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U.S., EU air concerns at WTO about Nigeria’s forex curbs

BusinessDay
1 Min Read

The United States and the European Union have raised concerns at the World Trade Organization about Nigeria’s central bank curbs on access to foreign currency, a WTO official said on Wednesday.

At least nine WTO members raised concerns about the trade-related impact of the rules announced in June, including on fisheries, agriculture, plastics and aircraft.

Switzerland, Thailand, Malaysia, Chile, Norway, Iceland and Uruguay also aired concerns at the meeting of the WTO’s Council for Trade in Goods on Tuesday, the official said.

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