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We must add value to export products through partnerships—Finance Minister


The Business & Financial Times
July 9, 2021
Finance Minister Ken Ofori-Atta has reiterated the need for Ghana to go into strategic partnerships with developed countries to add value to the country’s basic exports to improve foreign earnings.
He stated that Ghana has exported over US$18 billion worth of cocoa to Switzerland in recent times but the European country controls more than five times the value in the cocoa processing market. This, he said, can be reversed through strategic partnerships to enable Ghana the primary producer of cocoa to earn significant returns from the commodity.
“The terms of trade are fascinating. We have exported about US$18 billion worth of cocoa to Switzerland and they have turned it into hundreds of billions of dollars. They have given us a grant of US$370 million which we are grateful for, but we need to relook the relationship to benefit us more from trade,” Mr. Ofori-Atta said after the government of Switzerland signed an ag ....

France General , Ken Ofori Atta , Kwaku Afriyie , Simonetta Sommaruga , Swiss State Secretariat For Economic Affairs , European Union , Finance Minister Ken Ofori Atta , Federal Councillor , Paris Agreement , Swiss State Secretariat , Economic Affairs , கேன் ஒபொறி அட்டா , சுவிஸ் நிலை செயலகம் க்கு பொருளாதார வாழ்க்கைத்தொழில்கள் , ஐரோப்பிய தொழிற்சங்கம் , நிதி அமைச்சர் கேன் ஒபொறி அட்டா , கூட்டாட்சியின் கவுன்சிலர் , சுவிஸ் நிலை செயலகம் , பொருளாதார வாழ்க்கைத்தொழில்கள் ,