Audio By Carbonatix
A Moroccan investment team on Monday met their Ghanaian counterparts to explore ways to deepen bilateral trade ties for the mutual benefit of both countries.
The investment team that is on a trade road show to four African countries is seeking partnership in areas of agri-business, information and communication technology, among others.
Addressing the delegation, the Minister of Trade and Industry Hannah Tetteh said trade between the two countries was skewed in favour of Morocco and that Ghana required more efforts to bridge the widening trade deficit.
Currently, Ghana imports from Morocco on average goods amounting to 60 million dollars annually while its exports to the North African country averaged 3 million dollars.
The minister said there was need to enhance the level of trade and suggested that the two countries identify the best ways through which to link up the business communities, facilitate efforts to develop and grow existing businesses and capacities as well as improve on the livelihoods of theirs peoples.
Morocco’s Minister of Foreign Trade, Abdelatif Mazzouz called for the establishment of a convention for the Avoidance of Double Taxation between the two countries, and the activation of the signing of the Agreement of the Promotion and the Reciprocal Protection of Investments the two countries already signed in 2005.
He said the promotion of a bilateral economic partnership between the two countries required the involvement of Moroccan and Ghanaian private sector players and stressed the need for the establishment of a legal framework in the fields of air and maritime transport.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ghana’s top 10 Non-Traditional Exports skyrocket to $3.28bn
29 minutes -
Cocoa paste leads Ghana’s top 10 non-traditional exports in 2025
1 hour -
See the areas that will be affected by ECG’s planned maintenance today, April 19
2 hours -
Dangote Refinery makes Nigeria a net petrol exporter for the first time
3 hours -
‘Let your loyalty be to the State’ – Sammi Awuku tells Security agencies
3 hours -
Amanda Clinton writes: Ghana’s OSP case and the global pattern of prosecutorial control
4 hours -
Carrick silences doubters as Man Utd close on Champions League
5 hours -
Assin Fosu paramount chief blesses John Boadu’s NPP Chairmanship bid
5 hours -
COPEC boss leads calls to axe Office of the Special Prosecutor
6 hours -
Strait of Hormuz closed again, Iran says, as ships attacked
6 hours -
Real Sociedad win Copa del Rey with shootout win over Atletico
7 hours -
Cunha gives Man Utd win at Chelsea to boost Champions League hopes
8 hours -
Mexico’s Sheinbaum denies ‘diplomatic crisis’ with Spain after conquest row
9 hours -
Pope says ‘tyrants’ speech was not aimed at Trump
9 hours -
AFCON: Morocco releases Senegal fans after sentences served
9 hours