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EU OUTLINES ITS CONTINUOUS SUPPORT IN TRADE TO GHANA

The Charge’ d’ Affaires of the European Union in Ghana, Mr. Paolo Salvia has reiterated the commitment of the European Union (EU) to continue its support to Ghana in private sector competitiveness, trade facilitation and fiscal transition.

He said this will be done through the regional envelope of the 11th European Development Fund. Mr. Salvia made this remark at the final Steering Committee Meeting of the Trade Related Assistance and Quality Enabling Programme (TRAQUE) in Accra.

He also said, “At the national level, important programmes are already ongoing to support decentralization, stimulate job creation and improve social protection schemes. Future programmes are being prepared to support investments in the agricultural sector and public finance management.”

Since its inception in 2011, the TRAQUE Programme has supported the Ministry of Trade and Industry in private sector development and trade facilitation as well as review Ghana’s Quality Policy to enable attain a National Quality Infrastructure which functions in line with international best practices.

With the Programme ending this month, this 6th Steering Committee Meeting gathered relevant stakeholders to evaluate the challenges and impact TRAQUE has made in trade and quality sectors in Ghana.

Over the past two (2) years, 28 laboratories have been supported with state-of-the-art equipment and intensive training specifically at the Ghana Standards Authority (GSA), Food Research Institute of CSIR, Institute of Industrial Research of CSIR and the Plant Protection and Regulatory Services Directorate (PPRSD).

Also speaking at the Meeting, the Programme Director of TRAQUE; Mr. Michael Senayah thanked all the various stakeholders for their collaboration in making the project a success especially the European Union who funded the Programme with 15 million Euros.

He also lauded the Programme’s support in helping Ghana draft an Accompanying Measures Strategy for the interim Economic Partnership Agreement with the EU. This Strategy identifies and prioritizes projects and programmes which best enable Ghana to maximize the EPA and mitigate its costs. 

Mr. Senayah was optimistic that the Ministry of Trade and Industry and the Government of Ghana as whole will consolidate the gains TRAQUE has made in the last six (6) years and further improve on it.