€2.85MILLION GERMANY’S AGRIC FUND BENEFICIAL TO NIGERIA

The Federal Ministry for Economic Cooperation and Development of Germany is assisting the Standards and Trade Development Facility with the huge sum of €2.85 million from 2022-2025 which is a period of four years.

The agenda is to ease safety and agricultural trade in advancing and underdeveloped countries with the goal to support them in achieving all-round food safety, livestock and plant health standards.

Ngozi Okonjo-Iweala, Director-general of the World Trade Organisation was said to have acknowledged the magnanimous and persistent support of Germany to developing countries and LDCs in intensifying their acquiescence with health of the people and that of plants criterion. 

Germany’s Ambassador to World Trade Organisation, Dr Bettina Waldmann, in her speech stressed the importance of teamwork among the members of the organisation which further intensify their knowledge and skills with the inclusion of the growth of their trading potential.

Going forward, she stated that, “Germany is pleased to see the STDF working fruitfully in the interest of all, enhancing everybody’s health and promoting sustainable agriculture.”

She also expounded that the assistance of Germany to the STDF would increase food safety systems through impairment of trade barriers and prices in advancing countries. She observed that the funding would intensify the plan of STDF’s which links different stakeholders from diverse sectors to establish and propagate good customs.

Waldmann encouraged developing countries and LDCs to apply for the project and its grants, informing the public that the deadline for the funding proposal is 24th of February, 2023.

The German Ambassador also noted the contribution of Germany to be €150 thousand to the STDF through its Federal Ministry of Food and Agriculture in the previous year.

Ajayi Taiye
Ajayi Taiye
Ajayi Taiye is a writer at Insight.ng helping to spread informative news to the public. Specializing in content writing, Taiye uses that experience to bring light to the African business news. Other times, Taiye loves getting creative with the keyboard and adding to the number of companions around her.

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