Ghana, Philippines pledge closer economic cooperation

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3NEWS

Mr Ofori-Atta is Ghana’s Finance Minister

A government delegation led by the Finance Minister, Ken Ofori-Atta, and the Minister of Energy, John Peter Amewu, last week undertook consultations with the government of the Philippines with a view to deepening the over 60-year relationship between the two nations.

Over the two-day mission, the Ghanaian delegation met with the Philippine Secretary of Energy, Alfonso C. Cusi, Secretary of Finance Carlos G. Dominguez as well as representatives of the Manila Electric Company.

The Ghanaians were accorded the honour of opening the Philippines Stock Exchange last Friday by the President and CEO of the Philippine Stock Exchange, Ramon S. Monzon.

Mr Ofori-Atta and Mr Dominguez discussed several matters of mutual interest and potential collaboration, including digitalization for enhanced domestic revenue mobilization, value-added agriculture and cross-border trade, amongst others.

“Our two nations do indeed share much in common, including our desire to encourage equitable and sustainable growth. We are remiss in not embarking on this mission sooner, given the magnitude of the opportunities that lie before us,” said Mr Ofori-Atta.

Mr Amewu and Mr Cusi discussed several key topics of mutual interest and agreed to pursue a Memorandum of Cooperation between their two ministries with a view to operationalizing their shared desire to explore matters of potential collaboration across the energy value chain – from generation, through transmission to distribution.

Mr Amewu also expressed his gratitude for the reaffirmation by the Manila Electric Company of its “commitment to Ghana’s power sector.”

Source: 3news.com|Ghana

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