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Ghana and Philippines agree to boost trade, investment and labour mobility

Ghana and the Philippines have agreed to strengthen bilateral cooperation in trade and investment, with both countries exploring new opportunities to expand business relations.

Ghana and Philippines agree to boost trade, investment and labour mobility

Ghana and the Philippines have reached an agreement to enhance bilateral cooperation in trade, investment, and labour mobility. This was discussed during a meeting between Ghana's Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, and the Philippines' Secretary of Foreign Affairs, Ma. Theresa P. Lazaro, at the 81st United Nations General Assembly in New York.

The two countries plan to organize business forums in their respective nations to promote investment opportunities and connect businesses. They also aim to establish a Ghana-Philippines Chamber of Commerce to facilitate ongoing private-sector engagement. The agreement includes plans to develop cooperation on labour mobility, with both nations intending to exchange ideas and expertise on labour mobility agreements.

The Philippines is set to establish an embassy in Ghana later this year, a move welcomed by Minister Ablakwa as a significant step in the longstanding bilateral relationship.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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