Ghana-EU Has Long-Standing Cooperation -Ayorkor To Ambassador-Designate

The Minister for Foreign Affairs and Regional Integration, Hon. Shirley Ayorkor Botchwey, has received Open Letters of  the Ambassador-Designate of the European Union (EU) to Ghana, Mr. Irchad Razaaly at Minister’s Conference in Accra.

The Hon. Minister Congratulated Mr. Irchad Razaaly on his appointment as the Ambassador of the EU to Ghana.

Honourable Ayorkor said GHANA-EU has a long-standing cooperation which dates back to 1975 with the signing of the first financial protocol, the Lome 1 Convention, between the EU and the African, Caribbean and Pacific (ACP) Member States.

She said the EU is Ghana’s largest multinational development trade partner and remains a favourite destination for investment in Africa. She highlighted the political stability, open democratic values, free media and vibrant civil society which Ghana enjoys and important Foreign Direct Investment (FDI) destination on the African continent as in 2017 ranked 7 out 54 countries.

The coming into force of the African Continental Free Trade Area (AfCFTA), with its Secretariat in Accra, Ghana and Africa with its huge market potential, presents an opportunity for increased trade and Ghana is well positioned to receive investors from the EU who wish to take advantage of the opportunities provided by the Free Trade Area, Honourable Ayorkor added.

On Anti-Money Laundering And Combatting The Financing Of Terrorism (AML/CFT), She Stressed that Ghana has been delisted from the Financial Action Task Force’s (FATF’s) grey list, highlighting Ghana’s commitment to combatting the financing of terrorism in line with international requirements;

The Hon. Minister concluded by saying her doors are opened for continuous cooperation with the Ambassador-Designate and wished him a successful tour of duty.


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