The Ghana Chamber of Commerce and Industry (GCCI) has signed a Letter of Collaboration with the United States Agency for International Development’s (USAID) West African Trade Hub and African Partners Network, to establish a framework for cooperation between the two parties in the implementation of the AGOA Trade Resource Centre, Ghanaian media reported.
Ghana’s deputy minister of trade and industry Ibrahim Murtala Muhammed said the AGOA Trade Resource Centre will provide advisory services to Ghanaian companies to increase their competitiveness, and increase regional trade and value-added global exports, especially textile exports, particularly to the United States under the African Growth and Opportunities Act (AGOA).
The Centre will also facilitate strategic investments to expand exports by providing technical assistance and industry-specific best practices to government and the private sector, Muhammed said.
The minister said the development of a trade hub has become necessary in view of the myriad of challenges confronting the country’s export business, particularly those within the textiles sector, to maximise fully the prospects of AGOA and other trade pacts available to Ghana