Tag: Trade Ministry
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AfCFTA provisions will handle trade barrier issues like Nigeria’s border closure – Alan
Ghana’s Minister for Trade and Industry, Alan Kyerematen, says Nigeria’s continuous border closure with Benin that has affected Ghana and other countries, may not have any impact on the implementation of the African Continental Free Trade Area. There are concerns that the closure of the critical border to Africa’s largest economy will thwart the objective…
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AfCFTA implementation: Technical working groups inaugurated to work on Ghana’s Action Plan
In order to fast-track trade within the African continent, and ensure that Ghana derives maximum benefit from the African Continental Free Trade Area, ACFTA, the Trade and Industry Ministry, has constituted technical working groups to work on a seven cluster initiative. The Minister, Alan Kyerematen, who inaugurated the groups, says the move is to ensure…
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Trade Ministry woos 1D1F investors with bank facilities
The Trade and Industry Ministry says businesses that are still interested in government’s District One Factory Programme, should not be discouraged in terms of access to funding because ten banks including GCB Bank and Exim Bank are currently supporting the project. It says over 80 factories are already operating under the 1D1F project. “Now we…
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Review GIPC law on retail trade – Nigerian traders appeal Ghana Gov’t
The Nigeria Union of Traders Association, Ghana, is asking the government of Ghana to intervene in the closure of shops belonging to their members. Members of Ghana’s main traders’ union, GUTA, have repeatedly locked up shops belonging to foreigners in Kumasi and Accra citing existing laws on retail trade in Ghana which bars foreigners from…