Audio By Carbonatix
Ghana has urged the Commonwealth of Nations to prioritise the removal of tariffs and trade barriers among its member states as part of efforts to deepen economic cooperation and expand trade opportunities.
Speaking at the 26th Commonwealth Foreign Affairs Ministers Meeting in London, held under the theme “The Commonwealth at a Moment of Strategic Opportunity,” Foreign Affairs Minister Samuel Okudzeto Ablakwa said the organisation should position itself as a multilateral bloc that promotes open trade rather than protectionist policies.
He said tariffs and other barriers continue to hinder trade flows within the bloc.
“Ghana commends the Commonwealth for the reforms that have been well outlined. We should remove trade barriers and ensure that we enhance our fortunes as we pursue economic diplomacy,” Mr Ablakwa said.
He noted that the Commonwealth has an opportunity to distinguish itself globally by encouraging economic diplomacy and facilitating trade among its members.
“We must present the Commonwealth as a different multilateral organisation that does not believe in tariff wars,” he added.
The minister also highlighted Ghana’s role in continental trade integration, noting that the country hosts the secretariat of the African Continental Free Trade Area Secretariat, which aims to create the world’s largest free trade area by the number of participating countries.
Latest Stories
-
Journalists look back on a decade of breast cancer reporting in Ghana
10 minutes -
President Mahama ends Resetting Ghana tour of Ahafo Region
2 hours -
African negotiators seek delivery of climate commitments at COP31
2 hours -
BoG develops AI rules for financial sector
2 hours -
‘Big Push’: Government assures contractors of prompt payments
2 hours -
Court fines miner for breaking into gold buying shop
2 hours -
Tarkwa court jails labourer for three years over GH¢123,000 theft
3 hours -
GAEC must retain nuclear scientists for Ghana’s nuclear ambitions – Minister
4 hours -
Man reportedly mistaken for game and shot by hunter dead in forest
4 hours -
19-year-old mason jailed 15 years for defiling seven-year-old pupil
4 hours -
Ghana’s banking sector assets rise 20.47% to GH¢500.2bn – BoG Governor
4 hours -
22 injured as Sprinter bus overturns at Sege after tyre burst
4 hours -
UN housing expert urges Ghana to strengthen Rent Control Department amid housing affordability concerns
4 hours -
Delta-BCI partnership reaches 166,000 people with breast cancer education
4 hours -
Power restoration fault suspected in Kumasi Central Market fire
9 hours