The T&T Chamber of Industry & Commerce plans to conduct an audit of its members that are already doing business in Africa.

Recently, the Chamber met with representatives from the Ghana Investment Promotion Centre and the Ghana Export Promotion Authority to explore strategic collaboration to foster mutually beneficial relationships.

The Chamber says T&T’s manufacturing sector was recognized as a positive factor, while its potential for partnerships with over 80% of Ghanaian SMEs was identified as an opportunity for mutual growth.

To facilitate this collaboration, the Chamber says the audit will help serve as a starting point for future engagements.

Regarding the meeting, Chamber President Kiran Maharaj, said, “The opportunities in Ghana are very promising, and it is apparent that they have built an economy and business environment that attract investment from committed partners such as T&T’s business community. There are several synergies regarding our culture and the way in which we do business. I am certain there will be many benefits to both countries, not just from the exchange of knowledge and expertise but from investment opportunities, partnerships, and other significant pathways.”

The Chamber wants to sensitize its members as it pertains to the Ghanaian market, its culture, and business climate; explore co-investment opportunities with local investors in Ghana.

It will also establish a liaison with the Ghana Investment Promotion Centre to ensure efficient and effective collaboration.

The Ghanaian delegates reportedly emphasized the importance of focusing on Double Taxation Treaties, and Bilateral Investment Treaties to further enhance trade flow between the two nations.