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
-
GIZ, Zoomlion and Blue Skies launch InnoWaste Project to create jobs and tackle plastic waste in Ghana
3 minutes -
‘The emotional journey is difficult, but you don’t stop’ – Antoine Semenyo’s mother on diaspora struggle
8 minutes -
‘Football in Ghana is about blood and legacy’ – Antoine Semenyo’s mother urges diaspora parents
18 minutes -
QNET, Manchester City bring world-class football coaching to Ghana’s young talent
19 minutes -
Emma Ankrah: Between quiet questions and the will to continue
22 minutes -
Ghana’s economy shows strong recovery after “inherited crisis” – Ato Forson tells Parliament
24 minutes -
No further IMF financial bailout will be required in the foreseeable future – Finance Minister
25 minutes -
Learning from Ukraine, Hezbollah is now using fibre-optic drones to hit Israel
25 minutes -
Teenager arrested at Senya Beraku for alleged defilement of 15-year-old girl
26 minutes -
Ghana has moved from IMF ‘supplicant’ to partner – Ato Forson declares as economy surges past $100 Billion
27 minutes -
“Ghana has moved from ICU to wellness center” — Finance Minister declares economic recovery
49 minutes -
Ato Forson highlights “turning point” in economic recovery strategy
53 minutes -
NACSA Seminar: Gender Minister demands an increased role for women to end gun violence
58 minutes -
Full text: Statement on Ghana’s new engagement with IMF
1 hour -
US trade mission to visit Ghana
2 hours