The Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite, has joined her counterparts from across the Commonwealth of Nations in renewed efforts to unlock economic opportunities, deepen trade, and strengthen resilience amid global economic uncertainties.
The engagement, held on the sidelines of the World Bank and IMF Annual Meetings in Washington D.C., brought together Finance Ministers from member countries to discuss strategies for boosting intra-Commonwealth trade, improving infrastructure, and advancing sustainable development.
According to the Commonwealth Secretariat, trade among member states is 21% cheaper on average compared to global trade and is projected to reach $2 trillion by 2030. This advantage, the ministers agreed, should be leveraged through greater cooperation, investment in technology, and support for developing economies.
Dr. Uzoka-Anite, representing Nigeria, advocated for increased funding and stronger partnerships to drive the Commonwealth’s development agenda aimed at lifting millions out of poverty and promoting inclusive growth.
“The Commonwealth’s strength lies in its unity and shared purpose. Together, we can build stronger economies that empower our people and secure a sustainable future,” Dr. Uzoka-Anite said.
The ministers reaffirmed their collective commitment to deepening collaboration, ensuring that the Commonwealth continues to serve as a powerful platform for growth, innovation, and prosperity across its regions.
