Indian
High Commissioner to Nigeria, Rangaiah Ghanashyam has decried the lack of
multiple taxation avoidance treaty and investment protection agreement between
Nigeria and India.
naira-Dollar
He
made this known while speaking as a guest at the inaugural edition of Diplomat
Dialogue Series, a think-tank initiative by the Nigeria Leadership Initiative,
NLI in Lagos.
He
said that putting such diplomatic trade instruments in place will facilitate
increased trade ties between the two countries.
He
said since Nigeria established bilateral relations with India in 1958, it has
risen to become the largest trading partner with Nigeria yet the relationship
is hampered by lack of such basic protection instruments including lack of
direct flight from Nigeria to India.
Ghanashyama
also disclosed that