GNCC, Indian businesses strategize to boost Ghana’s exports

GNCC, Indian businesses strategize to boost Ghana’s exports

Mar 3, 2017: The Ghana National Chamber of Commerce (GNCC) has expressed its support for the Indian government and the Trade Promotion Council of India’s (TCPI) initiative of increasing trade relations.

The initiative seeks to promote economic growth in Ghana through trade, employment generation and value addition to the country’s raw materials.

“With respect to the industries in Ghana that are producing we want to be able to up our game by adding some kind of international touch to the finished products so that they can compete on the international market,” the GNCC Head of Marketing, Trade and Investment Promotion Frederick Adu Amoako said.

“We want to be able to partner them to be able to establish some joint ventures in Ghana. We don’t want to continue to export our goods in their raw state, we want to process them, and we want to add value to the raw materials that we are exporting,” he said.

Frederick Adu Amoako was speaking at the sidelines of the launch of ‘Source India Ghana 2017’ in Accra. The Business delegation comprises about 50 Indian companies.
It is expected that the bilateral trade will strengthen investment and business relations which will have a positive impact on the Ghanaian economy through joint venture initiatives. It is also expected to favour technology transfers which will lead to employment generation, output growth and achieve import competitiveness.

Indian investment in Ghana is around USD 998 million, making India the second largest foreign investor in Ghana.

Related Posts

Kenya Railways to commence freight operations on SGR from December 2017

Kenya Railways to commence fre ...

July 27, 2017: Officially, Kenya Railways will start freight operations on the Standard Gauge Railway (SGR) from December 2017. In ...

CMA CGM consortium ink deal for Port of Kribi

CMA CGM consortium ink deal fo ...

Jul 27, 2017: The consortium of Bolloré Transport & Logistics, the Chinese group CHEC and French ocean carrier CMA CGM ...

Amsterdam Airport Schiphol records strong cargo growth in H1 2017

Amsterdam Airport Schiphol rec ...

Jul 27, 2017: Amsterdam Airport Schiphol has handled 866,713 tonnes between January and June 2017, up from 797,069 tonnes during t ...

IAG Cargo launches product for climate sensitive pharma shipments

IAG Cargo launches product for ...

Jul 27, 2017: The cargo handling division of International Airlines Group (IAG), IAG Cargo has announced that Constant Climate shi ...