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  • GNCCI ORIENTS GHANAIAN BUSINESSES ON US TRADE LAWS TO MAXIMIZE AGOA BENEFITS

GNCCI ORIENTS GHANAIAN BUSINESSES ON US TRADE LAWS TO MAXIMIZE AGOA BENEFITS

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The Ghana National Chamber of Commerce and Industry (GNCCI)

has led a Ghanaian business delegation to participate in the AGOA Expo & Trade Fair 2019 in New York. The event organised by Bizness Group LLC is meant to provide a cultural and business platform to celebrate US-African cooperation, strengthen bilateral trade relations, and promote AGOA key export products and investment.

The opening ceremony was held on Friday, 6th December, 2019 at 25 Broadway, New York under the chairmanship of the President of GNCCI, Nana Dr. Appiagyei Dankawoso I. The welcoming address was delivered by Severin Coulibaly, CEO of Bizness Group LLC. 

In his remarks, Nana Dr. Dankawoso I expressed the Chamber’s endorsement for initiatives that promote and protect commercial and industrial interests. He noted that the event is meant to provide opportunity for American companies to explore sourcing opportunities in Africa, expand their business or introduce new products, services in AGOA eligible countries with direct access to authorities and business leaders for new partnerships and joint ventures.


Nana Dankawoso I highlighted that aggregate exports to the United States of America by AGOA beneficiaries (AGOA plus non-AGOA goods) have increased from $21 billion in 2000 reaching its peak at $82.2 billion in 2008 with declining exports in subsequent years ending 2018 at US$23.44 billion. He emphasized that the 10-year renewal following the expiration of the initial 15 years period presents an opportunity for eligible sub-Saharan African countries including Ghana to increase their exports to the United States of America. 

Major contributing countries to AGOA include South Africa, Nigeria, Angola, La Côte d’Ivoire, Madagascar, Ghana, and Kenya with major non-oil export products being agricultural, minerals and metals. Out of the total export products from AGOA countries, over 90% of textiles and apparel, footwear, and transportation equipment utilizes AGOA.

Nana Dankawoso I advocated the need to build synergies for the growth and prosperity of our respective economies. He was hopeful that the event will further strengthen the strategic trade partnership between the United States of America and Africa including Ghana.

Two presentations were delivered on: funding opportunities by the US EximBank; and US FDA Rules and Regulations. In his presentation, Richard Roy (Regional Director, Eastern Region Export-Import Bank of the United States), noted that the US government is very engaged with Ghana and other African countries for the financing of machinery especially as most of them are pursuing the path of industrialisation. He underscored that the Bank provides loan guarantee to eliminate fear of financing, credit insurance (for both supplier and buyer), and direct loans (for purchase of equipment for production of goods). He further pointed that the Bank in interested in financing of equipment for the production of goods in AGOA eligible countries.


 

The second presentation was delivered by Dr. Dilcia Granville (CEO, Dip & See, and Former Senior Public Affairs Specialists, US Food & Drugs Administration). She emphasized that anything that is eaten or worn on the body is regulated by the US FDA. “Safe food has no border and this is a good manufacturing practice”, as explained by Dr. Granville. Based on her 30 years of experience with the US FDA, she underscored labelling as the biggest problem (53%) faced by the US FDA. She bemoaned “the huge disconnect between quality and labelling which has seen many products from Ghana restricted to the USA alone”.

 

She advocated for standardization of imports and encouraged the Ghanaian business delegation to be mindful of their package as this was a major concern to the US consumer. “Many countries do not have laws like the FDA to make sure products are well labelled. We check little things as the bacteria, calorie content. We are working with different countries to see if food regulations are compatible with the US. When they are compatible, we then sign MoUs with them. That’s why it’s best to work with the Chamber of Commerce in Ghana for example,” she explained.

 

Dr. Granville informed that it takes 20 seconds on the average for a US consumer to decide on a product based on the packaging and labelling. She also emphasized that any product to be sold in the US needs to have an agent based in the US to provide any information on the product when required by state authorities. In addition to the US FDA, there is the Alcohol Tobacco and Firearm which regulates non-FDA regulated products. 

 

She further informed participants of the Foreign Supplier Verification Programme (FSVP), which is a programme that “importers must have in place to verify that their foreign suppliers are producing food in a manner that meets U.S. safety regulations, and to ensure that the supplier’s food is not adulterated or misbranded”. Participants’ products were used a case study to address issues of packaging and labelling.

 

In his closing remarks, Nana Dr. Appiagyei I expressed his sincere appreciation to Dr. Granville for the depth of knowledge shared with participants on the US food and drugs industry. He encouraged participants to apply the knowledge to improve their product acceptability. The meeting ended with a picture session after which participants were showed their allotted room for exhibition on Saturday, 7th and Sunday, 8th December, 2019. 

   

Profile of the GNCCI Business Delegation

1.

Name:

Nana Dr. Appiagyei Dankawoso I

 

Institution & Position:

Ghana National Chamber of Commerce & Industry (GNCCI), President

 

Profile of Institution:

GNCCI is the representative organ of the business community in Ghana with legislative mandate (LI 611, Act 232) to promote and protect commercial and industrial interest in the country.

 

Role:

Leader of Ghanaian Business Delegation

 

Area(s) of Interest:

Business Advocacy, Trade Facilitation, Business Promotion, Export Development, Trade Fairs & Investment Mission, B2B Networking, Policy Dialogues, Capacity Building, & Policy Dialogue

 

 

 

2.

Name:

Frederick Adu Amoako

 

Institution & Position:

GNCCI, Chief Operations Officer

 

Profile of Institution:

GNCCI is the representative organ of the business community in Ghana with legislative mandate (LI 611, Act 232) to promote and protect commercial and industrial interest in the country.

 

Area(s) of Interest:

Business Advocacy, Trade Facilitation, Business Promotion, Export Development, Trade Fairs & Investment Mission, B2B Networking, Policy Dialogues, Capacity Building, & Policy Dialogue

 

 

 

3.

Name:

Julius Bradford Lamptey

 

Institution & Position:

GNCCI, Head of Research & Advocacy

 

Profile of Institution:

GNCCI is the representative organ of the business community in Ghana with legislative mandate (LI 611, Act 232) to promote and protect commercial and industrial interest in the country.

 

Area(s) of Interest:

Business Advocacy, Trade Facilitation, Business Promotion, Export Development, Trade Fairs & Investment Mission, B2B Networking, Policy Dialogues, Capacity Building, & Policy Dialogue

 

 

 

4.

Name:

Nana Agyenim Boateng

 

Institution & Position:

Accra Chamber of Commerce & Industry, Chairman

 

Profile of Institution:

It is the branch of the GNCCI in Accra.

 

Area(s) of Interest:

Business Advocacy, Trade Facilitation, Business Promotion, Export Development, Trade Fairs & Investment Mission, B2B Networking, Policy Dialogues, Capacity Building, & Policy Dialogue

 

 

 

5.

Name:

Sarah Brainoo Arhin

 

Institution & Position:

Ghana EximBank; Head of Business Banking

 

Profile of Institution:

Established to support Government of Ghana’s quest for a feasible and sustainable export-led economy

 

Area(s) of Interest:

Pre-shipment and post-shipment credit, Contingent liabilities, Export development finance, Cross-border investments, Project export, Research & Advisory

 

 

 

6.

Name:

Linda Nartey Tokoli

 

Institution & Position:

Ghana EximBank; Manager, Business Banking

 

Profile of Institution:

Established to support Government of Ghana’s quest for a feasible and sustainable export-led economy

 

Area(s) of Interest:

Pre-shipment and post-shipment credit, Contingent liabilities, Export development finance, Cross-border investments, Project export, Research & Advisory

 

 

 

7.

Name:

Aberinga Nsobilla Tahiru

 

Institution & Position:

Nyariga Craft Society

 

Profile of Institution:

Nyariga is a producer of Straw Bags, Baskets, Smog, Bags, Fans Hats and Garments and Fabric Bags. Its mission is to produce quality straw baskets which are suitable for domestic and export through innovation and creativity. The vision of Nyariga is to help reduce the level of poverty in these communities to the barest minimum. Export: Currently export straw bags, baskets, smog, fabric bags to France and Japan

 

Area(s) of Interest:

Arts & Craft

 

 

 

8.

Name:

Gifty Emefa Togbor

 

Institution & Position:

Top Creativity Industrial Limited

 

Profile of Institution:

Top creativity engages in the production of quality and healthy foods by using premium cocoa and other raw materials in Ghana under the brand name “life gold”. The company also produces all-natural hair and body shea butter and cocoa butter. Its vision is to become a household name in the production of quality food in Ghana, Africa and the world. The mission is to continually provide quality and healthy products to every family. Export: Currently export brown sugar and cocoa powder, chocolate, coconut flakes, shea butter to Nigeria, South Africa, Japan, Dubai, China, Sierra Leone, Benin, Togo, Egypt and USA

 

Area(s) of Interest:

Manufacturing

 

 

 

9.

Name:

Mumuni Yusif

 

Institution & Position:

M.Y Caesar Co. Ltd.

 

Profile of Institution:

MY CAESAR COMPANY Limited was established 10 years ago with the mission to offer convenient access to healthy lives through natural remedies. The company currently operates from its head office in Kumasi and four other regional capitals in Ghana. It has well-equipped laboratories with complete physiotherapy bays which helps patients with chronic health problems.

 

Area(s) of Interest:

Healthcare

 

 

 

10.

Name:

Oteng Bronzy

 

Institution & Position:

Adonko Bitters

 

Profile of Institution:

Adonko Bitters is a Ghanaian-based food and beverage manufacturing company. The company uses plants and herbs to produce the finest alcoholic drinks. All its products are prepared under hygienic conditions and have medicinal properties. The company is committed to producing safe and quality alcoholic herbal bitters and beverages.

Export Product: Beverages

 

Area(s) of Interest:

Beverages

 

 

 

11.

Name:

Michael Darko

 

Institution & Position:

Adonko Bitters

 

Profile of Institution:

Adonko Bitters is a Ghanaian-based food and beverage manufacturing company. The company uses plants and herbs to produce the finest alcoholic drinks. All its products are prepared under hygienic conditions and have medicinal properties. The company is committed to producing safe and quality alcoholic herbal bitters and beverages. Export Product: Beverages

 

Area(s) of Interest:

Beverages

 

 

 

12.

Name:

Adu Kwadwo

 

Institution & Position:

Bridge Logistics

 

Profile of Institution:

Bridge Logistics is a global logistics management company specialized in the Gold industry. The company provides an array of services including shipping, mining consultation and customs brokerage, air freight and clearance. The company envisions bringing freight handling and forwarding at cost-effective pricing at the doorstep of its clients using cutting-edge technology.

 

Area(s) of Interest:

Shipping, Mining, Customs Brokerage, Air freight and clearance

 

 

 

13.

Name:

Charles Nana Debrah

 

Institution & Position:

Chandeb Multi Limited

 

Profile of Institution:

A Marketing Consulting company focusing on Social Marketing approach to change behaviour to a product or service and provide a cutting-edge research, business development and marketing consultancy to meet the needs of the business community and other organizations in Ghana and abroad.

 

Area(s) of Interest:

Marketing

 

 

 

14.

Name:

Karl-Asare Cecilia Akosua

 

Institution & Position:

Ce-Karl Investment Ltd.

 

Profile of Institution:

CE-KARL INVESTMENT is a limited liability company whose sector of business spans in International Trade and Business Facilitation, Quarry, Oil and Gas, Agricultural Produce and garments. The company has been in existence since 2000 and it’s headed by Cecilia Karl-Asare. The company has vast experience and skills in International Trade and Business Facilitation, Trade Shows and exhibition. For over 12 years now it has helped organizations exhibit their goods and wares in international trade shows.

 

Area(s) of Interest:

International Trade and Business Facilitation, Quarry, Oil and Gas, Agricultural Produce and Garments

 

 

 

15.

Name:

Kwadjo Caesar

 

Institution & Position:

Grade Investment

 

Profile of Institution:

Grade investment is a company that deals in the exportation of agricultural products mainly Fresh yam, gari, red/palm oil, banku mix to mention a few. They are produced under healthy and safe environment. The company gets its products from farms whose products are mainly organic. Our products are exported to countries like United States of America, U.K, and Germany. Our main mission is to provide our customers with fresh and organic farm produce. Export Product: Fresh cut yam, gari, shea butter, palm oil, banku mix.

 

Area(s) of Interest:

Agricultural produce, shea butter

 

 

 

16.

Name:

Charles Oko Ayitey

 

Institution & Position:

Multimedia Group, Journalist

 

Profile of Institution:

Multimedia Group is the largest independent commercial media and entertainment company in Ghana. It provides multi-channel television and radio access in Ghana and exports local Ghanaian TV channels across Africa via satellite and across parts of Europe via the ABN channel. The company prides itself to independently report on relevant issues and expose corruption and confront negative social norms and practices. The Multimedia Group is the major spur for growth in the advertising, creative arts and entertainment industry in Ghana.

Export Product: Local T.V channels

About GNCC

The Ghana National Chamber of Commerce is an association of business operators, firms and industries with interests spanning every sector of private enterprise in Ghana. Read more

Head Office

Ghana National Chamber of Commerce
1st floor,World Trade Center,
Opp. Children's Park, National Theatre - Accra
P.O Box 2325,Accra

233(0) 302 662860 / 233(0) 544114306

info@ghanachamber.org

Photos