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Saturday, February 25, 2012

DAILY GRAPHIC, Saturday, February 25, 2012, Pg.17. 16th International Trade Fair opens

Story: Mary Ankrah

THE 16th edition of the Ghana International Trade Fair (GITF) opened in Accra yesterday.

Five hundred and twenty exhibitors are participating in the fair, which is on the theme: “Harnessing opportunities for Ghana’s trade and industry”.

The fair is expected to end on March 10, 2012.

Addressing the opening ceremony, the Deputy Minister of Trade and Industry, Dr Joseph S. Annan, said the theme was opportune at the time that Ghana was about to experience unprecedented economic take-off in its industrial development process with the discovery of oil and gas.

In that vein, he pledged that the Ministry of Trade and Industry would continue to facilitate growth and development and collaborate with others in the industry.

“It is important to note that the focus on trade and industry is appropriate because as we move away from dependency on aid to focus on development, trade will continue to be a critical component,” he observed.

Dr Annan gave an assurance that the government would continue to play its role and ensure the efficient allocation of resources for the overall well-being of the economy and the citizenry.

Speaking at the opening ceremony, the Board Chairman of the Ghana Trade Fair Company (GTFC), Captain K. Buttah (retd), said this year’s fair would create a wide platform for all economic operators to interact with their clients and customers and identify new ones to enable them to take advantage of the opportunities in trade and industry.

“The cross fertilisation of ideas that takes place during this period leads to increased knowledge on product display, labelling, marketing strategies and competition in the market,” he added.

He said that would enable the private sector to position itself to be more competitive in the local and international business community.

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