Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
China has revealed that the volume of trade between Nigeria and China in 2014 was about $18.1 billion.
There was relative increase in the exchange of goods and services in the year over the 2013 transactions.
Today, Nigeria is China’s third major export destination in Africa after South Africa and Angola, while China is Nigeria’s largest source of imports and third major trade partner.
Chinese companies had in 2014 invested in Nigeria’s construction, manufacture, oil and gas, telecommunications, agriculture, real estate sectors and free trade zones.
Both countries’ present level of win-win cooperation, China said that both countries socio-economic relations would be brighter in the years ahead.
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