Ghanaian companies explore business opportunities in Russia

Ghanaian business companies and Parliamentary Select-Committee on Transport and Agriculture would on June 26, 2017, embark on a trade mission to Moscow, Russian to explore business opportunities for both countries.

The six-day trade mission, which comprised 30 participants, is organised by the World Trade Centre, (WTC) Accra, and the Embassy of the Russian Federation.

The mission is to afford a platform for Ghanaian companies to strengthen collaboration between the two countries for win-win business exchanges and trade investment.

The Ghanaian companies would make presentations on renewable energy, agriculture, finance among others to expose the country’s potential to the Russian business community.

The companies include; Ghana Free Zones Board, Ghana Export Promotion Authority, Microfinance and Small Loans Centre, National Petroleum Authority, Northern Electricity Distribution Company, Ghana Cylinder Manufacturing Company, Global Dream Hotel, Abuya Cleaning Services, Bonyaso Farms, Nerjet Company limited, Westbourne Company Limited, Strategic Communications Limited, Strategic Energies Limited, and Nick Petroleum.

Togbe Afede XIV, Board Chairman of the Centre, said the Centre, owned by Strategic Initiatives Limited, acquired the license to operate from the World Trade Centres Association (WTCA) in New York, to operate in Accra, Ghana.

Togbe Afede XIV said WTC Accra was a member of the prestigious WTCA, whose membership included more than 300 world trade centres operating in 100 countries, a global network that provided business people the services and facilities for easy and faster international trade.

He said through the WTCA, WTC Accra became a local link to all other world trade centres with a unique concept of reciprosity, making membership in WTC Accra an entry into the international business community.

Togbe Afede XIV said the centre was aimed at bringing together businesses and government agencies involved in international trade to provide essential trade services and stimulate the economy of the country through conference facilities, trade fairs and exhibitions, trade missions, trade information services, and market research services.

He said the mission was the Centre’s 10th trade mission and had yielded positive impact through networks and business exchanges with international companies.

He urged the companies to make a strong presentation to attract investors for the country.

Mr Andrey Stolyarov, Deputy Head of Mission to Ghana, Embassy of the Russian Federation commended the Centre for the initiatives and hoped both countries would make a strong presentation to woo investors for mutual benefit.

Mr Bright Awuye, Head of Research and Trade Education, WTC said the mission to Russian was crucial because both countries signed a protocol in 2016 on national interest issues, urging Ghanaian companies to give a detailed outline about the company and what they could do for better than other companies.

The participants were very optimistic of a fruitful engagement with the Russian community for win-win business opportunities.