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MFARI to hold 2 stakeholders confab.

The Ministry of Foreign Affairs and Regional Integration (MFARI) will be holding its 2nd stakeholders' conference on economic diplomacy.

The conference, under the theme, 'Leveraging economic diplomacy for Ghana's Industrialisation Agenda', will engage stakeholders on how to promote made-in-Ghana goods and services as well as foreign investments.

The conference, which will take place from November 28th to 30th, at the Accra International Conference Centre would be the second successful stakeholders' meeting organised by the Foreign Affairs Ministry.

Single objective of the conference is to discuss and share information on best practices, as well as challenges faced by key stakeholders in the country's business environment.

Focal areas of discussion would include made-in-Ghana products, the 'Ten-point' strategy on industrialisation designed by the Ministry of Trade and Industry and Ghana's position on the African Continental Free Trade Area Agenda.

The Deputy Minister for MFARI, Charles Owiredu, announced this Friday in Accra. He said the conference would be an annual event that hopes to always bring together stakeholders to dialogue on trade and policies in Ghana and the continent as a whole.

However, this year's opening ceremony would be graced by the Vice President Dr Mahamudu Bawumia, Minister of Trade and Industry, Alan Kwodwo Kyerematen and Principal Policy Advisor-Capacity Development Division, UN Economic Commission for Africa, Dr Joseph Atta. Day '1'

There would a session dedicated to the discussion of Agenda 2063: a plan for Africa's structural transformation and it is anchored in seven aspirations of the AU including economic development, integrated continent, political unity, Pan Africanism and renaissance, African identity, good governance, peace, security and others.

Other items to be tabled for deliberation are the Sustainable Development Goals (SDGs), National Medium Development Framework 2018-21 and Ghana beyond aid, macroeconomic, current economic trends and opportunities in Ghana and Africa.

'The presenters will share with participants the key issues from the literature and practical experiences on central banking, their mandates as well as fiscal policy'...

'The main focus of this session is to give an overview of current economic trends and opportunity in Ghana taking into account the socio-economic performance of Africa ad West Africa, in particular,' he said.

Day '2'

Two sessions were scheduled to respectively cover the overview of Africa's Regional Integration Agenda and Continental Free Trade, Boosting Inter-African Trade and Trade facilitation.

He said participants would in the first session brainstorm on challenges, opportunities and the way forward Africa's regional integration and Ghana's contribution in shaping the regional integration agenda.

In the other half of the day, presenters will focus on the progress made with preparation towards the launching of the Africa Free Trade Area (CTFA) as well as the intra-African trade and its strategies, challenges and way forward.


The Deputy Minister for Finance, administration and board member of MFARI, Mohammed Habibu Tijan, will address and close the conference after fruitful engagement on industrialisation, productivity, competitiveness and value chains.

Thus, presenters would give overview of the country's industrial policy, value chains [with agriculture in as the focal point], productivity and competitiveness, promotion of the private sector, investment climate, challenges and remedies.

Mr. Owiredu, per the objective of the conference, concluded it was important for all stakeholders to understand the 'Ghana beyond aid' agenda of the government and work in pursuit of the vision in order to make a reality.

He also used the opportunity to invite all stakeholders and policy makers to participate in the conference.
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Publication:Ghanaian Chronicle (Accra, Ghana)
Geographic Code:6GHAN
Date:Nov 22, 2018
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