Nigeria leverages trade agreements to boost exports by ¹ ² ³ ⁴:
- *Reducing the cost of doing business*: The Nigerian government must address the general economic issues at the source to boost Nigerian exports by stemming the rising cost of doing business for Nigerian manufacturers.
- *Improving market access for Nigerian exports*: The Nigerian Export Promotion Council (NEPC) has tasked Nigerian exporters to embrace food safety systems that enable their products to gain market access to many export domains worldwide.
- *Harmonizing policies at all levels*: The government at all levels must assiduously harmonize its policies to enhance Nigeria’s trade and manufacturing industry.
- *Regional Trade Agreements*: Nigeria signed the African Continental Free Trade Area Agreement (AfCFTA) in July 2019 and ratified the agreement in December 2020. When fully implemented, the AfCFTA will require member countries to remove tariffs from 90% of goods, allowing free access to commodities, goods, and services across the African continent.
- *International Trade Agreements*: Nigeria and the United States both belong to several international organizations, including the United Nations, International Monetary Fund, World Bank, and World Trade Organization.
- *Bilateral Trade Agreements*: Nigeria has bilateral investment agreements with 31 countries, 15 of which are in force. The country also has double tax treaties with 13 countries and is a signatory to 21 investment-related instruments.

Nigeria has leveraged trade agreements to boost exports by 

Reducing the cost of doing business

 Improving market access for Nigerian exports

Harmonizing policies at all levels

 Optimizing its agricultural resources under the African Continental Free Trade Area (AfCFTA)

 Leveraging AfCFTA to increase exports (including diversification and more complex products) between African countries