The Mexican Embassy in Nigeria on Tuesday inaugurated the Nigeria-Mexico Chamber of Commerce (NMCC) along with a new Board of Directors, aimed at enhancing bilateral trade between the two nations.

Speaking at the event in Abuja, Mexico’s Ambassador to Nigeria, Amb. Alfredo Miranda, described the chamber’s launch as a milestone in the economic, cultural, and strategic relationship between both countries.

He said the NMCC would act as a bridge for businesses, innovation, and opportunities, linking Nigeria and Mexico—two nations rich in heritage, resilient in spirit, and ambitious in vision.

According to him, the chamber will be instrumental in supporting businesses from both sides, encouraging trade and investment, providing market insights, and strengthening mutual understanding.

“This is the moment we are certain to work, create new narrative and show to people that together Nigeria and Mexico are big power houses,” he said.

He noted the strategic importance of continued collaboration in trade and expressed optimism for improved trade figures in the near future.

The Minister of Foreign Affairs, Amb. Yusuf Tuggar, represented by Amb. Anderson Madubuike, Director of the Economic, Trade and Investment Department, highlighted the importance of stronger bilateral ties to unlock economic opportunities.

“There are so much that the two countries can do in advancing global economy, good enough this NMCC has come at an auspicious moment,” he said.

Minister of Livestock and Rural Development, Mr Idi Mukhtar, also pledged to boost agricultural investments, particularly in red meat production, animal disease control, and dairy processing.

“Nigeria today imports not less than 1.5 billion dollars of dairy products; we are hoping to upscale operations of the red meat industries, create opportunities and competition at the international market,” he stated.

NMCC President, Arim Pete, noted that the launch marked a new era founded on trust, opportunity, and strategic vision.

She described Mexico as a major global player—the world’s 12th largest economy with a GDP of $1.8 trillion—and stressed the chamber’s renewed focus on trade with Nigeria.

“Times have changed and the rules of trade have also been rewritten. So it is a good time for NMCC because there are so many opportunities across both countries. Our economies are so complementary, it is for us to now start the initiative,” she said.

The event drew participation from the President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Dele Oye, as well as representatives from various trade chambers, diplomats, and private sector leaders.

The NMCC, founded in 2014, aims to boost bilateral trade and investment, assist businesses in navigating regulatory challenges, and foster job creation, technology exchange, and knowledge sharing.

(NAN)

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