Audio By Carbonatix
Ghana has taken the lead in the implementation of the Continental free trade area (AfCFTA) with the introduction of initiatives that will enhance trading among the private sector.
To this end, the Minister of Trade and Industry, Alan Kyerematen has called on business owners in the country to collaborate with government on many of the policies to ensure that Ghana gets the maximum benefit from the agreement.
He disclosed that, so far, Ghana is one of the first countries to have set up steering committees and other bodies to supervise the implementation process.
Mr Kyerematen was speaking at the AB and David Crystal Ball Africa in Accra on Thursday.
The call by the Trade Minister follows series of concerns raised by some members of the business community over Ghana's readiness to implement the most ambitious trade deal.
“With about six month to commence official trading under the agreement, Ghana has put in place several industrial policies and programs that will boost the country's competitiveness in the continent.”
Speaking at the AB and David Crystal Ball with the focus on the African Continental free trade agreement and business without borders, Alan Kyeremanteng said a lot is being done by government to achieve the full benefits.
“Government's high level committee on the national strategy for the implementation of the Continental free trade agreement has begun work to ensure that Ghana gets the full benefit of the free trade agreement. The move is aimed at developing the enabling environment for Ghanaian industries to trade under the agreement.”
Director at the Department of Trade and Industry for the African union, Hassan Hussein has promised that efforts are being made to ensure that financial challenges are addressed for African businesses.
The Crystal ball is an annual gathering of business executives and industrial sector players to project the business environment for the year.
Latest Stories
-
‘Resign and join NDC’ – NPP tells Chief Justice over alleged political commentary
2 minutes -
Underage riders driving motorcycle crashes, union claims
14 minutes -
About 14,800 candidates with aggregates 6–12 apply for 1,300 Achimota places – CSSPS
27 minutes -
PETROSOL engages dealers to strengthen retail network and improve customer experience
40 minutes -
GRIDCo warns encroachers as activities under high-voltage lines threaten power supply
46 minutes -
The coup doesn’t need soldiers anymore: Social media and the new assault on African democracy
56 minutes -
Works and Housing Minister pushes to cut Kaneshie road closure from one year to 6–9 months
59 minutes -
Joy FM Back-to-School Fair: Patrons to enjoy up to massive discounts from vendors
1 hour -
Mahama gives TMA, TDC 14 days to resolve development control dispute
1 hour -
‘We cannot arrest the entire school, but we know the ringleaders’ –– Police warns Okuapem, Mount Sinai students
1 hour -
UN warns of ‘supersized’ El Niño as countries prepare for impact
1 hour -
Channel smuggling gangs resort to ‘mega-dinghies’ as crackdown limits small boat supply
1 hour -
Embattled Spanish PM Sánchez insists no prior warnings before Ceuta crisis
1 hour -
Palestinian teens killed during settler attack on West Bank village, officials say
1 hour -
Foreign Affairs Ministry responds to Fourth Estate attestation investigation, bars middleman from premises
1 hour