BUSINESS

Ghana ready to double trade volume with Turkey – Deputy Trade Minister

Deputy Minister for Trade and Industry and Member of Parliament for New Juaben South, Michael Okyere Baafi, says Ghana is ready to double its trade volume with Turkey which currently stands at USD $500 million dollars at the end of 2020.

Deputy Minister for Trade and Industry and Member of Parliament for New Juaben South, Michael Okyere Baafi, says Ghana is ready to double its trade volume with Turkey which currently stands at USD $500 million dollars at the end of 2020.

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Speaking during the Ministerial meeting at the 3rd Turkey Africa economic and business forum which is underway in Istanbul, Turkey, Deputy Trade and Industry Minister, says Ghana’s current economic outlook and investment climate have deliberately been instituted by the government to ensure that investors and their investments are protected.

 

Deputy Minister for Trade and Industry and Member of Parliament for New Juaben South,
Michael Okyere Baafi, addressing the ministerial meeting

“Ghana is ready to host turkey businesses. Ghana is a friendly country and a very viable place for business. We hope Turkish businesses will be interested to come and settle in Ghana in the areas of Agribusiness, infrastructure development, health care, industrial park development and other key sectors” Michael Okyere Baafi said.

Forum Participation

Ghana is among some 45 African countries participating in the 3rd edition of Turkey – Africa Economic Forum which began in the Turkish capital, Istanbul today, 21st, and ends tomorrow 22nd October 2021.

Some African leaders, heads of governments, officials of the AfCFTA, as well as Trade and Industry Ministers are participating in the two-day event.

Set Targets

The Forum is mainly aimed at promoting Turkish and African investments by analyzing trade and economic relations between Africa and Turkey.

Tow officials of the Ministry of Trade and Industry and their Turkish contact person at the Forum

It is also aimed at highlighting the Expectations engendered by Agenda 2063 as a program for social, economic, and political transformation that will make Africa a prosperous, united, and economically independent Continent.

According to official communication from the Turkish government, the four main objectives the Forum aims to achieve at the end of the two-day engagement are first, raising the awareness of Turkish/Africa business circles about the investment and business opportunities in Africa and Turkey.

Second, raising awareness on the African Continental Free Trade Agreement (AfCFTA) and its reflections for the public and private sectors.

Third, identifying possible future directions for Turkey-Africa partnership within the trade, investments, technology, and logistics nexus and lastly, channeling private sector of Turkey and of African countries towards commercial, industrial, and technological partnerships.

A cross-section of participants at the ministerial meeting held as part of the 3rd Turkey Africa Economic and Business Forum

The will as see to increasing interaction among the business communities of Turkey and Africa as well as pursue the strengthening dialogue platform with the African Regional Economic Communities.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: asaaseradio

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