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Thursday, 3 November 2011

U.S. and Gambia increase trade investment

The Gambia and the U.S. have moved to increase trade and investment, with the official launch of the Gambia AGOA Resource Centre in the small West African nation, PANA.



The first of its kind centre in The Gambia and was launched by the US Embassy in Banjul in collaboration with The Gambia Investment and Export Promotion Agency (GIEPA) and the Ministry of Trade, Industry, Regional Integration and Employment.

The African Growth and Opportunity Act (AGOA) Resource Centre is geared towards increasing trade and investment-related opportunities between the U.S. and eligible countries in Arica  and will contribute to promoting sustainable economic growth and provide technical assistance to businesses in the country and drive overall development in benefitting African nations. 

The AGOA will further screen export ready companies to provide targeted industry-specific and market regulatory information.  The centre will support arrangements for international tradeshows and will enable both local and international investor visits among others. 

The centre will further work with various public and private sector stakeholders to implement strategic policies meant to promote value-chain development in sectors that have the highest potentials for export.

Attending the opening was Abdou Kolley, the minister for Trade, Employment & Regional Integration alongside Ambassador Pamela Ann White and other senior government and private sector officials.
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