"We are drawing inspiration from the success story of countries like the UAE" - Nana Akufo-Addo

Ghana and the United Arab Emirates have signed five (5) Co-operation Agreements and Memoranda of Understanding, in different sectors of their respective economies, aimed at deepening the ties of co-operation and the bonds of friendship that exist between the two countries.

"We are drawing inspiration from the success story of countries like the UAE" - Nana Akufo-Addo
Nana Addo Dankwah Akufo-Addo and Sheikh Mohammed bin Zayed Al Nahyan

The President of Ghana, Nana Addo Dankwa Akufo-Addo says Ghana’s growth under his government is illustrating the creativeness from the success story of the United Arab Emirates (UAE) through embarking on aggressive private partnership programmes to attract investment.

The President explained that effective co-operation with the UAE and investment in the Ghanaian economy are extremely essential to helping deliver progress and prosperity to the Ghanaian people.

With all macroeconomic indices pointing in the right direction, coupled with the creation of one of the most business-friendly environments in Africa, he described Ghana as a safe haven for investments, and encouraged members of the UAE private sector to invest in Ghana.

 

 

"We have resolved to build a progressive and prosperous country, and are drawing inspiration from the success story of countries like the United Arab Emirates. We have also decided to walk hand-in-hand with the private sector and the business community in this journey,” the President said.

Nana Addo Dankwa Akufo-Addo, paid a day’s official visit to the United Arab Emirates, at the invitation of Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of the Emirate of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces.

 

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Both countries signed five (5) Co-operation Agreements and Memoranda of Understanding, in different sectors of their respective economies, aimed at deepening the ties of co-operation and the bonds of friendship that exist between the two countries on Monday, 18th November, 2019.

 

 

The agreements signed are “Memorandum of Understanding between the Governments of Ghana and the UAE on exemption of entry visa requirements”; “Agreement for the Promotion and Reciprocal Protection of Investments”; and “Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income between the Government of Ghana and the Government of the UAE.”

The others are “Agreement between the Government of the UAE and the Government of Ghana in the field of manpower”; and the “Agreement between the Governments of Ghana and the UAE on co-operation and mutual assistance in customs matters”.

Sheikh Mohammed bin Zayed Al Nahyan commended Nana Addo Dankwa for the tremendous progress Ghana has made over the past four years under his reign. He congratulated him for making Ghana one of the fastest growing economy in the World.

 

 

The delegation accompanying President Akufo-Addo included Hon. Shirley Ayorkor Botchwey, Minister of Foreign Affairs & Regional Integration; Nana Bediatuo Asante, Secretary to the President; Alhaji Ahmed Ramadan, Ambassador of Ghana to the UAE; Francis Asenso-Boakye, Deputy Chief of Staff, and a number of other officials.