Ghana has taken the lead in the implementation of the Continental free trade area (AfCFTA) with the introduction of initiatives that will enhance trading among the private sector.
To this end, the Minister of Trade and Industry, Alan Kyerematen has called on business owners in the country to collaborate with government on many of the policies to ensure that Ghana gets the maximum benefit from the agreement.
He disclosed that, so far, Ghana is one of the first countries to have set up steering committees and other bodies to supervise the implementation process.
Mr Kyerematen was speaking at the AB and David Crystal Ball Africa in Accra on Thursday.
The call by the Trade Minister follows series of concerns raised by some members of the business community over Ghana's readiness to implement the most ambitious trade deal.
“With about six month to commence official trading under the agreement, Ghana has put in place several industrial policies and programs that will boost the country's competitiveness in the continent.”
Speaking at the AB and David Crystal Ball with the focus on the African Continental free trade agreement and business without borders, Alan Kyeremanteng said a lot is being done by government to achieve the full benefits.
“Government's high level committee on the national strategy for the implementation of the Continental free trade agreement has begun work to ensure that Ghana gets the full benefit of the free trade agreement. The move is aimed at developing the enabling environment for Ghanaian industries to trade under the agreement.”
Director at the Department of Trade and Industry for the African union, Hassan Hussein has promised that efforts are being made to ensure that financial challenges are addressed for African businesses.
The Crystal ball is an annual gathering of business executives and industrial sector players to project the business environment for the year.
Latest Stories
-
Reason for training professional counsellors is to heal a hurting world – CCP president
26 mins -
Woman allegedly brings dead man to bank to take out a loan
34 mins -
It’s a good feeling to score against PSG because I’m a Marseille boy – Andre Ayew
60 mins -
Joe Lartey Sr: A voice that brought life to Ghana sports and beyond
2 hours -
Bawumia promises to tackle issue most dear to Ghanaians as he begins nationwide campaign
3 hours -
Indian couple donate $24m fortune to charity to adopt monkhood
3 hours -
Australians call for tougher laws on violence against women after killings
4 hours -
African Development Council establishes mission in Benin for Francophone countries
4 hours -
Okyeame Kwame reveals his secret to longevity in music industry
4 hours -
Youthful-looking 60-year-old woman qualifies for Miss Argentina contest
4 hours -
Ejisu By-Election: Campaign heats up as NPP holds final rally ahead of Polls on Tuesday
4 hours -
Rwanda plan: Irish government wants to send asylum seekers back to UK
4 hours -
Ice cubes now cost more than bread and milk in parts of Mali
6 hours -
Titanic gold pocket watch sells for £900,000
7 hours -
Elon Musk in China to discuss enabling full self driving – reports
7 hours