K T Hammond: Let us strengthen our bonds of cooperation for the benefit of Ghanaian MSMEs

The Trade and Industry Minister, K T Hammond was speaking during an official visit to Geneva, Switzerland

The Minister of Trade and Industry, K T Hammond, has called for the strengthening of the bonds of cooperation between the International Trade Centre (ITC) and the government of Ghana.

During an official visit to Geneva, Hammond praised the strengthened partnership between Ghana, represented by the Ministry of Trade and Industry, and the ITC.

He highlighted the positive impact of this collaboration, particularly on Ghanaian Micro, Small, and Medium Enterprises (MSMEs), who have benefited from capacity building projects under the ITC’s “SheTrades” initiative, implemented by the Ghana Export Promotion Authority (GEPA).

In discussions with Pamela Coke-Hamilton, the executive director of the ITC, Hammond emphasised the government’s commitment to projects advancing women in trade and industry. He called for further cooperation between the ITC and the Government of Ghana to provide more opportunities for women-owned and women-led businesses.

Hammond also expressed interest in broadening ITC’s engagement with the Ghana Enterprises Agency (GEA), focusing on MSMEs.

He highlighted President Nana Addo Dankwa Akufo-Addo’s initiatives like the 1D1F programme and the establishment of Industrial Parks as part of efforts to boost Ghana’s industrial base.

For her part, Coke-Hamilton underscored the importance of providing targeted support to MSMEs with a view to ensuring that they grow their capacity to take advantage of global value chains. Accordingly, she assured of the ITCs continued support to Ghana and proposed the prioritisation of the concerns of MSMEs at the multilateral level.

Hammond is set to meet the secretary general of the United Nations Conference on Trade and Development (UNCTAD) to advance Ghana’s interests in multilateral trade policy and rule-making.

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