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Buhari Wants Access To The Duty-free Market.

due to their overall detrimental effects on productivity, economic development, and growth.

 

As a result, regulatory and financial preparations must be established to guarantee that everyone, including the wealthy and the poor, has equitable access to healthcare and vaccinations.

 

In order to supply proper equipment, test kits, vaccinations, and treatments for illnesses, he said, “We must also collaborate with producers of medical equipment and pharmaceutical businesses.

 

Buhari emphasized the need for changes to the global financial system that give the needs of least developed countries first priority when talking about the problem of the growing debt load.

 

He agreed with the UN Secretary-assessment General’s of the global financial system as a “unfair debt architecture” that not only charges developing nations much higher interest rates than developed economies when they borrow money from the market, but also degrades them whenever they consider debt restructuring or applying for debt relief.

 

Regarding trade, the president stated: “Modalities to facilitate transit cooperation, technology transfer, and access to global e-commerce platforms are important to put in place as they are essential for the integration of LDCs into the regional and global value chains and communications technology services.

 

“It is crucial to achieving the SDGs and promoting security and economic prosperity to adopt a global coordination mechanism to systematically monitor illicit financial flows and engender support for a United Nations International convention on tax matters to eliminate base erosion and profit shifting, tax evasion, capital gains tax, and other tax abuses,” he stressed.

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