Wednesday 27 November 2013

Ghana And South Africa Signed 3 Agreements To Strengthen Cooperation

Ghana and South Africa have signed 3 agreements covering key sectors of their economy in a push to enhance corporation whilst leveraging on trade.

The agreements which were signed after bilateral meetings were held between a high powered delegation from South Africa and Ghana include bilateral air services agreement; a Memorandum of Understanding on transport and cooperation and a Memorandum of Understanding on Electricity and Energy.

Briefing the Press after their meeting, both Presidents were hopeful that the level of engagement between the two countries would yield positive results.

President Mahama called for strict implementation of the agreements so the benefits are realized by all.

“I wish to urge those who will be involved in implementing this decision to create an environment in which implementation can be effective. So that we just don't sign the agreements and not have them come into reality” President Mahama stressed.

The President also called for an expansion of the South African investments in the country.

“We have significant South African investments in Ghana and we believe that we can expand those areas of investments. And so most of the areas that we have discussed and signed memorandums on are areas that we can continue to push to expand the level of cooperation between ourselves” he stated.

President Zuma on his part expressed hope that South Africans will maximize the relationship with Ghana.

“We have agreed that these instruments should translate into concrete projects that will benefit our people. We have also agreed to further promote our economic relations,” President Zuma added.

He disclosed that the South African government is also “consulting on trade issues with the intention of unlocking bottlenecks with regards to imports from Ghana.”

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