Following a decision of the Government of Ghana and the European Commission to implement a Trade Related Assistance and Quality Enabling Programme “TRAQUE”, a Financing Agreement between the European Commission and the Republic of Ghana was signed on the 13th January, 2011.
The Financing Agreement foresaw an initial budget allocation of Euro 9 million, that was afterwards extended in time and budget, from to 15 million €, to be funded from the 10th EDF remaining resources earmarked for Trade and Private Sector Development. The extension in time is one year ending in 2016. The operational duration of the programme is 66 months + 24 months of closure period.
The TRAQUE Programme aims at offering continuous support to the Ministry of Trade and Industry (MoTI), in private sector development, trade facilitation and capacity building with special attention to capacity issues in industrial strategy and post Economic Partnership Agreement (EPA) implementation support as well as Standards, National Quality institutions, trade and private sector export support organisations.
The programme is under the contracting authority of the National Authorising Office at the Ministry of Finance, and being implemented by the Ministry of Trade and Industry, with support of an international technical assistance team provided by Agriconsulting Europe S.A (AESA).