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By Yaw Ansah, RNG
Accra, July 27, GNA – The second edition of
Made in Ghana-Bazaar, which aims to market products and services abroad for
attract foreign direct investment, opened in Accra.
The event, which drew 200
exhibitors, is one of many strategies adopted by the government to
promote small and medium-sized enterprises and provide the necessary platform for
establish links with diplomatic missions.
Ms. Shirley Ayorkor Botchwey, Minister
Foreign Affairs and Regional Integration, said that the event should
boost exports, create more jobs and strengthen the Ghanaian currency by
earn more foreign currency.
She said under economic policy
government diplomacy program a number of companies were facilitated
participate in trade fairs and trade missions organized in countries
including, Ethiopia, India, Malta, Russia, Slovenia, United States of America
and the United Arab Emirates.
Ms. Botchwey said that Ghana was at the
vanguard of African liberalization struggles on the continent and the host
of the African Continental Free Trade Area (AfCFTA) would remove trade barriers
including tariffs to move trade on the continent from 16% to 52%
cent of here 2021.
She said the government would exploit the
immense potential for wealth, peace, stability and democracy for the
socio-economic development.
Mr. Carlos Kingsley Ahenkorah, MP
Minister of Commerce and Industry, said promoting trade, industrialization and
investments, the government has embarked on a transformation agenda and
private sector development to develop the economy.
As part of the measures taken to achieve this objective, it is
the government provided physical and non-physical incentives through
the free zones and the factory to a district, a (1D1F) in the field of enterprises
taxes, tax holidays, normalization of interest rates, exemptions and importation of weavers
functions.
He said that Ghana remains a country of choice for
invest and do business and called on foreign companies to take advantage of the incentives
and locate in Ghana.
Mr. Lawrence Agyinsam, Executive Director
Head of Ghana Exim Bank, said his team would continue to support and strengthen
the competitiveness of small and medium-sized enterprises to make the economy a
led by exports.
He gave badurance that the Exim Bank
would support businesses with financial intermediation to enable them to
realize their dreams that were in line with the vision of the Government of Ghana
Beyond and a district, a factory.
In a speech read on his behalf, Dr. Nana
Appiagei Dankwawoso I, a representative of the private sector, urged the
government to provide incentives and capacity-building opportunities
companies.
He called for deliberate efforts to be made.
the purchase of goods and services from local businesses to ensure sustainable development.
growth.
GNA
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