, offering preferential policies for Nigerian businesses.

Speaking on behalf of Newryton, Mr. Pong highlighted plans to access FOCAC-supported financing for strategic investments in agriculture, energy, mining, and solid minerals processing. He emphasised aquaculture as a priority sector and encouraged Nigerian stakeholders to participate in the forthcoming Global Aquaculture Conference in Hainan.

Plans to enhance vocational training and employment under the Belt and Road Initiative were also discussed.

Welcoming the delegation, NCSP’s Head of Internal Operations, Martins Olajide, reaffirmed the organisation’s commitment to mutually beneficial partnerships and highlighted the development of the Nigerian Oil Palm Industrial Park as a flagship project.

Judy Melifonwu, NCSP’s Head of International Relations, noted that China’s zero-tariff policy and the forthcoming NAQS–GACC protocol for Nigerian aquaculture exports would strengthen Nigeria’s competitiveness in global markets.

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Both parties committed to advancing discussions toward a structured cooperation framework covering priority sectors, signalling a new chapter in Nigeria–China industrial collaboration.