11th February 2023 11:15:07 AM
1 min readThe Commonwealth Enterprise and Investment Council's (CWEIC) Chairman, Lord Marland, claims that the inability of Ghanaian companies to develop abroad is due to a lack of successful partner searches in other nations. Speaking to Class News, Lord Marland said CWEIC was created to assist member companies in finding the best partners in other nations, and it was one of the reasons he travelled to Ghana.
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“The reason why it's difficult for businesses to export, or to trade beyond Ghana is that, if you're a business, it's uncertain about whether you are going to find the right partner in another country to work with. The right lawyer, the right accountant, for a start. So, if you're a business that's thinking about exporting, you are thinking, you know, I want to export to India, for example.
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Who am I going to work with in India? How am I going to set myself up? What are the tax implications? What are all the rules? And that's where we help as an organisation." Marland said. He further explained "That's why when people want to import to Ghana, we have people on the ground here who can help them reduce that risk and of course, Ghana is a great exporting country with lots of things.
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So it is done, however, people have to be supported in the process, which is what we do at the Commonwealth Enterprise and Investment Council.”
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