|Create Improved Environment For Trade In Liberia|
|Published on March 31, 2011||Email To Friend Print Version
The Deputy Minister of Commerce and Industry, Hon. Lavela B. Kortimai, Sr. on March 17-18, 2011 deputized for Minister Miata Beysolow at the Annual Cocoa Sector Marketing Linkage Forum in Gbarnga, Bong County.
Reading from a well prepared text on behalf of the Minster, Hon. Kortimai spoke on the topic: "Creating a more Enabling Environment for the Improvement of Trade in Liberia".
Propounding on achievements by the Ministry, the Deputy Minister outlined the formulation of National Industrial Policy Document, establishing legal and regulatory reform measure intended to strengthen, and promote better manufacturing practices and standards. Also outlined-in the speech were the creation of MSME Policy, Trade Policy, and the establishment of a Modern Business Registry.
In his opinion, the Deputy Minster emphasized that these efforts mentioned earlier will create opportunities for Liberian entrepreneurs and encourages international best practices in attempt to draw in more investors and investment opportunities in Liberia.
Stressing further, Hon. Kortimai stated that MSME Policy aims to create job opportunities, increase incomes, promote economic inclusion and diversification, grow the private sector, and change our culture towards business. Promote public-private partnership framework and coordinate MSME support of small and medium enterprises like cocoa and coffee farmers. In order to empower domestic cocoa farmers under the MSME program, the Deputy Minister recommended that National Association of Cocoa Farmers be established to facilitate the process of receiving credits. Financial institutions may not give loans on individual basis.
The forum was attended by Dr. Subah, Deputy Minister of Agriculture for Technical Services, Mr. Robin Wheeler, Chief of party, Life II Prospect, some high profile Government officials and other stake holders.