Participants at the workshop on ECOWAS Trade Liberalization Scheme (ETLS) held at Nnewi were informed that the Nnewi based Innoson Vehicle Manufacturing (IVM) had been granted license to export its vehicles.? The revelation came from senior officials of the Ministry of Foreign Affairs, who in collaboration with the ECOWAS Commission organized the sensitization workshop.
The Permanent Secretary of the Ministry Dr. Martin Uhomoibhi, in his welcome remarks, said the workshop was an opportunity to identify the weaknesses, strengths and opportunities that would enable Anambra ad Nigerian entrepreneurs to benefit from the ETLS scheme.??
Gov. Peter Obi in welcoming and declaring open the workshop told the participants stated that the choice of Nnewi was inevitable given its pride of place as part of ONA (Onitsha-Nnewi-Awka) industrial axis. The governor who was represented by SSG Oseloka H.Obaze, recalled that Anambra State was already a destination of choice for foreign and domestic investors.? He also observed that most small and medium scale industries were already producing goods that were being informally exported to ECOWAS countries. The workshop would assist the such entrepreneurs to appreciate how they might maximize their profits by enhanced trade and export to the region. He recognized that trade barriers that impeded export of Goods to EU and other OECD countries were often less harsher if the goods were destined for ECOWAS countries. Gov. Obi called on Anambra entrepreneurs to take advantage of the opportunities in intra-African trade, noting that while all West African states were members of ECOWAS not all European states were members of the EU.