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Business News of Friday, 16 November 2018

Source: Zainabu Issah

Turkish trade delegation to visit Ghana

Trade Minister Alan Kyeremateng in a meeting with a delegation in Turkey Trade Minister Alan Kyeremateng in a meeting with a delegation in Turkey

Following renewed Turkish-Ghanaian commitments to boost bilateral trade, a Turkish electronics and electrical goods trade mission will arrive in Ghana in November for meetings with local buyers and distributors.

Organized by the Turkish Electrical and Electronics Exporters’ Association (TET), the trade mission will showcase advanced Turkish white goods, electronics, all types of cables, lighting and security equipment, electrical production and distribution equipment. Turkey’s fast-growing electronics, white goods and electrical components sector exports over $10 billion in goods to a global market annually. TET, founded in 1991, is a semi-governmental agency which promotes trade activities of its members.

TET works with over 6,000-member companies in order to improve trade volume and cooperation opportunities of electrical electronics and ICT industries between Turkey and the world. The delegation is made up of eleven (11) Turkish Manufacturing companies and during the Trade mission to Ghana, the delegation will hold B2B Matchmaking event with their counterpart Ghanaian businesses and meet key sectoral bodies and company visits. The B2B Matchmaking event with Ghanaian businesses (importers and distributors within the Energy sector) is scheduled on 28th November 2018 in Accra.

Relations between Ghana and Turkey reached its climax when the President of Turkey, H.E. Abdullah Gul, led 150-man business delegation in 2016 to Ghana to hold a business seminar and B2B meeting for the private sector.

Ghana and Turkey on during this visit signed five agreements in the areas of Bilateral Air Services, Health and Medical Sciences, Military Training and Science, Mutual Abolition of Visas for Holders of Diplomatic Passports and Memorandum of Understanding for the Establishment of Consultations on Political Mechanism.

The opening of Turkish Embassy in Accra – Ghana and subsequently the Turkish Airlines commencing operations in Ghana in 2010, which now flies 7 times a week have all led to increased trade and investment between the two countries.