The Ghana Export Promotion Council (GEPC) on Wednesday launched an export trade services strategy guide book, entitled "Winning Foreign Contracts", to provide information to Ghanaian consultants on how to identify foreign target markets to facilitate export.
The compilation of the book, which was supported by the Commonwealth Secretariat, also contains addresses of target markets and how to win foreign contracts to increase export revenue.
Mr. Edward Collins Boateng, Executive Secretary of GEPC, who launched the book in Accra, said Ghanaian professionals were currently being recruited to offer high quality professional services to foreign companies.
He said GEPC developed the book to help the professionals to their services on the global market.
Mr. Boateng said Ghana's services trade growth was now greater than growth in goods trade and was expected that services trade would represent half of the world's economy by 2020.
"Currently, world imports of commercial services (excluding transport and tourism) amount to $1.2 trillion. Ghana's exports of commercial services total less than $50 million (less than 0.01 per cent of global imports)."
He said it was important for Ghana to increase her global share of the expanding market. Mr. Boateng said the market for the export trade in services was complex and becoming increasingly competitive and very difficult, requiring innovative strategies, which the book would explore. He called for measures to address bottlenecks militating against access of Ghanaian professionals to international market opportunities to ensure the realisation of the potential of the services export sector.
Dr. Osei Boeh-Ocansey, Director-General of Private Enterprise Foundation said the private sector considered the launch historic because it would open the doors of many local firms to opportunities in the services export trade sector across the globe. He called for capacity building and collaboration among firms to enable them to take advantage of the opportunities the sector offer.
Source: GNA/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Effiduasi market women hit streets in demand for access to stalls after paying contractor
19 minutes -
GNAT urges gov’t to prioritise education sector challenges just as it’s tackling energy issues
21 minutes -
Free SHS can’t continue; parents must pay for feeding, accommodation – NAGRAT President
26 minutes -
Mahama demands update from IGP on election-related deaths in 2020, 2024
33 minutes -
It’s a boy! Moses Bliss and wife welcome first child
45 minutes -
Motorists stranded as fuel shortage hits Damongo
47 minutes -
Fuel shortage hits Yendi and Damongo, residents appeal for swift intervention
1 hour -
Prof Bokpin endorses Finance minister-designate’s push for additional IMF funding
1 hour -
Sammy Crabbe criticises NPP leadership for party’s defeat; eyes chairmanship in 2026
1 hour -
There’s no formula for how a President decides to roll out his appointees – Dr Osae-Kwapong
2 hours -
Parliament suspends sitting for committee to vet ministerial nominees; orient new legislators
2 hours -
Close SHSs to address feeding, other issues – PTAs tell government
2 hours -
Uganda’s controversial tweeting general quits X
3 hours -
Daily Insight for CEOs: Building resilient supply chains in Ghana’s evolving market
3 hours -
Karpowership Ghana renovates St Mark Anglican School in Essikado
4 hours