Commerce and Industry Minister Axel M. Addy
Commerce Minister To Brief Diaspora Liberians On Business Act
MONROVIA, May 1 (LINA) - Commerce and Industry Minister Axel M. Addy and party will Friday brief Diaspora Liberians in the Washington D.C. metro area on the recently passed Small Business Empowerment Act.
The discussion will focus on “Improving SMEs Access to Public Procurement, what the Small Business Empowerment Act Means for Liberians at Home and Abroad.”
According to a Commerce Ministry release, it is a public event for Liberians and Americans interested in business opportunities in Liberia, particularly in the opportunities the SBEA presents.
The goal of the event is to expand awareness on the recently signed Small Business Empowerment Act which aims to set aside 25% of public procurement opportunities for Liberian-owned and Liberian women-owned businesses and provide a platform to solicit suggestions and recommendations on strengthening the execution of the law.
On Saturday at the Embassy of Liberia, the Minister and team will also have a private business breakfast meeting with investors in an exchange to encourage the return of their business activities or promotion of the establishment of new activities in Liberia.
The Minister and delegation, comprising representatives from the Ministry of Agriculture, Commerce and Liberia Revenue Authority, are in the US on a mission for bilateral talks with the US on Liberia Accession to the World Trade Organization.
While in the US, the Minister will also hold meetings with several agencies on support for the implementation of the Small Business Empowerment Act.