Business News of Wednesday, 29 January 2020Source: www.classfmonline.comAfCFTA: Ghana to bridge EU and Africa market – Ayorkor BotchweyShirley Ayorkor Botchwey with Vice President Mahamudu Bawumia in the centreMinister for Foreign Affairs and Regional Integration Shirley Ayorkor Botchwey has noted that Ghana possesses a significant potential that could bridge the gap between the Euro-African trades and investment market. According to the Minister, the decision by the African Union (AU) to host the Secretariat of the African Continental Free Trade Area (AfCFTA) in Ghana has poised government to design and implement effective strategies and policies to support the rapid and inclusive growth of the economy. Speaking at the Ghana-EU political dialogue on Wednesday, 29 January 2020 in Accra on the theme: “Ghana and EU: Partners for the Future”; Botchwey stated that as host of the AfCFTA Secretariat the country is scheduled to implement the interim EPA. Once this is done, the minister believes "Ghana could serve as the bridge between the African continent and the EU if the appropriate engagements are made". These initiatives according to Mrs Botchwey are all geared towards creating jobs and economic opportunities for the youth in particular, while transforming the economy from over-reliance on aid to trade.
Source: GhanaWeb January 29, 2020 15:00 UTC