GNCCI leads trade mission to Korea
The Ghana National Chamber of Commerce and Industry (GNCCI) is leading a 20-member delegation to Korea to woo investors into the country.
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The trade mission to Korea is in line with the GNCCI’s objective of strengthening mutual trade relations and identifying related strategic priorities that exist between the two countries.
The trade mission, which is the first of its kind, is expected to start from September 30, 2016 to October,10 the same year.
The leader of the delegation, Mr Stephane Abbas Miezan, who is also the Chairman of Western Regional GNCCI, said the chamber was optimistic the trade mission would meet its objective.
He said the mission would provide opportunities, including business to business meetings, to allow participating companies promote trade and investment activities in areas such as food and beverage, machine and equipment, information technology and electronics, automobile and general merchants.
He said the mission, which would be embarked on together with the Free Zones Board and the Ghana Investment Promotion Centre, was to create a formal relationship for the corporation of the Chamber of Commerce in both countries.
This would create an avenue for the sharing of ideas, expertise and experience, as well as collaborate in the discovery and tapping into various opportunities in both countries.
“This formal relationship, when established, will focus on assisting businesses from both countries to find alternative markets for their products, organise business delegation, facilitate the introduction of new products, and explore future and mutually agreeable markets outside the region,” he said.
Changing the status quo
He opined that members of the chamber would not only concentrate on buying finished products but rather look for the opportunity to create joint ventureship which would lead to the establishment of factories and businesses in the country to serve the entire African market.
“The mission would in the long run lead to the creation of employment opportunities for the youth and the expansion of businesses in Ghana,” he added.
He expressed the hope that the trade mission would set the path for deepening and establishing a more strategic trade partnership between the countries towards achieving economic and social benefits and improving the living standards of the people.
According to him, over the years the chamber has embarked on trade missions to numerous countries, including the US, UK, Germany, The Netherlands, France, India, Iran, Australia, Nigeria, Mali, Burkina Faso and Poland.
Some activities lined up for the mission in Korea include business to business meetings, company and factory visitations, participating in buyer-seller meetings and travel to the Gwangju Metropolitan City.