During the meeting, the UK and Ghana governments reached an agreement on six priority sectors: agri-processing, financial services, textiles/garments, pharma, digital and extractives as the main areas of corporation between them.
UK Parliamentary Under Secretary of State at the Department for International Development (DFID), Baroness Elizabeth Sugg, stressed her country’s determination to remove all forms of trade and investment barriers that exist between them and Ghana.
Speaking under the theme: “Delivering Mutual Prosperity”, Baroness Sugg said both Ghana and the UK have a fine opportunity to use the 3rd Council meeting to set the tone for improved trade relations between their two respective countries.
She further indicated “as Ghana moves beyond aid, the UK is shifting its focus away from large-scale resource transfer towards technical assistance.”
On his part, Vice-President Bawumia enumerated a number of initiatives government had and continued to roll out all in an attempt to formalize the Ghanaian economy.
Some of the initiatives highlighted by Bawumia include the introduction of the digital addressing system, the issuance of national biometric identity cards and mobile money interoperability.
UKGHC also focuses on the development of priority sectors of the Ghanaian economy that leads to job creation and sustained economic growth.