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The Government of India has extended $228 million in lines of credit to Ghana which has been used for projects in sectors like agro-processing, fish processing, waste management, rural electrification and the expansion of Ghana's railways. [11] India has also offered to set up an India-Africa Institute of Information Technology (IAIIT) and a ...
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 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.
The previous Prime Minister of India, Manmohan Singh, recognized Africa as the growth pole of the world in 2011. [13] Since this acknowledgement, India has shown their faith in Africa through the expansion of trade. In 2015, India's trade to Africa doubled from 24.98 billion (period of 2006-2007) to $72 billion.
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 ...
The India–Africa Forum Summit (IAFS) is the official platform for African-Indian relations. The IAFS is held once in every three years. It was first held from April 4 to April 8, 2008 in New Delhi, and was the first such meeting between the heads of state and government of India and 14 countries of Africa chosen by the African Union.
The Indian Association of Ghana (IAG) is a merchant association that has a long colourful history. In 1939, the first ever Indian Merchants Association in West Africa was formed in the ‘ Gold Coast ’. [ 1 ]