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By Alexander Nyarko Yeboah
Gitficonline—The Ghana International Trade and Finance Conference (GITFIC) announces the fourth GITFIC edition which will be on the preparedness of industries to adapt the African Continental Free Trade Area (AfCFTA) concept in their operations.
The conference, which is on the theme, “Optimizing AfCFTA for Africans; the role of logistics infrastructure,” is organized in collaboration with the Accra Metropolitan Assembly (AMA) and the Association of Ghana Industries (AGI).
This was made known in a press conference on Monday at the Naa Deide Omadro Conference Hall, AMA, by the Chief Executive Officer (CEO) of GITFIC, Mr. Selasi Koffi Ackom, during which he also informed of the need for Ghanaian industries and the media to be educated on the benefits of citing the AfCFTA secretariat in Ghana.
Mr. Ackom said GITFIC was going to present a strong content driven fourth conference on trade and industry, and it would educate, direct, and expose participants to the complexities of the Africa free trade idea with speakers coming from diverse technical backgrounds and from more than five countries on the continent.
In observing how the conference would educate participants and facilitate the business opportunities of Ghanaian industries, Mr. Ackom said, “We will look at the physical connectivity of the AfCFTA, the digital connectivity of the free trade area, infrastructural deficit, the tariff forms in the continental free trade area, etc.”
“The conference would also look at the harmonized trade platform for member states; harmonized continental cyber space, movement of money for trading, standardization of member states trading protocols, etc.,” He indicated.
In this regard, the CEO informed that industry giants in Ghana would join the Mayor of Accra “to officially declare Accra the commercial capital of Africa by virtue of the secretariat situated here in Accra.”
The Mayor of Accra, Nii Adjei Sowah, said the conference was intended to display the economic resilience of Accra and Ghana in the face of global pandemic which had ravaged economies, “bringing with it a realistic fear, powerful enough to stalk economic activities and creating deep depressions among some of the biggest economies of the world.”
Hon. Mohammed Sowah said the aims and objectives of the conference were relevant as it would discuss the preparations being made by member states of the African Union (AU) in building the necessary logistics and infrastructure and identifying the main challenge in implementing the protocols of the continental free trade agreement.
Other sponsors for the conference, which would be held on the 27th and 28th October, are the Ghana Free Zones Authority (GFZA) and Agricultural Development Bank (ADB)