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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]
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.
The Agreement on Trade-Related Investment Measures (TRIMs) are rules that are applicable to the domestic regulations a country applies to foreign investors, often as part of an industrial policy. The agreement, concluded in 1994, was negotiated under the WTO's predecessor, the General Agreement on Tariffs and Trade (GATT), and came into force ...
The mass media of Ghana is among the most liberal in Africa, with Ghana ranking as the third-freest in Africa and 30th-most free in the world on the worldwide press freedom index. Chapter 12 of the Constitution of Ghana guarantees freedom of the Ghanaian press and the independence of the mass media, and Chapter 2 prohibits censorship. [40]
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 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 ...