Professional Documents
Culture Documents
RELATIONSHIP
Submitted by,
Name: Gloria Anthony
Student ID: 300869569
Professors Name: Farra Yassin
Course Name: Business Culture & Craft
Course Code: BSN733
Date of Submission: 16 08-2016
Executive Summary
This report explores the business relationship between Canada and Nigeria over the past 10
years. Canada has established its business and trade relationship around the globe. Since
Nigerias independence in 1962 Canada build a conciliatory trade relationship. As a symbol of
strong trade relationship Canada is represented by its High Commission in Abuja and also a
Deputy High Commission located in Lagos, both originated in 1999. In 2012 Canada- Nigeria
Bi- National Commission was created and this served as a key forum for bilateral exchanges on
political, trade, development and security issues. As Canada has its High Commission in Nigeria,
in 1973 the High Commission of Nigeria in Ottawa was opened. By welcoming more than
10,000 Nigerian students the relationship got stronger and also Nigeria was Canadas major
source of international students.
Nigeria is rich in minerals, fuels, rubber, lead, and processed food and therefore these are
Canadas main imports. Canada exports wide variety of products ranging from wheat to
manufacturing equipments. Apart from all these friendly affairs both the countries had some of
the differences as per its goals and strategies.
Canada and Nigeria had built a gracious relationship with Nigerias independence in 1962.
Canada is considered to be one of the peaceful nations in the world and Canada has a
multicultural population which makes it even richer. Nigeria is well- known for its resource
richness. The oil and gas is the blooming industry in Nigeria. In Canada Nigeria is represented
by a High Commission in Ottawa. In 1973 the High Commission was opened in Ottawa. Many
students from many countries migrate to Canada for higher education and Canada welcomes
them warmly. Canada and Nigeria has a strong and flourished traded relationship. Along with the
oil sector infrastructure sector also is a major trade area for Nigeria; there has been noticeable
growth in the finance sector over the past years and security issues are still a challenge for
Nigeria.
TABLE OF CONTENT
Introduction------------------------------------------------------------------------------------------------1
References
Canada-Nigeria Foreign Investment Promotion and Protection Agreement (FIPA) Negotiations.
(n.d.). Retrieved August 16, 2016, from http://www.international.gc.ca/trade-agreementsaccords-commerciaux/agr-acc/fipa-apie/nigeria.aspx?lang=eng
Trade and Investment Series 2013. (n.d.). Retrieved August 16, 2016, from
http://www.lop.parl.gc.ca/content/lop/ResearchPublications/2014-44-e.html
Agreement Between Canada and the Federal Republic of Nigeria for the Promotion and
Protection of Investments. (n.d.). Retrieved August 16, 2016, from
http://www.international.gc.ca/trade-agreements-accords-commerciaux/agr-acc/fipa-apie/nigeriaagreement-nigerie.aspx?lang=eng
Canada - Nigeria Relations. (n.d.). Retrieved August 16, 2016, from
http://www.canadainternational.gc.ca/nigeria/bilateral_relations_bilaterales/canada_nigeria.aspx?
lang=eng