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Strengthening Senegalese exportersí capacity for international trade and market accessMonday, January 23, 2017 > 08:05:49
Strengthening Senegalese exporters’ capacity for international trade and market access
FOR IMMEDIATE RELEASE
Ottawa, ON (January 23, 2017) – Today TFO Canada affirms its commitment to strengthening the capacity of developing countries’ exporters to access the Canadian market through the signing of an agreement with the International Islamic Trade Finance Corporation (ITFC) and the Agence sénégalaise de promotion des exportations (ASEPEX). This tripartite agreement seals the deal for the “International Trade Capacity and Market Access Support Program” which is a one year technical assistance program benefitting trade support institutions (TSIs) and Senegalese small and medium enterprises who are looking to export their products to Canada and other foreign markets.
This year long program consists of two components – the first component will focus on a train-the-trainer model with the intended result of an exporter training platform implemented in ASEPEX and other TSIs in Senegal and the second component will focus on strengthening the capabilities of SMEs and their products to be competitive in the Canadian market.
This partnership aligns well with TFO Canada’s mandate of promoting sustainable economic development through export information, advice and contact, and trade partnership to improve capacity to access foreign markets. “Investing in people reinforces TFO Canada’s commitment to improving lives thereby contributing to economic development in disadvantaged regions of Senegal” says Steve Tipman, Executive Director, TFO Canada.
“This partnership will empower and enable our country’s SMEs to capitalize on the Canadian Market Access Initiative which gives Senegalese products duty-free and quota-free access to the Canadian Marketplace” proclaims Dr. Malick Diop Executive Director, ASEPEX. “We are proud to collaborate with TFO Canada, ITFC and other TSIs partners to scale and expand our reach in building capacity within Senegalese companies to trade internationally.”
“This program strengthens our progress in enhancing international trade capacities of our member countries. Through the co-funding of this project with the Government of Canada and partnership with TFO Canada and ASEPEX we are investing in exporter training and international market access of the Senegalese SMEs” reports Eng. Hani Salem Sonbol, CEO, ITFC.
More about TFO Canada: TFO Canada confronts the challenge of global poverty by promoting sustainable economic development through export information, advice and contact. TFO Canada facilitates access to the Canadian marketplace and shares Canadian trade expertise for the benefit of smaller exporters in developing countries. Founded in 1980, TFO Canada is a non-governmental, non-profit organisation. For more information about TFO Canada please visit our website at www.tfocanada.ca
1 613 233-3925 ext 26
About The International Islamic Trade Finance Corporation (ITFC): The Islamic Trade Finance Corporation (ITFC) serves as the trade development arm of Islamic Development Bank (IDB) Group. Through its Trade Cooperation and Promotion Program (TCPP), the ITFC invests in capacity building programs which strengthen human and institutional capacities in Member Countries of the IDB in trade related areas.
About Agence sénégalaise de promotion des exportations (ASEPEX): ASEPEX, the Senegalese public agency in charge of export promotion, is mandated with the mission to promote “made in Senegal” products on international markets as well as the establishment of an environment conducive to the sustainable development and diversification of exports from Senegal