Ghana reaffirms commitment to strengthen trade ties with United States.

Jerry
By Jerry
1 Min Read

Madam Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness and Industry, has reaffirmed Ghana’s commitment to deepening bilateral relations with the United States and sustaining dialogue on trade policy matters affecting both economies.

She made the remarks during a meeting with senior officials of the United States Department of Commerce in Washington, D.C., as part of efforts to enhance economic and trade cooperation.

A statement copied to the Ghana News Agency said the meeting took place against the backdrop of the United States’ “America First” Trade Policy and the imposition of a 10 per cent blanket tariff on shipments from several countries, including Ghana.

Topics discussed included the African Growth and Opportunity Act (AGOA), Local Content Policy, Import Regulations, Outstanding Debts to U.S. Companies, and the Trade and Investment Framework Agreement (TIFA).

Mrs. Ofosu-Adjare underscored AGOA’s contribution to attracting United States investment, especially in Ghana’s garment and textile sector.

With AGOA due to expire in September 2025, she reiterated Ghana’s backing for its renewal, describing it as a “win-win” arrangement that had benefitted both nations.

On Ghana’s local content policy, discussions reviewed its impact on U.S. mining firms operating in the country.

Source: Ghanabusinessnews

Share this Article