By Mavis Paintsil, Accra
The Chief Executive Officer of the Ghana Free Zones Authority (GFZA), Dr Mary Awusi, has urged Ghanaian businesses, particularly exporters, to fully leverage China’s recent trade policy adjustments to increase their exports to the world’s second-largest economy.
The passage of the Act would strategically drive investment and reinforce the Authority the Authority’s position as a leading investment Promotion agency on the continent.
The event, organised by the Trade Development Bureau of the Ministry of Commerce of the People’s Republic of China, with support from the Hunan GBA Economic and Trade Exchange Promotion Association and the Sand-Stone Association, was designed to foster trade exchange, business matchmaking, and market expansion for entrepreneurs from both China and Africa.
This move extends duty-free and quota-free market access not only to least developed countries (LDCs) but also to middle-income countries, thereby levelling the playing field.
The initiative forms part of China’s broader strategy to address the long-standing trade imbalance with Africa, where Chinese exports have historically exceeded imports from the continent.
The Deputy Director-General of the Department of Commerce of Hunan Province, Mr Deng Weiping, explained that China’s new trade policy permitted duty-free imports from selected countries, including Ghana.
Speaking to the media on the sidelines of the 4th China-Africa Economic and Trade Expo — a high-level Quality Foreign Trade Matchmaking Side Event helg. Okd in Changsha, China, Dr Awusi said GFZA was regady to assist companies operating under the Free Zones programme to expand and scale up production in order to take full advantage of the opportunity presented by one of Ghana’s key trade partners.
The event, organised by the Trade Development Bureau of the Ministry of Commerce of the People’s Republic of China, with support from the Hunan GBA Economic and Trade Exchange Promotion Association and the Sand-Stone Association, was designed to foster trade exchange, business matchmaking, and market expansion for entrepreneurs from both China and Africa.
The policy presents a unique opportunity for Ghanaian exporters to access the vast Chinese market without the burden of import tarrifs.
ghanaianannouncer
send invite to aba.mavis@gmail.com, or call 0505913033, 0207697495
advert, sponsorship, partnership,church activities, graduation, ceremony, wedding, birthday, send invite to 0505913033,0207697495
