Henrietta Nagy 

Ph.D., Dr. Habil., Associate Professor, Faculty of Economics and Social Sciences, Szent István University, 

nagy.henrietta@gtk.szie.hu 

Páter Károly St., 1, H-2100 Gödöllő, Hungary 

József Káposzta 

Ph.D., Dr. Habil., Associate Professor, Faculty of Economics and Social Sciences, Szent István University, 

kaposzta.jozsef@gtk.szie.hu 

Páter Károly St., 1, H-2100 Gödöllő, Hungary 

Ph.D., Dr. Habil., Associate Professor, Faculty of Commerce, Hospitality and Tourism, Budapest Business School 

neszmelyi.gyorgy@uni-bge.hu 

Alkotmány St., 9-11, 1054 Budapest, Hungary 

Omokheka Gregory Obozuwa 

MSc, Rural development engineer, Faculty of Economics and Social Sciences Szent István University 

obozuwa.omokheka@yahoo.com 

Páter Károly St., 1, H-2100 Gödöllő, Hungary 

Abstract. The main objective of this paper is to give an overview on the trade agreements which are concluded by developing countries and to examine their contribution to the development of the economy and society. There are a number of such agreements, but it should be seen how much they really function and serve the quality of life of people as well as food security and safety. The aim of such agreements should consider the resources and needs of the parties for mutual benefits. There have been various initiatives in the countries of Africa especially to focus on and develop the agricultural sector, which has employed millions of people and has had significant role in keeping the population in the rural areas. However, regarding the bilateral or multilateral agreements, we should see that less progress has been achieved than expected. In this study the authors analyzed the situation in Africa, with special focus on Nigeria, to summarize the achievements and to list up some recommendations on future measures. 

Key words: Trade agreements, Developing countries, Africa, Nigeria, Sustainable development, GATT, BIT, WTO.

Attachments: /1_Nad_i_dr.pmd.pdf