Business
Ghanaian Minister Lists Benefits Of Abuja Trade Fair
The Ghanaian Minister of State for
Trade and Industry, Mrs. Hanna Tetteh, has said that her country’s
participation in the Abuja International Trade Fair will facilitates
public/private partnership and contributes to its economic growth.
Tetteh, who spoke during the Ghana
Special Day at the 7th Abuja International Trade Fair, said that public/private
partnership was a new development in Ghana.
Represented by the Acting Director
of Exports in the ministry, Mr Gerald Nyarko-Mensah, Tetteh said there was need
to consolidate the gains made so far from the partnership.
She stressed the need for
businessmen from both countries to learn French in order to reduce the trade
barriers encountered in the sub-region.
“Our recent participation in
international trade fairs in Nigeria facilitated many business relations for
both private and public sectors which hitherto were latent.
“We have been pursuing the agenda
for export-led growth as we believe that economic growth would be achieved
through increased international trade.’’
Tetteh called for speedy
negotiations for achieving customs union, single currency and ECOWAS Trade
Liberalisation Scheme in order to maximise the benefits of regional trade.
In his speech, Mr Stephen
Normeshie, the Acting Chief Executive Officer of Ghana Export Promotion
Authority, said that the country would establish a Ghana Trade Centre in Abuja.
Normeshie, who was represented by
Mr Samuel Brew, the Director of Human Resources in the ministry, said the
arrangement would provide a win-win scenario for both countries.
“It will serve as an apt avenue to
taste and have Ghanaian products.’’
On her part, the Deputy High
Commissioner of Ghana, Mrs. Irene Mama, called for the establishment of a
common custom tariff to remove trade challenges at the borders.
She said that Ghana had created an
enabling environment for businesses to thrive and that this had attracted many
foreign investors including Nigerians.
According to Mama, trade has the
potential for creating jobs and reducing poverty in ECOWAS member countries.
“Many Nigerians are doing good
business in Ghana and Nigeria has the second highest investment in Ghana after
China.’’
She noted that there were waivers
for traders from ECOWAS countries in Ghana, adding, that certain requirements
must be met.
Mr. Solomon Nyagba, the President
of the Abuja Chamber of Commerce, Industry, Mines and Agriculture (ABUCCIMA),
commended Ghana for its massive participation at the fair.
Nyagba also commended the
Government of Ghana for facilitating the participation of Ghanaian exhibitors
at the fair, adding that there was no way government alone could develop a
country.
“It must be in partnership with the
private sector as shown by Ghana.
He gave the assurance that ABUCCIMA
would mobilise its members to participate en masse in any fair organised by
Ghana, if invited.
Our correspondent reports that
about 51 Ghanaian companies are participating in the fair.
Items displayed at the Ghana
Pavilion include textiles, ornaments, sculptures and herbal foods and products
among others.
The highlight of the event was a
cultural display by various Ghanaian troupes.
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