• Latest
  • Trending
  • All
Gallery

Trade Minister proposes Ghana-Canada business council

April 18, 2021
Ga’s will feature prominently in my gov’t – Alan Kyerematen to Ga Mantse

Ga Mantse prays for Alan’s victory in the upcoming NPP Flagbeararship race

March 14, 2023
Former KMA Presiding Member Applauds Alan Kyerematen’s Decision to Downsize Government.

Former KMA Presiding Member Applauds Alan Kyerematen’s Decision to Downsize Government.

March 14, 2023
Resign as veep and face Alan so we can see who is who – Owusu-Amankwah to Bawumiah

Alan’s credibility alone makes him a perfect candidate for President – Former NPP MP

March 14, 2023
Ga’s will feature prominently in my gov’t – Alan Kyerematen to Ga Mantse

Ga’s will feature prominently in my gov’t – Alan Kyerematen to Ga Mantse

March 14, 2023
Use Ghana As A Springboard for AfCTA’s $3.3 Trillion Market-Kyerematen Tells Turkish Community

Solomon Owusu writes: Alan is an Achiever, an Asset for Today and Tomorrow

March 14, 2023
The Alan News (Publication 101)

The Alan News (Publication 101)

March 13, 2023
The Alan News Paper (100th Publication)

The Alan News Paper (100th Publication)

March 7, 2023
ELECTION 2024: THE RIVETING TINUBU-ALAN CONNECTION AND PREDICTION

ELECTION 2024: THE RIVETING TINUBU-ALAN CONNECTION AND PREDICTION

March 2, 2023
Alan Kyerematen supports funeral of Yagbonwura

Alan Kyerematen supports funeral of Yagbonwura

February 27, 2023
Alans’ Charge for Change

Alans’ Charge for Change

February 26, 2023
I’ve what it takes to break the 8 with NPP—Alan Kyerematen

I’ve what it takes to break the 8 with NPP—Alan Kyerematen

February 25, 2023
NPP Flagbearership: ‘I’m Not Happy’, Bawumia Is Being Surrounded By ‘Liars’ Who Want His Money – Alan’s Spokesperson

NPP Flagbearership: ‘I’m Not Happy’, Bawumia Is Being Surrounded By ‘Liars’ Who Want His Money – Alan’s Spokesperson

February 24, 2023
  • Alan’s Profile
  • Endorsements
  • Documents
  • Gallery
  • Contact
Monday, March 20, 2023
  • Login
THE ALAN NEWS
  • Home
  • General News
    • NPP News
    • Alan TV
    • Pro Alan Groups
  • 1D1F News
  • Projects
  • Wear Ghana
No Result
View All Result
THE ALAN NEWS
No Result
View All Result
Home Alan News

Trade Minister proposes Ghana-Canada business council

by THE ALAN NEWS
April 18, 2021
in Alan News
0
Gallery
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Mr Alan Kyerematen, has proposed to Canada to explore the possibility of establishing a Ghana-Canada business council to promote trade between the two countries.Mr Alan Kyerematen, has proposed to Canada to explore the possibility of establishing a Ghana-Canada business council to promote trade between the two countries.

The Minister of Trade and Industry, Mr Alan Kyerematen, has proposed to Canada to explore the possibility of establishing a Ghana-Canada business council to promote trade between the two countries.

The council, he explained, would provide an opportunity for the two counties to deepen their engagement in the area of business and private sector development.

Mr Kyerematen made the proposal when Canada’s High Commissioner to Ghana, Ms Kati Csaba, led a team of officials of the High Commission to pay a courtesy call on the minister in Accra.

He said the strategic platform would address potential challenges in the commercial relations between the two countries, and facilitate trade and investments between them.

The council, he said, would further support the ministry’s ongoing efforts to identify business opportunities and other trade and investments related activities that could be exploited by private sector operators of both countries for the enhancement of bilateral economic, trade and investment co-operation.

Bilateral relationship

He assured Canadian investors that Ghana was ready to serve as the entry point for Canadian investments in the sub-region to take advantage of regional market opportunities under the African Continental Free Trade Area (AfCFTA), which had an estimated market size of over 1.2 billion consumers.

Ghana and Canada, Mr Kyerematen said, had enjoyed close bilateral relations for over a century, with relations covering high level of cooperation in trade, investments, development, and humanitarian assistance.

Ghana, he said, intended to leverage the strong bilateral relationship between the two countries by making Canada a destination market for value added goods produced in Ghana under the Industrial Transformation Programme being implemented by the Ministry of Trade and Industry (MOTI).

Under the programme, he said, Ghanaian and Canadian investment partnerships in Ghana could benefit from Canada’s experience in vehicle assemblage and manufacturing of machinery and component parts, fertilisers and industrial chemicals.

AfCFTA

The Canadian High Commissioner welcomed the idea of establishing a business council in Ghana to promote trade and investment between the two countries.

She congratulated Ghana on hosting the AfCFTA secretariat and playing a leadership role in its establishment.

Ms Csaba said AfCFTA offered opportunities for intra-African trade, and that Canada, a trading country, was looking at how it would benefit from the linkages and increase its trade on the continent.

She said Canada had over the years enjoyed good cooperation in the area of business and trade with Ghana, and was poised to expand its trading relationship with Ghana.

“We are conscious of Ghana’s initiative to move beyond aid and move towards more mature relations with other countries,” she said.

Letter from Ghana

The High Commissioner disclosed that last year President Nana Addo Dankwa Akufo-Addo wrote to the Prime Minister of Canada, Justin Trudeau, outlining some specific areas where Ghana was looking for cooperation with Canada, particularly in the area of trade and investment.

The letter from President Akufo-Addo, she said, included a list of industries that offered good investment for Canadian businesses.

Already, she said, the trade team from the High Commission was going through the list and matching them with Canadian companies.

She said currently a Canadian company, under the one-district, one-factory programme of the Ghana government, was producing fire suppression technology, which would be marketed in Ghana and other African countries.

Ms Csaba said Canada and Ghana were engaged in forging investment promotion and protection agreement, but the processes had paused to enable Canada to undertake a full review of the agreement.

“The Government of Canada expects that companies will fully respect Canadian laws and the laws of countries they operate in, including respect for human rights and labour laws. There is a body that governs the behaviour of Canadian companies operating abroad,” she said.

Ms Csaba said Canada had increasingly focused its development activities around sustainable economic growth as part of ways of moving beyond aid relationships.

In line with this, she said, 70 per cent of Canada’s development portfolio was focused on inclusive development growth in the agricultural value chain, the development of micro, small and medium enterprises, and gender equality and women empowerment.

Canada, she said, recently unveiled four major projects valued at $40 million which focused on women development.

Tags: Alan John KyerematenTrade Minister
Share196Tweet123Share49
THE ALAN NEWS

THE ALAN NEWS

  • Trending
  • Comments
  • Latest
Alan Kyerematen is the new Heartbeat of Ghana

Alan Kyerematen is the new Heartbeat of Ghana

January 9, 2023
NPP Postpones Top Level Meetings

NPP Postpones Top Level Meetings

January 28, 2023
Hopeson Adorye Sacked from his Job for Supporting Alan Kyerematen

Hopeson Adorye Sacked from his Job for Supporting Alan Kyerematen

November 25, 2022
Gallery

Addressing The Misconceptions About ‘Alan Cash’

24

Alan John Kyerematen

0
Trade Ministry calls for public recommendations on automation of state institutions

Alan’s Agenda Of Job Creation For All – 1D1F THE GAME CHANGER

0
Ga’s will feature prominently in my gov’t – Alan Kyerematen to Ga Mantse

Ga Mantse prays for Alan’s victory in the upcoming NPP Flagbeararship race

March 14, 2023
Former KMA Presiding Member Applauds Alan Kyerematen’s Decision to Downsize Government.

Former KMA Presiding Member Applauds Alan Kyerematen’s Decision to Downsize Government.

March 14, 2023
Resign as veep and face Alan so we can see who is who – Owusu-Amankwah to Bawumiah

Alan’s credibility alone makes him a perfect candidate for President – Former NPP MP

March 14, 2023
THE ALAN NEWS

Copyright © 2022 The Alan News

Navigate Site

  • Alan’s Profile
  • Endorsements
  • Documents
  • Gallery
  • Contact

Follow Us

No Result
View All Result
  • Home
  • General News
    • NPP News
    • Alan TV
    • Pro Alan Groups
  • 1D1F News
  • Projects
  • Wear Ghana

Copyright © 2022 The Alan News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In