Audio By Carbonatix
The Information Minister Kojo Oppong Nkrumah has assured that the PDS saga will not affect Ghana’s relationship with the United States of America.
According to him, there were no crises of confidence between the two countries instead, both countries shared varied opinions on the matter.
“We will continue to cooperate on many other development matters as we have them,” he said at a press briefing, Wednesday.
This comes after the government terminated the deal with the Power Distribution Services, despite stiff opposition from the U.S.
This termination came through following government’s insistence against the US government which insisted that the PDS concession should be sustained in order to save the $498 million compact with the Millennium Challenge Account.
Mr Oppong Nkrumah stated both countries only had a difference in opinion on the PDS matter and that would not hamper their relationship.
However, he mentioned that there is a possibility that the termination of the PDS contract will affect Compact 3.
He revealed that part of the pressure received was that if Ghana failed to agree to maintain PDS, the country will not be included in Compact 3.
Ghana has lost a $190 million granted by its US partners as part of a power concession agreement. A statement from the US embassy Tuesday said the Millennium Challenge Corporation (MCC) has confirmed that the money is no longer available after Ghana decided to terminate the concession agreement with Power Distribution Services (PDS).Meanwhile. the Information Minister has stated that government will continue to engage in this and other matters tied to this concession agreement.
Latest Stories
-
Mikki Osei Berko installed as chief in Adamorobe
5 minutes -
When the Stranger Becomes the Problem: A South African Parable
12 minutes -
Mali’s Defence Minister Sadio Camara killed in coordinated attacks on military sites
17 minutes -
Livestream: The Law discusses the legality of Ghana’s cocoa framework
19 minutes -
“My career had its major kick off from Ghana” – Klint Da Drunk
27 minutes -
Zambian journalist Lilian Chipeso calls for stronger African unity and intra-continental trade
30 minutes -
When the Stranger Becomes the Problem: A South African Parable
38 minutes -
Opportunities are endless — Goshers highlights Zambia’s agricultural potential and Ghana trade links
44 minutes -
Africa should be borderless — Zambia journalist Lillian Chipeso urges stronger intra-African unity and trade
47 minutes -
“I have forgiven her”- Pentecost chair replies Chief of Staff after apology on behalf of Free Zones CEO
1 hour -
Young people don’t take networking seriously —Founder, Abrantie TheGentleman menswear
1 hour -
Two killed as 50-seater bus overturns in Nkonya Bumbula crash
2 hours -
Photos: Mahama joins PIWC Trassaco congregation for thanksgiving service honouring Julius Debrah at 60
2 hours -
Police arrest suspect over murder of indian national in Kumasi
2 hours -
Chief of Staff tears as he apologises to Pentecost Church over Free Zones CEO’s conduct
2 hours