Ghana's Trading Hub News

Ghana-Israel Chamber of Commerce in the offing

Ghana and Israel are in the process of establishing a chamber of commerce to boost trade and business between the two countries.

Known as the Ghana-Israel Chamber of Commerce, the centre will become operational before the end of the year.

According to the Israeli Ambassador to Ghana, Mr Ami Mehl, the centre would be beneficial to both countries as it would facilitate the flow of business from Israel to Ghana and vice versa.

“There are lots of Israeli and Ghanaian businesses which are eager to cooperate and implement initiatives that will grow the economy of the two countries. This centre will, therefore, enable us to further strengthen the economic relations between Ghana and Israel. 

The economic relations are not only about export and import, but will also focus on investment, knowledge sharing and development,” he said.

Inauguration

Mr Mehl made this known when he spoke to the Daily Graphic on the sidelines of the inauguration of a packaging facility for Holyland Star Limited, an Israeli Company that produces anointing oils and Holy water, in Tema.

The facility has the capacity to package, on a daily basis, more than 2,500 bottles of the company’s products which are manufactured in Israel.

The Israeli Ambassador explained that the establishment of the facility was a testament to the surge in business activities and cooperation between Ghana and Israel this year.

That, he said, was against the backdrop of the challenges the two countries faced in their economic relations which led to a drop in trade between them from $100 million to $40 million in 2015.

“Now the situation is steadily improving with more trading activities going on between the two countries. We are, therefore, gradually building a relation that focuses on promoting the exchange of high quality products and not cheap or inferior products,’’ he stressed.

Holyland Star products

Throwing more light on the products, the country Director of Holyland Star Limited, Mr Emil Yaw Opare, said the anointing oils were produced from the finest olive fruits in Israel while the holy water also came directly from the River Jordan in Israel.

He added that the products would make consumers have a deeper spiritual connection with God and the holy land of Israel.

Present at the ceremony were some Members of Ghana’s Parliament who are also members of the Ghana-Israeli Parliamentary Friendship Association as well as a renowned international evangelist, Dr Lawrence Tetteh.

Source: http://www.graphic.com.gh/business/business-news/62664-ghana-israel-chamber-of-commerce-in-the-offing.html#sthash.cuxYYXri.dpuf

Comments

Got something to say? Join the discussion »

leave a reply

 [Quick Submit with Ctrl+Enter]

Remember my details
Notify me of followup comments via e-mail

News Subscription

Get the latest updates in your email box automatically.

Search

Archive

Meta

s