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Govt will leverage AfCFTA, other trade agreements to promote exports - Ofosu-Adjare

22nd January 2025 2:55:11 PM

2 mins read

By: Andy Ogbarmey-Tettey

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Govt will leverage AfCFTA, other trade agreements to promote exports - Ofosu-Adjare

Minister-Designate for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has reaffirmed the government's commitment to utilizing trade agreements, particularly the African Continental Free Trade Area (AfCFTA), to boost Ghana's export sector and create sustainable employment opportunities.

Appearing before Parliament's Appointments Committee on Wednesday, January 22, Mrs. Ofosu-Adjare outlined the government's strategy to position Ghana as a leading exporter within Africa, leveraging the AfCFTA agreement and other international trade frameworks.

“Once we produce more, the whole idea is to export, and fortunately for us, there are trade agreements. We are going to leverage the African Continental Free Trade Area (AfCFTA) and other trade agreements to promote our exports, to make sure that we have the market for the products that we produce,” she emphasized.

Mrs. Ofosu-Adjare described the AfCFTA as a transformative opportunity for Ghana to access larger African markets, ensuring that the country’s products gain visibility and demand beyond its borders. She noted that this aligns with the government's broader goal of establishing a 24-hour economy to stimulate production and job creation for the youth.

“The whole idea of providing jobs for our teaming youth is through the 24-hour economy, and so as we produce, we are looking for markets, leveraging the trade agreements that we have to ensure that our products are exported,” she stated.

With Ghana hosting the AfCFTA Secretariat in Accra, the Minister-Designate highlighted the country’s strategic advantage in becoming a hub for intra-African trade. She revealed plans to work closely with AfCFTA structures and other international trade organizations to enhance the quality of Ghanaian products, ensuring they meet global standards and remain competitive in international markets.

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