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Business News of Tuesday, 27 November 2012

Source: Daily Guide

GNCCI Connects With Hong Kong

THE GHANA Chamber of Commerce and Industry (GCCI) has launched its network with the Hong Kong Trade Development Council aimed at strengthening economic and trade relationship between the two countries.

The president of GCCI, Seth Adjei Baah, noted that Ghana’s exports to Hong Kong had over the years not been encouraging as Ghana’s export to Hong Kong in 2011 was just US$2,543,000 as against imports of US$77,714,000.

He noted that it was time for Ghanaians particularly entrepreneurs to show interest in international trading.

According to Mr Baah, the network would offer the participants the exquisite platform to discuss issues of mutual benefits to individual businesses and the two economies.

He called on business operators in Ghana to take advantage of the partnership to establish contacts with the over 25 business delegations from consumer goods and products sectors of Hong Kong.

“For some years now, Ghana has become the preferred investment destination in Africa stressing that through the implementation of prudent policies and programmes Ghana has significantly transformed its economic landscape and has created the necessary enabling environment for the private sector to operate efficiently, effectively and profitably.”

The president of GCCI stressed that investments in Ghana were yielding attractive returns and added that the strengthening of Ghana-Hong Kong economic and trade relationship would benefit business operators of the two countries.

The president of Association of Ghana Industries (AGI), Nana Owusu-Afari, in a speech read on his behalf, called on Ghanaian business operators to register with AGI to establish contacts with their foreign counterparts.

He noted that it was important for business operators to acquire basic knowledge on international businesses to keep their businesses growing.

Mr. Raymond Yip, Assistant Executive Director of Hong Kong Trade Development Council (HKTDC), on his part, called on Ghanaians to take advantage of the opportunities available for business operators in Hong Kong.

He stressed that since Hong Kong was the third largest country trading in jewelry, and the citizens were interested in consuming chocolate, Ghanaians should find ways to export Chocolate, Gold and Diamond to Hong Kong.

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