The CPP has condemned the President's foreign policy for its dependent nature as Ghana celebrates 50 years. According to the Network Herald newspaper, the party also condemned the reigning notion that the transformation of the country's economy should be at the instance of foreigners. At a symposium at Kpando in the Volta region to commemorate the country's 50th independence anniversary attended by leading members like Dr Gamel Abdel Nasser, Kwesi Pratt Jnr, Kojo Armah MP for Evalue-Gwira, Mike Eghan and Iddi Egala, the CPP also expressed worry that most of the tenure of President Kufuor has been used to crisscross the globe ostensibly to woo foreign investors. "This has been the cornerstone of President Kufuor's economic and foreign policy both of which portray that familiar build in commitment to dependency the party noted". The symposium was under the theme "Kwame Nkrumah in Contemporary Ghana". According to the political institution under whose tutelage independence was won noted that the policy of the Kufuor administration was anchored on the false premise that shortage of foreign capital was the real source of Ghana's under development. This false premise they contended had led to the false conception that a Foreign Direct Investment especially those from Multinational Corporations would engender the needed socio-economic transformation. On the contrary the party reasoned that the so-called FDIs have resulted in the pillage of the country's resources, super exploitation, retardation, structural distortions of the economy and the subversion of national consciousness. "The foreign investments that have trickled in over the past years and decades have concentrated on mining and the consequence has been unmitigated disaster of monumental proportions." It described the activities of multinational corporations as most insidious and subversive of national conscience. The CPP suggested that as a first step towards redemption, the leadership of the country should decide on the type of society it wished to create, a dependent neo-colonial one or a self-reliant and independent country. Source: Network Herald