Ghanaian products have become globally competitive

Catherine Gordor, Principal Export Development Officer of the Ghana Export Promotion Authority, says local products made in Ghana have become competitive and sought after in the international market.

This, he said, was due to the improvement in the quality and packaging of local products to meet international standards.

This was stated by Mrs. Gordor in an interview with the Ghana News Agency within the framework of the 3rd Made-Ghana-Bazaar organized by the Ministry of Foreign Affairs in Accra.

He said the only challenge was that local products were in short supply because they could not meet international demand.

He said GEPA had employed several initiatives to address the shortfall, including encouraging youth to grow crops and supplying seedlings to farmers to improve their yield.

Madam Gordor said there were many opportunities for young people in the agricultural value chain and exports, and advised them to take advantage of opportunities in the export sector.

Madam Dorothy Amoah, Head of Marketing at the Ghana Standards Authority (GSA), said the strict standardization and certification imposed by the GSA had led to improvement in the quality and packaging of local products.

He said this had ensured that the products were exportable and had access to international markets and standards.

He urged local companies to take their standards and certifications seriously, saying it was their asset to reach the international market.

Meanwhile, some exhibitors and vendors at the Bazaar who spoke to the GNA said the public was beginning to appreciate Ghanaian-made products.

Mabel Quarshie, director of Aquatic Food Limited, said patronage for local produce had improved compared to previous years and said the public was beginning to become aware of the need to opt for local produce due to its quality.

Ms Quarshie, however, said inaccessibility to credit and inclusive financing remained a major challenge for small and medium-sized enterprises (SMEs) in the country.

Therefore, he called for better access to inclusive financing through lines of credit and greater investment in SMEs and start-ups for the advancement of local businesses in the country.

Emmanuel Tetteh Coffie, sales manager at Spring Agro Industries Limited, said financial institutions needed to review the interest rates on their credit lines to SMEs.

He said high interest rates had led to many SMEs being unable to access credit lines from banks and financial institutions.

Mohammed Princess Falina, chief executive of Princess Fashion Design, said the market was now good compared to a few years ago when she started.

He urged his SME colleagues to take great interest in improving their packaging and quality to meet international standards.

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