By Classfmonline.com on 2019-05-14 07:36:34
President Nana Addo Dankwa Akufo-Addo, says Ghana stands ready to host the Continental Secretariat of the African Continental Free Trade Area (AfCFTA) which would be responsible for the implementation of the African Union’s agenda of creating a single African Market to boost trade on the continent...
President Nana Addo Dankwa Akufo-Addo, says Ghana stands ready to host the Continental Secretariat of the African Continental Free Trade Area (AfCFTA) which would be responsible for the implementation of the African Union’s agenda of creating a single African Market to boost trade on the continent.
Addressing a Fact Finding Delegation of the African Continental Free Trade Area of the African Union (AU) at the Jubilee House when they paid a courtesy call on him, President Akufo-Addo said Ghana has played a very active part on the African Continent in ensuring its unity throughout the history of the continent and would like to continue in that role as far as the AfCFTA is concerned.
"We taught that it will be meaningful also, because we have the facilities, to offer our capital as the site of the secretariat of the trade area now that it is legally a reality" President Akufo-Addo said.
President Akufo-Addo, recalled how it was former President John Evans Atta Mills, who moved the motion for the adoption of the continental free trade concept and that, he said, demonstrates Ghana's systematic involvement in the AfCFTA.
"We believe we have the facilities here to be able to provide an efficient centre for the work of the Secretariat and above all, I think it is time AU itself did something to recognise Ghana's sacrifices and role and moves that have been made in bringing us all together" the President stated.
Ghana is one of the 52 out of the 54 African countries that have ratified the AfCFTA agreement. The agreement creates a single market for goods and services facilitated by the free movement of persons in order to deepen the economic interest of the African continent in accordance with the pan African vision. African heads and governments in 2012 agreed to the establishment of a continental free trade but only started negotiations in 2015. Expected to be signed by all the 55-member states of the African Union, the agreement will bring 1.2 billion people with a combined Gross Domestic Product (GDP) of more than $2 trillion. The agreement will also liberalise services and aims to tackle so-called “non-tariff barriers” which hamper trade between African countries, such as long delays at the border. This will eventually ensure free movement of people and possibly a single currency could become part of the free trade area.
President Akufo-Addo expressed hope that after the four-day facts finding mission, the team would leave Ghana convinced about Ghana's bid.
"We anticipate that when it comes to writing your report, Ghana will feature very strongly in it" the President said.
The facts finding delegation is led by Ambassador Rosette Nyirinkindi Katungye. It also includes Mr. Prudence Sebahizi, Mr. Chiza Charles Newton CHIUMYA, Dr. Guy - Fleury Ntwari, Engineer Alem Gebreamlak Kidane, Ms Lesedi Rantao, Mr. David Luke, Mr. Inye Briggs and Mr. Michel Jeremias Freire Cabral.
Ambassador Rosette Nyirinkindi Katungye, in a brief remark said the delegation is looking forward very much to tour Ghana. Among other things, the bidding team of Ghana led by the Minister for Trade and Industry, Alan Kyeremanteng, will present Ghana's file to the delegation. The two teams will visit the Export Trade House which is the proposed building for the AfCFTA Secretariat. They will also visit the Accra International Conference Centre, Ghana International school and Chain Homes Residence, the proposed residence for the head of the Agency. The fact finding delegation before departing Ghana on 16th of May 2019 will visit the Asantehene Otumfuo Osei Tutu II at the Manhyia Palace.
Bawumia’s full EMT town hall speech
Man gets tens of thousands of birthday calls after sons post his phone number on billboards
Ghana may auction Eurobonds with or without final IMF review
Judge questions 1-yr delay in prosecuting man who set 11-yr-old boy ablaze
Muntari joins Spanish side Albacete on one-year deal
MTN Ghana bags GHS1.6 bn profit
A piece of my mind: Knowing when to walk away
‘Ignore purported list from Special Prosecutor’
Leave a reply
your email address will not be published
Arhinful wants Gyan at Afcon
By Classfmonline.com on 2019-05-15 09:46:14
MTN Ghana bags GHS1.6 bn profit
By Classfmonline.com on 2019-05-15 12:59:05
Support Ghana's AfCFTA Secretariat bid – Ablakwa
By Classfmonline.com on 2019-05-15 08:44:55
Wiyaala to discuss African music, film at Cambridge University
By Classfmonline.com on 2019-05-15 11:11:22
Uber offers ‘Quiet Mode’ for riders who don't want to talk to their drivers
By Classfmonline.com on 2019-05-15 08:05:37
Ban on PTA dues, levies still in force – GES
By Classfmonline.com on 2019-05-15 09:03:11
Opuni Case: Court accepts document copies as evidence despite missing originals
By Classfmonline.com on 2019-05-15 11:42:35
No.147 Roman Ridge,
Accra - Ghana.
Subscribe to our mailing list
We would never send you spam