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Business News of Sunday, 20 April 2008

Source: GNA

GIPC and Brazilian Investment Agency sign agreement

Accra, April 20, GNA - The Ghana Investment Promotion Centre (GIPC) has entered into an agreement with the Brazilian Trade and Investment Promotion Agency to mutually share information on investment. The agreement signed with Apex-Brasil in Accra, on the sidelines of the World Investment Forum, is aimed at promoting and enhancing a mutual exchange of information on investment environment, policies, and investment regulations and procedures.

The two parties also undertook to establish key priority industrial sectors for a balanced attraction of investment to each other and to also identify targeted investors from each other's country through the exchange of companies information and contacts for subsequent follow-ups.

The agreement would also ensure the promotion of joint organisation of investment seminars, forums, fairs and convergences for the dissemination of information on economic and investment issues. Mr. Robert Ahomka-Lindsay, Chief Executive Officer of the GIPC signed on behalf of the Centre, while Mr Alessandro Teixeira, President of Apex-Brasil initialled for his Agency. The agreement enters into force with the signing and would remain in force for two years after which it will automatically expire.