
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
-
Litina Travel’s Made-in-Ghana World Cup Expo draws hundreds in Boston
58 minutes -
A time for everything: A case against mixing spirituality with work performance
1 hour -
Ghana’s crisis-to-recovery journey holds key lessons for Africa – BoG Governor
1 hour -
NCCE crowns the Constitution Week celebration with a competition
2 hours -
Northern Ghana receives life-saving dialysis machines, but urgently needs personnel
2 hours -
Ghana assumes leadership of RMU board, pledges reforms
3 hours -
World Cup 2026: Nine African nations reach knockout stage as Tunisia bows out
3 hours -
China commends Ghana for pursuing energy self-reliance
3 hours -
PSWU urges Fair Wages Commission to expedite payment of agreed allowances
3 hours -
Mahama demands strict quality checks before road payments
3 hours -
Dr Abu Sakara Foster enskinned as Kakulasewura of Mankuma
4 hours -
Mahama urges residents to constantly check their blood pressure
4 hours -
Croatia vs Ghana: We wanted to win, not settle for a draw — Thomas-Asante
4 hours -
UMAT lecturer calls for tax relief to drive rooftop solar adoption in Ghana
5 hours -
13-year-old Nana Akua Adomaa Adu-Mante publishes debut novel, inspires young readers
5 hours