Business News of Monday, 15 October 2018

Source: kantankatv.com

Ghana deepens trade relations with India through GITAC

GITAC non-profit organization was established to promote interactions between Ghana and India GITAC non-profit organization was established to promote interactions between Ghana and India

Launched in September 2018, the Ghana India Trade and Advisory Chamber (GITAC) has made impressive efforts in promoting trade relations between Ghana and India through collaborations with the India High Commission -Delhi,India High Commission-Ghana and the GhanaTrade and Investment Ministry.

Ghana- India Trade Advisory Chamber (GITAC), a non-profit organization was established to promote and enhance trade, investment and cultural interactions between Ghana and India.

In line with its objectives, the GITAC is speedily making progress in building and nurturing of mutually beneficial relationships between Ghana and India through excessive developments after its launch in Accra. The chamber has been able to sign on an encouraging number of companies and still making room for more in the various sectors of both countries economy.

According to the President of the Chamber, Mr. Dominic Oduro-Antwi, GITAC is doing very well per its set goals and still in talks with organizations like Ghana Investment Promotion Council (GIPC), Ghana Chamber of Commerce, Association of Ghana Industries (AGI), Ministry of Trade and other international bodies in India to enhance growth of businesses in Ghana and India.

Indian Economic Trade Organization (IETO), one of Indian’s biggest trade Organizations has formed membership with GITAC after recently signing a Memorandum of Understanding (MOU) with the chamber in fulfillment of the mission of both parties.

The 5th World Economic Conference in Chennai, India, witnessed a huge patronage of the Chamber where FIRST WORLD COMMUNITY also signed their MOU with the GITAC during a re-launch of the Chamber. In attendance was Head of Consular Affairs Mr. Michael Sackey, CK Ashok Kumar founder of
First World Community, Madam Saalai Arima-First World West Afric Director,Prime Minister of Guyana, President of Mauritius, Saudi Trade delegation,Dubai trade Delegation and many other renowned dignities. The Chamber is still accelerating growth with the Indian Economic Chamber and a business Chamber called the “BNI” in Pondicherry, India.The delegation also paid a visit to LT Governor of Pondicherry.

GITAC consists of sectors, such as Trade, Financial Services, Hospitality, Engineering, Agro- Processing,
Manufacturing, Import and Export Services, Information and Communication Technology, Education, Aviation, Shipping and Logistics. The chamber works under four key areas which includes consultancy, advisory, trade and training as stated by the President.

Mr. Dominic Oduro-Antwi said the Chamber would provide consultancy to promote a close collaboration between research and policy formulation in the field of trade and investment to enhance global expertise on trade. He said the chamber is trying to build as many as business relations to make their work easier during an exclusive interview with Kantanka Television.