We are going to leverage on AfCFTA and other trade agreements to increase our exports - Ofosu-Adjare

Accra, Ghana - 22 Jan, 2025 - Ghana is poised to harness the benefits of the African Continental Free Trade Area (AfCFTA) to drive export growth and create jobs for its youth, according to Minister-Designate for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare.

Speaking during her parliamentary vetting, Mrs. Ofosu-Adjare emphasized the importance of AfCFTA in expanding Ghana's export markets and reducing its trade deficit. She described the agreement as a "game-changing opportunity" for Ghana to become a leading exporter of goods and services within Africa.

To capitalize on this opportunity, the Minister-Designate plans to work closely with AfCFTA's structures and other international trade bodies to ensure Ghanaian products meet global standards. This strategy is expected to increase Ghana's foreign exchange earnings and provide sustainable jobs for its youth.

“Once we produce more, the whole idea is to export and fortunately for us, there are trade agreements and we are going to leverage on 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.

“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 on the trade agreements that we have to ensure that our products are exported,'' she added.

Source: Lead News Online