Ghana Won't Abandon Trade Liberalization - Abodakpi

Accra (GAR), June 25, - Ghana will not move away from its liberalisation policy and revert to trade restrictions but will actively support the productive sector. "Government, therefore, will put in place policies and programmes for the success of the country's Vision 2020 which will put us at a middle level income bracket and facilitate the growth of the productive sector," said Mr Dan Abodakpi, Deputy Minister of Trade and Industry, in Accra. Opening the first national marketing convention today, Mr Abodakpi said under Vision 2020, Ghana could improve the living standards of her people, improve the national infrastructure as well as exports from 1.5 billion dollars to over 16 billion dollars. Ghana is classified as a high cost location in attracting foreign direct investments because of its level of inflation, interest rates and low national savings. "We need to take a critical look at all these factors and others such as electricity, water, telecommunication and even land acquisition," the minister told the over 60 participants who were mainly drawn from the private sector. The convention on the theme "Marketing Ghana's Vision 2020" aims to provide a forum for the participants to discuss the role of marketing in Ghana's development efforts.