BelCCI Chairman V.Ulakhovich meets Ambassador Extraordinary and Plenipotentiary of Nigeria S.D.Ugbah

Date: 04 April 2018

The Chairman of the Belarusian Chamber of Commerce and Industry Vladimir Ulakhovich had a meeting with the Ambassador Extraordinary and Plenipotentiary of the Federative Republic of Nigeria in the Russian Federation and in the Republic of Belarus (concurrently) Steve Davies Ugbah.

The sides considered the prospects for Belarus-Nigeria trade and economic cooperation development and joint projects implementation. Besides, the Memorandum of Understanding was signed during the meeting between Capital Equipment Limited (Nigeria) and Minsk Tractor Works.

The two companies plan to establish a "Belarus" tractor assembly plant in Nigeria. The first step in the project of the assembly plant is the supply of ready-made "Belarus" tractors under the commercial contract. Afterwards, the sides will conduct market research and study the possible facilities to be acquired for the building of the assembly plant, will work on the business plan of the plant. The final stage in the project implementation will be the launch of tractors manufacturing in Nigeria.