By Adama Tine
The Gambia Investment and Export Promotion Agency (GIEPA) on Tuesday launched its second National Export Strategy document (NES) for 2021-2025 at the Kairaba beach hotel, which aims to improve the country’s trade balance and it’s ranking in exports.
Vice President, Dr. Isatou Touray, speaking at the opening ceremony said: “the second NES focused on supporting Gambia’s export ready and export potential firms to enter the regional and global value chain, particularly in value addition, horticulture and agro-processing, groundnuts, cashew, fisheries, light manufacturing and service, particularly tourism, to bring further benefits to the country.”
She added that it is critical that the NES reflect an understanding on needs of export markets and not just focus on addressing supply-side issues such as the high cost of electricity. She further said that the NES should not only be based on neither what the country wants to supply nor on improving their productivity process and market access, but should also critically reflect what the markets are demanding.
Ousainou Senghore, GIEPA chief executive officer said the development of the National Export Strategy is a necessity to guide the agency in its drive to realize the export development aspirations of The Gambia as enshrined in the National Development Plan 2018–2021.
“I urge all stakeholders to support the implementation of the NES activities for us to realize sustainable economic growth, wealth creation and prosperity for the people of The Gambia, as highlighted in the NES Vision,” he said.
Seedy Keita, the Minister of Trade said if the National Export Strategy is implemented, it will transform lives of Gambians. He expressed government’s commitment to fully implement the Strategy in partnership with the private sector and development partners.