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International Trade Center- Houston Signs Agreement with Nigerian Government

The International Trade Center located in southwest Houston signed an important Memorandum of Understanding (MOU) with top officials of the Nigerian government on Friday, April 16, 2010, at the Renaissance Hotel, Houston, Texas.

The historic signing of the MOU was the highlight of the first annual USA-Nigeria Business Forum which is an effort on the part of the Nigerian government to expand trade between the U.S. and Nigeria.

The agreement opens to door for the International Trade Center-Houston to work closely with the government of Nigeria to assist, in the words of the agreement, “the Nigerian Ministry of Commerce and Industry to Discharge her responsibility of growing the real sector of the Nigerian economy as well as improving the trade sector…including oil and non-oil exports from Nigeria to the U.S.A. and global market.”

International Trade Center Chairman Wea H. Lee told those present at the signing that he was very proud that there would now be an ongoing relationship between the “ITC” and Nigeria. Chairman Lee mentioned that he also hoped members of the Nigerian government would be able to attend the upcoming “Texas
Asian Business Summit” scheduled for September 2010 at the International Trade Center. In recent years, business activity between Africa and China and other Asian countries has greatly increased.

The International Trade Center in Houston, Texas, has been conducting international business meetings since it first opened its doors in 2007. Working under an MOU (memorandum of understanding) with the U.S. Department of Commerce Commercial Service and other business partners, the “ITC” has conducted over 75 successful business procurement, matchmaking and educational business meetings and conferences with participation from countries all over the world.

Val Thompson, Executive Director of the International Trade Center, who worked closely with representatives of the U.S. Chamber of Commerce in arranging the MOU signing, told those in attendance that he looked forward to future efforts at the Trade Center that will promote and encourage expanded trade with Nigeria. Nigerian officials have indicated they hope to open an office at the International Trade Center – Houston.

International Trade Center people at table reviewing agreement

Photo (L-R) David Ademola Adejuwon, Director of Trade, Nigeria Federal Ministry of Commerce and Industry, Senator Jubril Martins-Kuye, Honorable Minister, Nigeria Federal Ministry of Commerce and Industry, Wea H. Lee, Chairman, International Trade Center – Houston, Val Thompson, Executive Director, International Trade Center- Houston.

For additional information, contact John Robbins, ITC, 832-448-0193, Email: john4252@gmail.com

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