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Trade Minister engages Russia, UAE and UNDP to boost trade, investment

The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has held separate meetings with representatives of Russia, the United Arab Emirates (UAE) and the United Nations Development Programme (UNDP) to strengthen cooperation in trade, investment and industrial development.

Trade Minister engages Russia, UAE and UNDP to boost trade, investment

Trade Minister Elizabeth Ofosu-Adjare convened separate meetings with diplomats from Russia, the United Arab Emirates (UAE), and the United Nations Development Programme (UNDP) on October 16, 2026, to bolster trade, investment, and industrial growth in Ghana. The discussions occurred ahead of the Russia-Africa Summit, scheduled for October 28-29, 2026, in Moscow, where over 30 nations, including Ghana, are slated to participate.

During her meeting with the Russian Ambassador Andrei Ordash, Minister Ofosu-Adjare addressed challenges hindering bilateral trade between Ghana and Russia. The dialogue aimed to identify solutions to facilitate smoother trade relations.

In her conversation with the UAE Ambassador Dr Abdulla Al Mandoos, Minister Ofosu-Adjare emphasized the potential for a Comprehensive Economic Partnership Agreement (CEPA) between Ghana and the UAE. The UAE demonstrated interest in increasing its investments in Ghana, particularly focusing on the development of industrial parks and their management.

Madam Ofosu-Adjare, in her interaction with the UNDP Resident Representative Niloy Banerjee, underscored the Ministry's dedication to import substitution, fostering export growth, and implementing the Feed the Industry Programme. This initiative seeks to ensure a steady supply of raw materials to local industries, encourage value addition, and generate employment opportunities for the youth.

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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