CWEIC pledges to boost trade between Ghanaian businesses and international partners
CWEIC intends to support businesses in Ghana and hopes Ghanaian local businesses will take advantage of the huge opportunity
The Commonwealth Enterprise and Investment Council (CWEIC), has pledged to boost trade and investment between Ghanaian businesses and their international counterparts.
The Council said it has put plans in place to bring an international audience of businesses into the country to look at available opportunities for mutual development.
Addressing a press conference in Accra after a two-day working visit to Ghana, Rosie Glazebrook, Chief Executive Officer of the Commonwealth Enterprise and Investment Council said the organisation intends to support businesses in Ghana and hopes Ghanaian local businesses will take advantage of the huge opportunity that has been presented.
The CWEIC, which is the business arm of the Commonwealth, is an organisation of over 2.4 billion people across 56 countries with a combined Gross Domestic Product of nearly $15 trillion and a combined wealth of over $50 trillion.
Among other things, its objective is to promote trade and investment across the various countries.
Ms Glazebrook indicated that the organisation worked across the 56 countries of the Commonwealth and that it was an independent network of nations where there were huge opportunities to share expertise, trade and investment opportunities.
“We have 12 hubs across the globe, including one here in Ghana. We recently opened one in Cameroun and we also have hubs in Nigeria and Kenya which covers East and Central Africa among the 12 which range from Australia to the Caribbean.
“Africa is a hugely important market for our organisation because we really want to support businesses and work in collaboration with partners such as the Africa Continental Free Trade Area as well as with others,” she said.
In addition, Ms Glazebrook said the organisation also worked with government partners and looked forward to building its partnership with the government of Ghana as had been done with the government of Cameroun, Sri Lanka and Bangladesh, among others.
Ms Glazebrook said on November 27 and 28, this year, the Commonwealth Trade and Investment Summit would be held in London and that she looked forward to a strong Ghanaian delegation from businesses which could be part of an international gathering that would include two prime ministers that had confirmed their participation.
Again, she said there would be the Commonwealth Trade and Investment Forum in Malta on February 5 and 6, 2024 and “again we expect another opportunity from Ghanaian businesses that are looking at access into Europe and how we can support that.”
The Chairman of the Ghana Office of the CWEIC, Gabby Otchere-Darko said the Ghana Hub of the CWEIC was proud to be part of the organisation.
The Head of Mission for the Commonwealth Enterprise and Investment Council and CEO of eTranzact Ghana, John Obeng Apea said the organisation is committed to supporting Ghanaian businesses to thrive.
