GHANA’S COCOA SECTOR BRIEFED ON OPPORTUNITIES IN CANADA

ACCRA, The Ghana Export Promotion Authority (GEPA) and Ghana Chamber of Commerce, in partnership with the Trade Facilitation Office (TFO) of Canada, has conducted a technical seminar here for exporters of processed cocoa on opportunities in Canada.

The one-day “Exporting Cocoa Products to Canada” seminar was to provide export-ready companies with in-depth knowledge of Canadian standards and other access conditions needed to export cocoa products to Canada. It targeted small and medium-size cocoa processing companies interested in diversifying their export markets to Canada as well as consolidating their market presence.

The exporters received an overview of the fundamental considerations required to ensure smooth entry and doing business in the Canadian markets.

The seminar was a key part of GEPA’s on-going efforts to diversify Ghana’s export markets and reduce over-reliance on the European Union (EU) market.

The total Canadian import market for cocoa and cocoa preparations is 1.3 billion US dollars and growing at a rate of 3.5 per cent over the last five years, Ghana’s market share stands at a paltry 1.2 per cent; and has even been declining over the past five years.

Source: NAM NEWS NETWORK

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