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Nigeria/Israel Annual Bilateral Trade Volume Stands Between $200m, $250m – Envoy

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Bilateral trade volume between Israel and Nigeria stands at between $200 million and $250 million  yearly, Michael Freeman, Ambassador of Israel to Nigeria, said.

He assured of his country’s readiness to improve the trade volume.

Freeman, also Permanent Representative of Israel to ECOWAS, disclosed this to the press on Monday, promising to deepen trade cooperation between both countries.

“It often changes due to COVID-19 and I see no reason why trade between both countries will not be reaching four times that within very short period.

“There is a lot we need to do to increase trade volume and that is my target; Israel and UAE established diplomatic relations since past two to three years.

“Within that timeframe we have got from zero trade to close to $2billion worth of trade in couple of years. Israel has population of 9 million people, as well as the UAE too.

“Meanwhile, in Nigeria there is a population of approximately 200 million people, we think about potential of what the trade will be, if we work together.”

He explained that the trade cooperation could be strengthened bilaterally, saying there were many things Israel could buy from Nigeria and vice versa, in the bid to increase the trade volume.

According to Freeman, it may not just be based on trade, but also in provision of jobs in Nigeria and improvement in the lives of the citizenry.

“We will work closely with the Nigerian government, to boost partnership in ensuring safety of Nigerians on pilgrimage to Israel.

“We welcome all Nigerian tourists and we want Nigerians to come to Israel and return to tell compatriots about their experiences in the Holy Land.”

The envoy also reassured of the country’s plan to work closely with Nigeria and Africa at large, in area of sustainable security to boost trade cooperation between them.

The envoy commended Israel-Nigeria diplomatic relations to have been established on mutual grounds

He reiterated that Israel sought to expand its relations with Africa, particularly in areas with potential to record remarkable growth.

“Recently, Prime Minister Netanyahu at a forum, said Africa was a priority, be it East, West, Central or South Africa, particularly Nigeria, which has lots of opportunities to work together with Israel.

“We are looking to establish diplomatic relations with countries we do not have ties with yet; we will like to establish diplomatic relations and share expertise with those countries.

“Africa is the future and Israel too is the future, so together we have potential to do amazing things for our people; Israel is willing to work with Nigeria on security.

“We are willing to partner Nigeria on basis of reaslising what Nigerians need; we have significant experience in homeland security, yet continue to face terrorism challenge, these are things Nigerians are aware of and have experienced.

“We are also willing to share our knowledge and expertise with the Nigeria government, the way it would like to work.” he said.  (NAN)

Foreign News

Mozambique’s Death Toll from Cyclone Chido Rises to 94- Reports

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Mozambique’s disaster management agency announced that the death toll from Cyclone Chido has risen to 94.

The cyclone had made landfall in northern Mozambique a week ago and Mozambique’s institute for natural disasters on Thursday had given the death toll at 73.

The Indian Ocean archipelago Mayotte bore the brunt of the storm.

Officials in Mayotte, which is one of France’s poorest overseas territories, have only been able to confirm 35 fatalities from Chido, but some have said they fear thousands could have been killed.

Olamide Harrison, the International Monetary Fund’s Mozambique resident representative, said on Wednesday that the country’s 2024 economic growth would  likely be revised down from a previous forecast of 4.

3 per cent due to the impact of the cyclone and post-election civil unrest.

In October, Daniel Chapo, the candidate of Mozambique’s ruling party Frelimo, was declared winner of the presidential election. (Reuters/NAN)

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No talk of Ceasefire Deal Between Turkey, US-backed SDF in Northern Syria – Turkish Official

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There is no talk of a ceasefire deal between Turkey and the U.S.-backed Syrian Democratic Forces (SDF) in northern Syria, contrary to a U.S. announcement on the issue, a Turkish defence ministry official said on Thursday.

The official was responding to comments from State Department spokesperson Matthew Miller, who said a ceasefire between Turkey and the SDF around the northern Syrian city of Manbij has been extended until the end of this week.

“As Turkey, it is out of the question for us to have talks with any terrorist organisation.

“The (U.S.) statement must be a slip of the tongue,” the defence ministry official, who was speaking on condition of anonymity, told reporters.

Washington brokered an initial ceasefire between Turkey-backed Syrian rebels and the SDF forces last week after fighting that broke out earlier this month as rebel groups advanced on Damascus and overthrew Bashar al-Assad.

The SDF is an ally in the U.S. coalition against Islamic State militants.

It is spearheaded by the YPG, a group that Ankara sees as an extension of the Kurdistan Workers Party (PKK) militants who have fought the Turkish state for 40 years.

Turkey regards the PKK, YPG and SDF as terrorist groups. The U.S. and Turkey’s Western allies list the PKK as terrorist, but not the YPG and the SDF.

When asked if Ankara was considering another ground operation into northern Syria, the official said that Turkey still sees a threat to its borders from north Syria.

“Our preparations and precautions as part of the fight against terrorism will continue until the PKK/YPG lays down its arms and its foreign fighters leave Syria,” the official said.

Since 2016, Turkey has mounted four military operations in northern Syria, citing national security threats.

Turkey believes that forces of the Syrian National Army paramilitary group which it backs will “liberate” YPG-controlled areas in northern Syria, the official said, signalling that Turkey does not plan an imminent operation into the region by its military.

The SDF have close ties with Western countries including the U.S. and France. Recently, France said the political transition in Syria needed to ensure that the SDF was represented. (Reuters/NAN)

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President Yoon Banned from Leaving South Korea

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The South Korean Government ordered an overseas travel ban on President Yoon Suk Yeol.The South Korean news agency Yonhap reported on Monday that the travel ban is due to the ongoing investigation into Yoon, which involves suspicion of high treason.Yoon unexpectedly imposed martial law on his country last Tuesday night, but hours later, after massive political resistance, he repealed the order.

On Saturday evening, a motion by the opposition to impeach the president in parliament failed.
However, public pressure against the 63-year-old continues. (dpa/NAN)

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