Nigeria To Access €3m Germany’s Agric Fund – WTO GD

Nigeria To Access €3m Germany’s Agric Fund – WTO GD

By Ladi Patrick-Okwoli 

World Trade Organisation Director-General, Dr.Ngozi Okonjo-Iweala has disclosed that Nigeria is set to benefit a total of €2.85mthis from Germany’s Federal Ministry for Economic Cooperation and Development .

Okonjo-Iweala who stated this in a statement, noted that the fund is to facilitate safe and inclusive agricultural trade in developing and less-developed countries aimed at helping them to meet international food safety, animal, and plant health standards.

According to Dr Okonjo-Iweala,  “I thank Germany for its generous and longstanding support to developing countries and LDCs in strengthening their compliance with sanitary and phytosanitary measures.

“When farmers are empowered to meet these standards, it improves access to global and regional markets, paving the way for increased sales and incomes. Enhanced SPS capacity also means more sustainable, resilient food systems, which contributes to food security at home and globally.”

Speaking, Germany’s Ambassador to the WTO, Dr Bettina Waldmann, said, “More than ever, it is time to show that WTO members help each other to fulfil their obligations, strengthen their know-how and further develop their trade capacities. Germany is pleased to see the STDF working fruitfully in the interest of all, enhancing everybody’s health and promoting sustainable agriculture.”

Waldmann explained that Germany’s contribution to the STDF would improve food safety systems by reducing trade barriers and trade costs in developing countries.

She noted that the funding would also strengthen the STDF’s knowledge platform, which connects diverse stakeholders from across agriculture, health, trade, and development to identify and disseminate good practices.

She said, “Developing countries and LDCs are encouraged to apply to the STDF for SPS project and project preparation grants. The next deadline for submission of funding proposals is 24 February 2023.”

She stated that Germany contributed €150,000 to the STDF in 2022 through its Federal Ministry of Food and Agriculture.

Tags assigned to this article:

Translate »