Ghana Pursues Bilateral Investments With Trinidad & Tobago

The GIPC and GEPA representatives with officials of Trinidad & Tobago


Delegation from the Ghana Investment Promotion Centre (GIPC) and the Ghana Export Promotion Authority (GEPA) have met with representatives of Trinidad and Tobago’s Chamber of Industry and Commerce (TT Chamber) to consider Double Taxation and Bilateral Investment Treaties to enhance trading activities between the two countries.

The Delegation from Ghana further identified key sectors in Trinidad and Tobago that could enhance partnership between the two countries such as its manufacturing sector as a major area for collaboration with Ghanaian SMEs.

CEO of GIPC, Yofi Grant stated that an alliance between the two countries will produce mutually beneficial outcomes as TT Chamber has the power to aid in the country’s interest in adding value to raw materials.

“For us in Ghana, partnerships for linkages and trade are key because we do have significant raw material for which we want to add value and then export, and I believe that T&T is really the industrial powerhouse of the Caribbean so there is a lot to learn. But there is also a lot to trade not only in goods but services, particularly in the oil and gas sector where Trinidad and Tobago seem to have built some capacity and experience which they can leverage in Ghana,” he said.

CEO of GEPA, Dr. Afua Asabea Asare, also mentioned plans to establish a Ghana Trade House in Trinidad and Tobago.

“This which will bring the cultural aspect, the trade aspect, and everything together in a space where people can come in and see what Ghanaians offer,” she mentioned.

TT Chamber President, Kiran Maharaj, stated that opportunities in Ghana are very promising as investors are attracted to the economy therefore it will be in TT’s best interest to have a partnership with the country.

“There are several synergies regarding our culture and the way in which we do business. I am certain there will be many benefits to both countries, not just from the exchange of knowledge and expertise but from investment opportunities, partnerships, and other significant pathways,” he added.

By Abigail Atinuke Seyram Adeyemi

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