General News of Friday, 27 April 2018Source: Graphic.com.ghParliament ratifies African free trade agreementGhana's ParliamentParliament on Thursday held an emergency sitting to consider important national matters. One of the important items was the request by the House to ratify an agreement establishing the African Continental Free Trade Area (AfCFTA) which will expand opportunities for the export of the country's products and boost export earnings. The Minister of Trade and Industry, Mr Alan Kyerematen, presented the agreement to Parliament, after which the Speaker, Professor Aaron Mike Oquaye, referred it to the Joint Committee on Trade, Industry and Tourism and Foreign Affairs on the AfCFTA for consideration and report. The AfCFTA is a trade agreement among 44 African Union (AU) member states, with the goal of creating a single market and later be followed by free movement and a single currency union. Once all documents are concluded and ratified by at least 22 states, the free trade area would have formally come into existence.

Source: GhanaWeb April 27, 2018 09:45 UTC