Vice President Touray Says NES Aims To Increase The Gambia’s Economic Development
Dr Touray was speaking at the launch of the 2021-2025 National Export Strategy (NES) roadmap which was held yesterday at a local hotel in Senegambia.
The launch was organized by the Gambia Investment and Export Promotion Agency (GIEPA) in partnership with the National Export Strategy (NES) Coordination Secretariat.
This is the second National Export Strategy (NES) Roadmap which aims to help Gambian export-ready and export-potential companies enter the regional and global value chain, especially in the areas of value added, horticulture and agro-industry, peanuts, cashews, fishing, light manufacturing. and services, especially tourism, to bring other benefits to the country.
Vice President Touray added that the specific objectives and expected targets of NES are to build a stronger, more responsible, robust and resilient economy.
“The other expected objectives and targets are to diversify export markets; move the economy up the value chain through higher value-added export activities; improve the brand image of The Gambia in international markets and present The Gambia as a strategic product of quality exporter, among others, ”she noted.
Vice President Touray, however, said the new NES is envisioned as a critical roadmap to guide The Gambia towards export growth and diversification, recalibrating the economy away from its dependence on commodity trade to low added value and helping Gambian companies enter global value chains. .
Seedy Keita, Minister of Trade, Industry, Regional Integration and Employment, said his ministry would learn lessons from the previous failed strategic plan to ensure this new strategic goal is executed. He also said he has engaged stakeholders to ensure execution is at the forefront.
He added that the NES is a stated national strategy which, when implemented, will transform the lives of Gambians and provide the much needed boost the country has long deserved. He said the NES is in line with the policies of the Gambian government.
GIEPA Director General Ousainou Senghore said the development of the second national export strategy 2021-2025 for The Gambia is an important step for GIEPA as an agency with an export development mandate. , investment promotion and business development. He noted that the development of the National Export Strategy (SNE) is a necessity to guide the GIEPA in its desire to achieve the export development aspirations of The Gambia, as enshrined in the National Development Plan. development 2018-2021.