With global interest shifting to the Asian economies for trade expansion, investors from Nigeria are gearing up to meeting their India counterparts in New Delhi, India on June 7.

The business communities in the two countries will be discussing trading opportunities and sustainable partnership.

An epicentre of the economic power in the region, India's trade with Nigeria is worth about $17 billion in 2012, according to the authorities of India High Commission in Nigeria.

To deepen the bilateral relationship between the two British colonies, Perchstone and Graeys, one of the leading law firms in Nigeria will be organising its seventh annual law series (ALS) in New Delhi.

Speaking at a press briefing organised by the firm, a senior partner in the firm, Mr. Kunle Ajagbe, said Nigerian business community has a lot to learn from the success story of India while India also has much to learn and to benefit from doing business in Nigeria.

"The rise of India as a significant source of investment into Nigeria suggests it requires an even more collaborative effort to mutually take advantage of the unfolding opportunities," he said.

He stated that the relationship between the two countries dates back to the pre-independence years.

P&G, according to Ajagbe, is embarking on this project as a way of building greater synergy and understanding between legal and business communities and policy makers in government.

Another partner in the law firm, Olawale Adebambo, said P&G has assisted the developing of the concept of securitisation in Nigeria as an alternative financing technique.

"The organisation has also helped providing credible platform for dialogue on business and policy advocacy," he said.

Adebambo expressed hope that the lecture will produce a robust interaction between Nigerian and Indian companies leading to increased export earnings on both sides.