03 Jan Ghana’s trade Minister to lead a forum on Afcfta
By Enoch Adjei
2 mins read
Ghana, the host of the Secretariat of the Africa Continental Free Trade Area (AfCFTA) is set to become the first African country to commence trading on the AfCFTA trading platform.
The Minister for Trade and Industries, John Alan Kwadwo Kyeremanteng will on Tuesday 5th January, 2021 lead a forum on the start of AfCFTA trading in the country.
The forum is to engage key stakeholders of the operationalization of the AfCFTA platform.
President Akuffo Addo who is the chairman for the Economic Community of West African States(ECOWAS) and the president-elect of Ghana will deliver a keynote address at the forum.
AfCFTA is an agreement among 54 African countries with an estimated potential of boosting Africa Trade by 52.3 per cent by eliminating import duties.
It seeks to establish single market goods and services allowing for free movement of business travellers and investments.
AfCFTA also operates as an autonomous organ of the African Union charged with implementing the decisions of the higher organs of the body in respect of the wide array of areas covered by the Agreement, ranging from industrialization to Intellectual Property, and from trade in professional services to the harmonisation of standards for manufactured goods.