The Ghanaian-German Economic Association (GGEA) has upgraded its long standing memorandum of understanding (MoU) with its German partner, Afrika Verein.
In order to enhance the mutual business relations between Ghana and Germany, the two entities have committed to amongst other things work to establish direct contact between interested enterprises in both countries, identify appropriate partnerships to increase exports between both countries, to co-operate with the objective of fostering bilateral trade and investment to improve the economic relationship between Ghana and Germany.
The collaboration is also designed to offer an exchange know-how and expertise in structural and organisational issues that will equip the entities make contributions to enhance the development of meaningful partnerships.
Stephen Antwi, the President of GGEA, emphasised the importance of this collaboration to promote trade and investment between Germany and Ghana through enhancing partnerships.
He expressed his optimism regarding this partnership by underscoring its potential to furnish Ghanaian businesses and SMEs with essential industry exposure to effectively contribute to their business growth and the overall expansion of the Ghanaian economy.
The President further pointed out the timely nature of this collaboration as it comes on the heels of the visit of the German Chancellor, Olaf Scholz, to Ghana which amongst other things is aimed at reinforcing bilateral trade between Ghana and Germany.
He foresees that the MoU would not only broaden the frontiers of partnerships but also facilitate trade and planned expansion, thereby creating more job to contribute to curb unemployment within the country.
The signing of the MOU between the two entities is poised to make a significant contribution to the realization of Ghana’s socio-economic development agenda and efforts to promote bilateral trade and foreign direct investments.
Latest Stories
-
Fuel prices to ease from May 16, 2024 – IES
7 mins -
Man found dead in bush at Bibiani Anhwiaso Bekwai
12 mins -
8 critical ways to fix your broken marriage after your wife’s affair
19 mins -
Cedi to continue losing streak; depreciates by about 17% to dollar
21 mins -
Until we enforce our laws, we cannot solve the galamsey problem – Fred Dzanku
31 mins -
14 tiny habits that will kill you before you know it
34 mins -
Withdraw book assessment and approval role from NaCCA – Publishers Association to Parliament
42 mins -
KMA’s ‘missing’ GH¢3.6m: Bright Simons files RTI request demanding details
43 mins -
Living with lupus: Gloria Dennis shares her 20-year journey
49 mins -
4 tiny things to do every single day for your mental fitness
51 mins -
Uefa wants only captains to speak to refs at Euros
1 hour -
CalBank temporarily suspends GH¢600m capital raising
1 hour -
Nana Bonsu II calls for presidential intervention on illegal mining
1 hour -
T-bill yields to continue downward trend
1 hour -
Bond market: Market turnover tumbled by 60.22% week-on-week to GH¢307.23m
1 hour