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October 2017
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EDITO
Thursday, 19 October 2017

A delegation of business people from Ghana are in the Netherlands to look for opportunities in food processing technologies and packaging, a joint press release from the Netherlands Embassy in Ghana says. The 23-member delegation from Ghana led by the Private Enterprise Federation (PEF), the Association of Ghana Industries (AGI) and GhanaVeg is on a week-long tour with the goal of promoting cooperation, investment and knowledge exchange between Ghanaian and Dutch businesses, the release said.The release noted that the delegation is visiting a wide range of companies in the Netherlands active in fruit and vegetables processing, aquaculture and other industries.

Wednesday, 10 May 2017

Operationalizing the Organization of Eastern Caribbean States (OECS) Customs Union, which will result in the removal of barriers to free trade in the region, is being strengthened through a series of regional capacity building consultations being undertaken by the OECS Commission. These sessions will provide a clearer understanding of the new era in domestic, regional and international trade for the seven OECS Protocol Member States, which would include the removal of import formalities on goods traded within the Customs Union and the harmonization of border and regulatory procedures with respect to goods imported from countries outside of the region. To date, the Commission has held consultations in St. Vincent and the Grenadines, Dominica, Montserrat and St. Kitts and Nevis on the work undertaken to establish the Customs Union and Free Circulation of Goods.

The African Caribbean and Pacific (ACP) Council of ministers began a meeting here yesterday with a call on the 79-member grouping to meet their financial obligations so as to allow their group to better survive a changing global environment.The Guyanese ACP Secretary General Dr Patrick I Gomes, addressing the 105th Council Session, said that a prerequisite to the continued well-being of the ACP Group in general, and the Secretariat in particular is to better serve all our stakeholders. “I would therefore like to appeal to member states to continue your efforts towards the timely payment of statutory obligations in order to improve our self-reliance and the smooth functioning of the secretariat

The European Commission (EU), confirmed that the EU-Africa Business Forum held a consultation with African business leaders. The EU announced its €4.1 billion External Investment Plan (EIP) ahead of the 2017 Africa-EU Heads of State Summit, at a Dialogue co-hosted by Africa investor (Ai) in Durban, South Africa on 3 May 2017.The EIP was announced for the first time in Africa and will exist to encourage investment in Africa and to strengthen partnerships that contribute to the attainment of the Sustainable Development Goals (SDGs). The facility is expected to leverage more than €44 billion of investments between now and 2020 and it will also facilitate blended finance instruments that catalyse EU and African private sector development.

The New Partnership for Africa’s Development is hoping to play a dominant role in strengthening ties between African countries that would boost traditionally low levels of intra-African trade by focusing on trade corridors, or transit cross-border road networks. NEPAD, as the agency is more commonly known, plans to achieve its goals by tackling logistical transport concerns such as issues of tariff setting, duties and regulations, and harmonization through their Move Africa initiative, which launched in 2016. NEPAD, the technical body of the African Union, works specifically with regional economic communities in Africa to select projects and programs to support.