Trade and Industry Minister, Alan Kyeremanten is challenging businesses in the European Union (EU) to establish their presence in Ghana by building manufacturing plants and administrative offices.
According to Mr Kyerematen, Ghana is positioned to be the best place to use in entering the African market after the implementation of the Continental Free Trade Agreement.
He made the appeal during his opening remarks at the Ghana-EU Business forum organised by the European Union under the theme: ‘boosting investment for Sustainable jobs in Ghana.’
According to Mr Kyeremanten, the government has created the right environment for businesses to thrive and expand into other neighbouring countries.
He said, "With the signing and ratification of the free trade agreement, Africa now becomes the single largest market with a $3 trillion GDP. I want Ghana and Europe to strengthen its relationship, I want Europe to use Ghana as its latest gateway to Africa with a market of about 1.2 billion people. I hope that we can work together as Ghana and Europe to make this a reality."
The African Continental Free agreement is expected to make Africa the largest single market in the world with a GDP of about $3 trillion and a population of 1.2 billion.
EU ambassador to Ghana, Diana Acconcia also used the occasion to assure the government of the European Union's support in creating a win-win partnership for the various investors.
The EU-Ghana Business summit is a two-day event which seeks to create a platform for business partnerships between Ghana and the European Union.
Have your say
More Business Headlines
- UBA unveils marketing platform for entrepreneurs
- BoG keeps policy rate at 16%
- Electric car models to triple in Europe by 2021
- Boeing to take $4.9bn hit in second quarter on 737 Max grounding
- Ghana's debt now GHS200 billion
- Gov’t urged to formulate new tax compliance rules for increased revenue
- Vodafone talks private sector relevance in SDGs at UN Forum
- Nelson Mandela Day: Barclays, ALU scholars pay courtesy call on SA High Commissioner
- Insurance industry could wield more money than banks – Rev Okosun
- Engage NIC to avoid casualties - CIIG
- Kingdom Exim Ghana, CEO awarded at Ghana Shippers Award 2019
- Enforce laws barring foreigners from retail trade - Majority Leader to agencies
- GTBank, Ria partner Zeepay to launch Ria2Mobile money transfer service
- AirtelTigo mentors 40 young aspiring entrepreneurs
- Alliance Motors launches 2019 Range Rover Evoque