Ghana to generate US$10 billion from Non-Traditional Exports- Ghana Export Promotion Authority (GEPA)
Ghana
is set to generate US$10 billion from Non-Traditional Exports (NTEs) in the
next four years. Madam Gifty Klenam, the Chief Executive Officer of the Ghana
Export Promotion Authority (GEPA), disclosed on Wednesday. To achieve the
target, she said, the Authority was developing and promoting exports
vigorously, by identifying additional products with significant export
potentials in the various districts in the country.
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Ms. Gifty Klenam |
The Export and Import Act, 1995 (Act 503)
defines Non-Traditional Exports (NTEs) to include all export products with the
exception of cocoa beans, lumber and logs, unprocessed gold and other minerals,
and electricity. Madam Klenam said this in a speech read on her behalf, at a
meeting on the implementation of the National Export Strategy, vis-à-vis the
One - District-One-Exportable-Product in Sunyani.
It
was organized by GEPA and attended by District Chief Executives, Coordinating
Directors and other stakeholders in the export sector and aimed at identifying
new export products in the various districts of the Brong-Ahafo Region. The
National Export Strategy was launched in 2013 for implementation after
extensive consultation and its key tenets advocate the identification,
development, and promotion of at least one exportable product per district.
Madam
Klenam indicated that the nation had all it takes to be the export hub of the
sub-region, and underlined the need for stakeholders in the sector to help tap
export products to transform the fortunes of the country. She said currently
GEPA was undergoing certain structural and fundamental realignment to be able
to handle new responsibilities adding that very soon regional offices would be
established for the full implementation of the one-district-one-export-product.
“This programme would compliment as well as feed the implementation of the
government’s overarching policy initiative of the One-District-OneFactory
industrialization concept”, she explained.
Madam
Klenam observed that Brong-Ahafo was vast and endowed with immense potentials
for agribusiness, services and related export value chains. “The region has
been touted as the food basket of the country and the onus lay on us to
translate this positive accolade into meaningful exports”, she told the
participants.
Source:
GNA by Dennis Peprah.
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