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May 21st , 2024

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GEPA CEO URGES TRADE PROMOTION ORGANIZATIONS TO DEAL WITH DEVASTATING CAUSE OF COVID PANDEMIC

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GEPA CEO urges Trade Promotion Organizations To Deal With Devastating Cause Of Covid Pandemic

 

Dr. Afua Asabea Asare, the Chief Executive Officer of the Ghana Export Promotion Authority, has asked Trade Promotion Organizations in West Africa to manage the destruction brought about by the Covid-19 pandemic and the conflict in Ukraine.

 

She said the ongoing openness of the sub-districts economies to the impulses of the outside climate should act as a defining moment in the exchanging elements of the sub-locale and changes in the existences of individuals.

 

"We don't have the advantage of the time to sit tight for the ongoing covering worldwide emergency of war and COVID and the orderly disequilibrium to cool off before we make a move," Dr. Asare said.

 

"Besides, we don't have a definitive handle or the capacity to conjecture with sureness when the ongoing headwinds will ease for economies, ventures, and individual organizations to be at their useful limits," she added.

 

Dr. Asare was tending to the initial meeting of the subsequent yearly regular gathering of the ECOWAS Trade Promotion Organization Network in Accra.

 

She said associations ought to be fortified in their purpose to manage the hardships like the predictable climbs in costs, taking off joblessness, deficiency of fundamental items, and store network interruptions by expanding exchange streams among part nations.

 

Dr. Asare said the Network ought to be a stage on which business organizations and collaborations are made and sent and promised GEPA's status to help the effective execution of exercises.

 

She approached individuals to embrace digitalization as one of the resources to help exchange across the globe and referred to GEPA's Impact Hub to act as an illustration of actual IT space that offers different help projects to exporters.

 

States and other applicable bodies should be prepared to help TPOs in the locale to indict provincial programs, she added.

 

As far as it matters for him, the President of the Ecowas Trade Promotion Organization Network, Dr. Ezra Yakusak, said the two-day AGM gave him a remarkable chance to seek after the objective of the financial mix.

 

He, subsequently, encouraged individuals to zero in on how the organization could assume a crucial part in electrifying individuals to investigate and profit from the African Continental Free Trade Agreement through different instrumentalities of exchange.

 

"We can't now be overpowered by difficulties. We should make peace and work as a family that we are to bring about some benefit for our kin," he said.

 

"The district ought to shape an imposing power to exploit this biggest single African market with more than $500 billion in exchange," Dr. Yakusak added.

 

Mr. Kolawole Sofola, Acting Director Trade Directorate Ecowas Commission, Trade Promotion Organizations were basic to the recuperation cycle expected by MSMEs to revamp greater and to remake better.

 

He said the ongoing tough spot, be that as it may, ought to be utilized as a chance to change conventional working models to improve, face challenges, and drive development for maintainability and green development.

 

Ms. Pamela Coke-Hamilton, the Executive Director International Trade Center, complimented the organization for its responsibility and the European Union for its monetary help for the West Africa Competitiveness program.

 

She said the ECOWAS TPO network was vital for assembling a more grounded territorial economy, which will give a springboard to effective support in the African mainland streamlined commerce region.

 

"There's no denying that the confidential area stays the essential motor for development in each economy. Therefore the job of the ECOWAS TPO network in enhancing the voice of organizations across West Africa can't be put into words," she said.

 

She said the progress of the program should be established on the help made accessible to SMEs through the improvement of creative items and instruments focused on supporting SME seriousness, working with market access, and further developing the business climate fundamental for the confidential area to flourish.

 

Mr. Tim Dolan, Team Leader, Trade and Macroeconomics, Delegation of the European Union recognized the responsibility of the ECOWAS Commission and the exchange advancement network individuals and the International Trade Center for executing significant parts of the West African intensity program.

 

The European Union subsidized West Africa seriousness program expects to help a few chose esteem chains at public and provincial levels to advance primary change and better admittance to local and worldwide business sectors while considering social and natural worries.

 

Throughout the previous four years, the program has been making progress toward its general objective of further developing execution, development, and commitment to the business, working on local exchange and commodities of chosen esteem chains, and further developing the business environment and public and provincial wellbeing.

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