The Vanuatu Trade Commissioner to Ghana, Prof. Hugh Aryee has reiterated the need for collaborations among countries in order to boost their economies. According to him, these collaborations will help foster new ways drive innovation. Prof. Aryee made the call when he delivered the welcome address at the VACONGHA Global Business Fair at the National Theatre on Wednesday.
VACONGHA Global Business Fair 2023 is an African-Global Multi-Sectoral event that focuses on creating awareness about trade and investment opportunities in the global economy, with special focus on Ghana, Vanuatu, DR Congo and some West African countries, where global participants converged in Accra for the maiden extraordinary summit. Speaking to the media, the Vanuatu Trade Commission to Ghana, Prof. Hugh Aryee noted that the purpose of the fair was to bring businesses together to explore the benefits of potential collaborations among them.
He also touted some investment benefits available in Vanuatu for businesses and some programs that allow the importation of labor into the country where about 1,500 Ghanaians are brought into the country each year to work.
Founder and President of Future Trends Group, Dr. Farzam Kamalabadi, who was guest speaker at the fair, noted that Africa has an unimaginable potential, with capability to rise above all other world emerging markets to enable its citizens become first world citizens within the next decade. He says this can be achieved not with foreign aid but with the ability to generate and distribute wealth among Africans through innovative ways.
Meanwhile, head of monitoring and evaluation at the Ghana Investment Promotion Center, Dr. George Obodum-Kusi Asafo-Agyei for his part affirmed GIPC’s contentment to be part of the collaboration. He also touted some contributions of the GIPC in promoting entrepreneurship among the Ghanaian youth.
The summit was also aimed at building a strong and sustainable partnership between key stakeholders who will capitalize on the ongoing initiatives by the African Union and the African Continental Free Trade Area agreement for increased cooperation, as well touting some investment opportunities in Vanuatu in the country’s trade and tourism sectors.