Audio By Carbonatix
Business owners across the 16-member Economic Community of West African States (ECOWAS) bloc, government officials and their counterparts from China have converged in Accra to discuss mutual areas of interests and co-operation at the second edition of the ECOWAS-China economic and trade forum.
China hosted the first edition a year ago and Ghana won the bid to host it after several offers from other countries in the sub-region.
Ghana’s Foreign Minister, Alhaji Muhammad Mumuni who opened the forum stressed the need for deepened economic ties between Africa and the Asian giant, China.
Vice Chairman of the China Council for the Promotion of International Trade (CCPIT) who led the Chinese delegation, Yu Ping said China is willing to promote Investment Corporation in the ECOWAS region.
The President of the Federation of the West African Manufacturer’s Association (FEWAMA) Alhaji Bashir Borodo complained some ECOWAS states have fallen victim to the Chinese onslaught on their private sectors leading to their closure as well as threatening to break the existing bond and friendship.
The two-day forum is under the theme “institutionalizing strategic economic partnership between ECOWAS States and China”.
Ghana’s deputy Trade and Industry Minister, Dr. J.S Annan announced plans by government to implement a five-year industrial sector support programme (ISSP) intended to encourage growth in the business sector.
The project, he said, will cost 350 million dollars.
He encouraged Chinese investors to take advantage of fair trade policies existing in West African states to expand their investments.
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 has moved from ICU to wellness center” — Finance Minister declares economic recovery
15 minutes -
Ato Forson highlights “turning point” in economic recovery strategy
18 minutes -
NACSA Seminar: Gender Minister demands an increased role for women to end gun violence
24 minutes -
Full text: Statement on Ghana’s new engagement with IMF
31 minutes -
US trade mission to visit Ghana
1 hour -
Tempane: Three suspects arrested over deadly Worinyanga attacksÂ
1 hour -
EU fines Temu €200m for allowing sale of illegal products
1 hour -
Portugal breaks hottest May day record as Europe swelters in heatwave
1 hour -
KetaFC celebrates “vindication” after Volta RFA Middle League controversy
1 hour -
Professor Joseph Ofori-Dankwa receives 2026 Lifetime Leadership Impact Award
1 hour -
United Pension Trustees advocates menstrual hygiene awareness and support for girls in Juaben
1 hour -
The age when the body starts ageing faster
1 hour -
Controversial Volta RFA verdict triggers calls for GFA intervention
1 hour -
AIMS Ghana, University of Waterloo lead push for stronger mathematics education at HTTMC 2026
1 hour -
NADMO dismisses claims residents were not warned before Weija Dam spillage
3 hours