Management of the Ghana Export – Import Bank (GEXIM) have announced a strategic collaboration with some diplomatic missions to promote and create a market for Made-In-Ghana products internationally following a successful engagement with the High Commission of Bahamas in Ghana, and the High Commission of Ghana in Malta.
The strategic collaboration was made known when a team from the High Commission of Bahamas in Ghana led by the High Commissioner, Andrew Wilson and Ghana’s High Commissioner to Malta, Barbara Akuorkor Benisa participated in the “Freedom Tuesday Market” hosted by the Bank on Tuesday March 5, 2024 in Accra.
“Freedom Tuesday Market”, held at the forecourt of Africa Trade House was a special edition of the bank’s popular Small and Medium Enterprises (SME) Fair to commemorate Ghana’s 67th independence anniversary celebration under the theme “Our Democracy, Our Pride”.
Speaking to the media, Andrew Wilson expressed his appreciation to the management of GEXIM for the strategic collaboration with the High Commission of Barbados in Ghana.
“This is very important to us because it will go a long way to deepen the bilateral relations between the two countries as well as provide the opportunity for Ghana to increase its international trade by exporting into the Caribbeanregion. This is going to be a great win for both countries and we are committed to making it happen”, he added.
On her part, Barbara Akuorkor Benisahig hlighted the tourist potential of Malta and underscored the need for the High Commission in Malta to leverage on that.
She stated that “Malta receives about three million tourists annually and these are people coming to holiday and with the spending power. There will be a lot of gains for us if we promote and sell our products in such a market with the possibility of getting them into the wider European market”.
The Deputy Chief Executive Office of GEXIM, Rosemary Beryl Archer affirmed the bank’s commitment to facilitate the transformation of Ghana’s economy into an export-led one by supporting and developing trade between Ghana and other countries, and overseas investments by Ghanaian Companies.
She added that “the bank has over the years been working with all the relevant and key stakeholders to eliminate critical market failures in the Ghanaian economy thereby making Ghana competitive in the global marketplace. The partnership with the foreign missions is very important in achieving our goal to reposition the Ghanaian economy and we are happy to see it through. By the end of the third quarter, we should have some presence and Made-In-Ghana products in the two countries”
The bank with the assistance of the High Commission of Bahamas in Ghana will create a hub for Made-In-Ghana products in Bahamas to be extensively promoted within the Caribbean. The Ghana High Commission in Malta will work with the Bank to create market access for Ghanaian products in Malta and across Europe.
Latest Stories
-
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
4 minutes -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
6 minutes -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
8 minutes -
Ban on smoking in public: FDA engages food service establishments on compliance
9 minutes -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
11 minutes -
GEPA commits to building robust systems that empower MSMEs
13 minutes -
Twifo Atti-Morkwa poultry farmers in distress due to high cost of feed
15 minutes -
Central Region PURC assures residents of constant water, power supply during yuletide
17 minutes -
Election victory not licence to misbehave – Police to youth
18 minutes -
GPL 2024/2025: Nations thrash struggling Legon Cities
21 minutes -
Electoral offences have no expiry date, accountability is inevitable – Fifi Kwetey
21 minutes -
Ghanaians to enjoy reliable electricity this Christmas – ECG promises
28 minutes -
Police deny reports of election-related violence in Nsawam Adoagyiri
32 minutes -
‘We’re not brothers; we’ll show you where power lies’ – Dafeamekpor to Afenyo-Markin
36 minutes -
EPA says lead-based paints are dangerous to health, calls for safer alternatives
2 hours