Jul 2013

As part of efforts to increase the exportation of products, government will review the Export Development and Agricultural Investment Fund (EDAIF) to expand the Fund’s credit facilities to exporters and export facilitating institutions.

The Minister for Trade and Industry, Hon. Haruna Iddrisu, who made this known at the 74th National Exporters Forum and launch of the 2012 Non-Traditional Export Statistics in Accra, yesterday, said    expanding credit facilities to exporters and export facilitating institutions would help them carry out their activities in order to achieve appreciable increases in earnings on their exports.

The National Exporters Forum, established in 1987, serves as a platform for finding immediate solutions to challenges exporters face in their businesses and also to inform and educate exporters on new programmes and policies related to export.

Mr Iddrisu urged all exporters to pay the relevant levies, seek the appropriate permits and comply with all directives before embarking on any export activity.

“This is a requirement that must be complied with in order to avoid any embarrassment and prevent any future problems”, Mr Iddriusu stated.

In his remarks, the Acting Chief Executive Officer of Ghana Export Promotion Authority (GEPA), Mr Gideon Quarcoo, disclosed that in 2012, GEPA supported over 440 exporters to participate in various Trade Fairs and Exhibitions in Europe and the West African sub-region under the Tradecom project.

Mr Quarcoo added that human resource development activities had also been embarked upon in order to improve the services and activities of exporters and trade-related organisations.

These activities, he said, included enhancing the capacities of 50 Agriculture Extension Officers in Ejura-Sekyere Dumase in the Ashanti Region as well as the training of 400 exporters and other stakeholders in export marketing fundamentals.

“GEPA will work closely with all stakeholders in order to ensure that Non-Traditional Exports play a dominant role in the economic development of the country by significantly bridging our balance of trade gap and creating jobs and wealth for the operators in the sector”, Mr. Quarcoo said.

He, therefore, enjoined all stakeholders to play their respective roles in the value chain, particularly in the area of standards and quality requirements, thereby becoming more competitive on the market.

Source: ISD (Michelle F. Agbenorto)