THE SECRETARY GENERAL OF THE MINISTRY OF FOREIGN AFFAIRS OF ROMANIA VISITS THE CHAMBER
The Secretary General of the Ministry of Foreign Affairs of Romania,
Ambassador Cosmin Dinescu paid a curtesy call on the Chamber on 20th October, 2017 at its National Secretariat, World Trade Centre, Accra. The Ambassador, who was accompanied by two officials from the Romanian Ministry of Foreign Affairs was received at the Chamber by the Chief Executive, Mr. Mark Badu-Aboagye.
The purpose of the visit was part of Romania’s efforts to strengthen its economic ties with Ghana and identify investible opportunities in the country. Mr. Dinescu indicated Romania’s readiness to do business in Ghana and enquired about the economic climate of the country and priority areas of the government and the private sector for investment.
In his response, Mr. Badu-Aboagye said the effort by Romania to strengthen economic ties with Ghana is very welcoming since trade between the two countries is currently on the lower side. He spoke about agro processing, real estate and infrastructure and ICT as some of the priority areas for investment and indicated the Chamber’s readiness to assist Romania to do business in the country. He enumerated various incentives the government has put in place to attract investors into the country, including the Free Zones. He spoke about how inflation and exchange rates have stabilized and the strong legal system that protects investors.
Mr. Badu-Aboagye also spoke about the economic stability the nation has enjoyed for some time now and the government’s Flagship programme; the One District One Factory Policy.
The Chief Executive proposed the signing of Memorandum of Understanding (MoU) between the Ghana National Chamber of Commerce and Industry and the Romanian Chamber. Both parties also supported the idea of a trade and investment mission to the two countries (Ghana and Romania)