Home News Gov’t-Exporter dialogue uncovers barriers to utilize China’s huge market

Gov’t-Exporter dialogue uncovers barriers to utilize China’s huge market

567
0
Sponsored Advertisement

A dialogue between key government ministries, industry representatives and nominated exporters in the areas of agriculture, fisheries and forestry on Monday this week had uncovered barriers to exploit China’s huge market for local exports.

The dialogue discussed ways to optimize ongoing efforts and collaborations under various trade memorandums of understanding (MOUs) with the People’s Republic of China (PRC).

The ultimate goal is to identify opportunities and strategies that will enhance the export processes and, in turn, benefit the country’s export sector.

“Our commitment to fostering strong international trade relations is unwavering, and we recognize the significant role that key sectors like agriculture, fisheries, and forestry play in our economy,” explains Wilson Karamui, Policy Secretary Productive Sector in the Prime Minister’s Office.

Karamui highlighted that these sectors have tremendous potential for growth and expansion, and by working closely with industry experts and exporters the country can maximize the benefits of our trade agreements with China.

Issues identified during the dialogue ranges from the need to improve export processes, including logistics, documentation, quality assurance and compliance with China’s regulations to make these processes more efficient and exporter-friendly.

Other barriers identified include issues of Market Access and Promotion which requires strategies for increasing market access for products intended for the Chinese market. This includes exploring marketing and promotional initiatives that can help boost the visibility and demand for local exports.

The dialogue further provided opportunities for greater collaboration and networking between government agencies, industry associations and recommended exporters which may include joint initiatives, information sharing, and coordination efforts.

Karamui said feedback and recommendations from industry representatives on how everyone can better serve the interests of exporters in our trade relationship with China is vital to chart a way forward for this huge opportunity.

“We believe that by engaging in this dialogue, we can collectively chart a course for the future that benefits all stakeholders. The industries, expertise and experience are invaluable in shaping the direction of our trade efforts,” Karamui said.

ENDS///

What you think?

Sponsored Advertisement
Solomon Water