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Trade between India and Ghana amounted to US$818 million in 2010-11 and is expected to be worth US$1 billion by 2013. [8] Ghana imports automobiles and buses from India and companies like Tata Motors and Ashok Leyland have a significant presence in the country.
The ministry is responsible for advising the government on the private sector development, trade and the industry formation within the local and the international front. it also sees to the formulation and implementation of policies as well as representing the government in the international duties and bodies like the World Trade Organization. [2]
The service is mandated to collect Import and export duty tax, petroleum tax and import excise. It promotes the protection of revenue through the prevention of smuggling of goods across Ghana's borders. The service protects the boundaries of Ghana by preventing external aggression and promotes territorial integrity of Ghana.
The Indo-Aryan peoples and Sindhi, who were the first Indians to arrive in Ghana, initially came as merchants and shopkeepers, and gradually, in the 1950s and 1960s, a few ventures out in the manufacturing industries such as garments, plastics, textiles, insecticides, electronics, pharmaceutical industry, optical goods etc. [2] Some Indians who have lived in Ghana for most of their lives have ...
A trade prohibition is a restriction in which one country will not buy goods from another country unless certain standards are met or conditions are followed, such as labor standards and environmental standards. It is the opposite of a trade preference. An example would be a ban on goods produced from forced labor.
Ghana Exports Promotion Authority is a state organization with the mandate to develop, facilitate and promote Ghanaian exports. The Head Office of Ghana Export Promotion Authority housed in the Africa Trade House.
The aim of this trade rule is to prevent internal taxes or other regulations from being used as a substitute for tariff protection. [ 5 ] A good summary is found in Japan-Alcohol [ 6 ] which states; "[a] national treatment obligation is a general prohibition on the use of internal taxes and other internal regulatory measures so as to afford ...
The agreement, concluded in 1994, was negotiated under the WTO's predecessor, the General Agreement on Tariffs and Trade (GATT), and came into force in 1995. The agreement was agreed upon by all members of the World Trade Organization. Trade-Related Investment Measures is one of the four principal legal agreements of the WTO trade treaty.