Business News of Monday, 9 March 2020

Source: goldstreetbusiness.com

GEPA considering postponing 2020 WTPO conference

Madam Tembo, ITC Head (left) and Dr. Asare, GEPA CEO Madam Tembo, ITC Head (left) and Dr. Asare, GEPA CEO

The Ghana Export Promotion Authority (GEPA) and its partners are considering postponing the 2020 edition of the World Trade Promotion Organizations Conference scheduled for Accra in May.

The Authority and its organizing partners have given themselves up to the middle of April to determine whether to go ahead in hosting the conference along current timelines or postpone it.

The Chief Executive Officer (CEO) of GEPA, Dr. Afua Asabea Asare revealed this in Accra last Wednesday when the Acting Executive Director of the International Trade Centre (ITC) Madam Dorothy Tembo paid a visit ahead of the conference.

All Trade Promotion Organisations across the world are expected to attend the event in Accra. After winning the bid to host the event in 2018 in France, GEPA in collaboration with its stakeholders have been putting in place effective measures aimed at ensuring a successful event.

This comes at a time where the continent with over 1.2 billion people and Gross Domestic Product (GDP) of nearly US$3 trillion is preparing to soon implement the pan African trade policy – the African Continental Free Trade Area – in July this year.

The event seeks to address the current trade environment and the uncertainties that might arise, along with outlining what it will take for organizations to adapt and thrive in the emergent globalized business ecosystem.

Keynote speeches will address the ecological, digital, social and geopolitical revolutions that are changing the world and affecting trade, and will outline the change in purpose and culture that organizations should undergo in advancing a human-centric approach, the ITC revealed.

Speaking with Goldstreet Business, Madam Tembo noted that in terms of getting comprehensive solutions in addressing the challenges that might arise in the implementation of the AfCFTA, there is the need for countries to come to terms with the challenges and address them holistically.

“It will have to be a collective effort of different countries. For us at the ITC, it is the value addition that remains critical”, she stressed.