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23.09.2016 Business & Finance

Chamber of Commerce to hold trade mission to Korea

By GNA
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By Hafsa Obeng, GNA
Accra, Sept. 23, GNA - The Ghana National Chamber of Commerce (GNCC) is to hold a trade mission to Korea in line with its objective of strengthening mutual trade relations and identifying related strategic priorities that exist between both countries.

The trade mission, which is the first of its kind, is expected to start from September 30 - October, 10.

Mr Stephane Abass Miezan, Chairman GNCC, Western Region said the mission would provide opportunities including business to business meetings to allow participating companies promote trade and investment activities in areas of food and beverage, machine and equipment, IT 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, is 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 as well as explore future and mutually agreeable markets outside the region,' he said.

Mr Miezan, who is also the leader of the business delegation to Korea noted that members of the Chamber would not only concentrate on buying finished products but rather look for the opportunity to create joint ventureship, that would lead to the establishment of factories and businesses in Ghana to serve the West African Sub- Region and the entire African market.

He said: '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 expressed the hope that the trade mission would set the path for deepening and establishing a more strategic trade partnership between both countries towards achieving economic and social benefits and improving the living standards of the people.

Some activities lined for the mission in Korea include, business to business meetings, company and factory visitations, participating in buyer-seller meetings, and travel to Gwangju Metropolitan City.

GNA

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