Ghana’s AGOA strategy aims to boost jobs, private sector growth

 

U.S. Ambassador to Ghana Robert P. Jackson joined officials from the Ministry of Trade and Industry at a validation workshop on Ghana’s African Growth and Opportunity Act (AGOA) Strategy.

The meeting brought producers, processors and exporters together with customs and government officials to discuss the implementation of Ghana’s AGOA Strategy, which aims to helps Ghanaian companies take advantage of AGOA, a trade preference provided by the U.S. government to African countries allowing duty-free access to certain goods.

Ghana began developing the AGOA Strategy last year, following the renewal of AGOA for a 10-year period (2015 to 2025) by the U.S. Congress. The strategy builds on Ghana’s National Export Strategy, which seeks to double the country’s non-traditional export earnings to $5 billion per year.

The AGOA Strategy aims to enable Ghana to make maximum use of opportunities under AGOA, with an emphasis on intensifying export development and diversification, a key initiative of the Government of Ghana’s 10-point Integrated Industrial Transformation Agenda. It identifies Ghanaian industries with the greatest potential to benefit from AGOA. These industries include apparel, fisheries, horticulture, tropical fruits, specialty vegetables, root crops, vegetable fats (palm oil and shea butter), cocoa, handicrafts, and jewelry.

Successful implementation of the strategy will require collaboration between the Ministry of Trade and Industry and its agencies, notably the Ghana Export Promotion Authority, the Free Zones Board and Ghana Standards Authority. Collaboration is also required with the Customs Division of the Ghana Revenue Authority under the Ministry of Finance; Food and Drugs Authority; and the Plant Protection and Regulatory Services Directorate of the Ministry of Food and Agriculture. The Ghana Investment Promotion Centre will play a key role in attracting foreign direct investment and implementing the strategy.

“I sincerely hope that after this validation event, companies will do more to take advantage of AGOA, and that the Government of Ghana will set forth additional policies that will enable the private sector to flourish,” said Ambassador Jackson at the event. “The United States is ready to work together with you to create an enabling business environment — one that will build upon Ghana’s stable economic and political foundation, and create jobs for citizens of both our countries.”

USAID works with the Ghanaian government and private sector to target key barriers to trade and investment and promote regional integration and trade competitiveness. It seeks to increase intra-regional African trade and exports to the United States and reduce the time it takes to import or export from ports to land-locked interiors on the continent.

The Chief Executive Officer of Oheneba Kasempa Enterprise, Mr. Alex Tenkorang, whose company produces the Original Abensuo Drink, has been adjudged the eye care philanthropist of the year 2017 for his enormous contribution to issues of health and eye care in particular.

The maiden award was presented to him by Kog Kriationz Network, an Accra based non-Governmental Organization whose aim is to eliminate avoidable blindness in Ghana at a ceremony at Sefwi Wiaso in the Western Region.

With the few eye care professionals taking care of the eye needs of the over 28 million Ghanaians, Kog Kriationz Network is happy to celebrate the good work of some few professionals, Partners and Donors of eye care delivery in Ghana annually of which Mr. Alex Tenkorang is major stakeholder, hence the need recognize his immense contribution towards saving the sight of a great number vulnerable people in society.

Presenting the award, the chief executive officer of Kog Kriationz Network, Mr. Eric Owusu Gyimah, commended the for the passion he has for the less privileged especially with issues regarding the sight.

He lamented that even though this happens to be the maiden eye care GH awards, his NGO will continue to recognize and honor Eye Care Professionals, Partners and Donors annually.

Mr. Tenkorang expressed his gratitude to Kog Kriationz Network for the recognition and pledged his fullest support for their project to ensure that avoidable blindness is eliminated.

Meanwhile, awards in various categories were given to some individuals and organizations that have helped in diverse ways especially with regards to eye health delivery.

These include Dr. James Addy, the head of eye care unit of the Ghana Health Service, Dr. Seth Wanye, the Northern Regional ophthalmologist of the Ghana Health Service, Mrs. Bernice Amoah Danso an ophthalmic nurse of the Nyinahin Government Hospital, Eye Foundation of America, the Western Regional Minister, Dr. Kwaku Afriyie and Sefwi Manhene, Katakyie Kwasi Bumagama II.

 

 

Source: Therepublicnewsonline.com

The Republic News Online

Leave a Reply

Your email address will not be published. Required fields are marked *