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Ghana, France sign MOU to
enhance joint investment
Accra June 12, Ghanadot/GNA- A Memorandum
of Understanding (MOU) which seeks to commence the
establishment of a Ghana-France Business Council (GFBC) in
the country was on Thursday signed in Accra.
The GFBC is to enhance private sector bilateral trade
investment relations and create suitable climate for joint
investment projects which would address the urgent needs of
the continent.
Mr Osei Boeh-Ocansey, Director General, Private Enterprise
Foundation (PEF) and Patrick Lucas, president, Africa
Committee, Mouvement Des Enteprises De France (MEDEF) signed
for Ghana and France respectively.
Association of Ghana Industries, Ghana National Chamber of
Commerce and Industry, Ghana Chamber of Mines and Federation
of Association of Ghanaian Exporters are some of the
beneficiaries under the MOU.
Mr Boeh-Ocansey said the PEF and MEDEF desired to expand and
improve mutual relations in the field of economic and trade
co-operation.
He said that one of the goals of the MOU was to create
development goals among Ghanaian and French companies.
The Director General said GFBC would also promote the
interests of Ghana and France through various events and
encourage alliance between enterprises in the two countries.
He mentioned transport, tourism, building of skilled
workforce, Science and Technology and Energy, as some of the
areas of importance that the two countries would be looking
at.
Mr Boeh-Ocansey said the private sectors of the two
countries recognized the vast opportunities associated with
some challenges and emphasized the need to have both
countries to assist in the creation of new African
entrepreneurship.
Mr Wilson Krofah, President of PEF said the foundation was
pleased to have signed the MOU, adding that, in a globalised
world the two countries needed to work together for each
others mutual benefit.
According to Mr Krofah, the MOU would go a long way to
enhance and promote West African integration.
Pierre Jacqpmout, the French Ambassador in Ghana said the
two countries have worked together for the past 50 years,
especially with the small and medium scale companies.
He mentioned banana and pineapple as some of the major crops
that Ghana exports to France and hoped that the MOU would
afford more companies to sign new contracts with their
French counterparts.
Mr. Emile Nanga, leader of Cote d’Ivoire’s business
delegation stressed the need to reduce physical barriers on
Ghana’s borders, noting that many of the barriers were not
facilitating efficient trade.
He was optimistic that the commencement of GFBC would bring
a lot of success to the whole continent, especially to Ghana
and France.
GNA
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