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“Ghana To Increase Export Volumes Under AGOA To $500 Million By 2020” – President Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, says his government is in the process of finalising Ghana’s new Africa Growth and Opportunity Act (AGOA) export strategy and action plan, to boost the volumes of exports to the United States to $500 million by 2020.

With Ghana unable to sufficiently exploit the AGOA opportunity, and, thereby, not realising any significant gains, having only exported items worth only $29 million to the United States in 2016, President Akufo-Addo noted that his government is working to put in place measures to ensure that the country takes full advantage of the U.S. market through the AGOA initiative.

“We aim at increasing our export volumes under AGOA to $500 million in 2020, which will create in its wake hundreds of thousands of jobs. The target is ambitious, but certainly achievable,” he said.

The President made this known on Monday, August 14, 2017, when he launched the expansion project of Dignity-Do-The-Right-Thing Apparel, at the Adjabeng Free Zone enclave, in Accra.

 

 

Source: otecfmghana.com

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