GRi Business, Economics & Finance 02 – 10 - 2002

 

 

Enhanced trade data for export promotion

 

Kumasi (Ashanti Region) 02 October 2002- Mr Kwaku Adu-Mensah, General Manager of the Ghana Export Promotion Council (GEPC), has said the government's recognition of the need to transform trade data processes for GEPC to enable it to establish Ghana's Trade Information System was laudable.

 

He said this would enable the GEPC to collect and disseminate trade information at the national level and inform producers, intermediary distributors and end-users.

 

Mr Adu-Mensah was speaking at the opening of a five-day export trade training programme for exporters, importers and other stakeholders in the export trade in Kumasi on Monday.

 

The programme, the first to be organized, by the GEPC in collaboration with the Ashanti Regional Coordinating Council (RCC) was aimed at creating capacity for an advanced export marketing management for personnel of export companies and export facilitating institutions.

 

He noted that the export training capacity in the country had remained largely at the foundation level. However, the present world trade concept requires rapid transmission of trade data to enable business managers take advantage of market opportunities.

 

Mr Adu-Mensah said Ghanaian exporters required up to date trade data to enable them to formulate effective marketing strategies adding that export enterprises also needed to be trained in effective utilization of trade information in business.

 

He said a number of entrepreneurs were seeking foreign partners and would need training in subjects related to export-oriented joint ventures.

 

There are also important human resource development needs among organisations offering support services to exporters, Mr Adu-Mensah said, and named some of them as the export Finance Company, the Ghana Standard Board (GSB) Custom, Excise and Preventive Service (CEPS) the Ghana Trade Fair Company.

 

These organisations, he said, were required to meet the increasing demands from exporters including specialized training of their own staff.

 

According to him the over all objective is to upgrade the trade information services of GEPC and link it to the Association of Ghana Industries (AGI), Ghana National Chamber of Commerce and Industry, the Ministry of Trade and Industry and the Federation of Association of Ghanaian Exporters.

 

Mr Adu-Mensah said within the next few months GEPC's actions will create various opportunities for the expansion of the supply bases and markets within the sub-region.

 

Mrs Rose Owusu-Ansah, Chief Economic Planning Officer, at the Ashanti Regional Coordinating Council, noted that the seminar was relevant to the country's contemporary situation because in recent times, the issue of human resource development had featured prominently on the agenda of exports.

 

Ghana has, for instance, established a ministerial portfolio to oversee the realisation of the objective of promoting trade and investment among West African States. She said without sustainable human resource capacity building, efforts at expanding market and ensuring the objectives of macro-economic policies would be fruitless.

GRi…/

 

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