Ghana’s Minister of Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has held crucial discussions with senior US Department of Commerce officials in Washington, DC, aimed at deepening economic and trade cooperation between the two nations.
The talks come against the backdrop of the US’ “America First” Trade Policy, which imposed a 10% tariff on shipments from several countries, including Ghana.
Key areas of focus included the African Growth and Opportunity Act (AGOA), local content policy, import regulations, outstanding debts to US companies, and the Trade and Investment Framework Agreement (TIFA).
Ofosu-Adjare reaffirmed Ghana’s commitment to strengthening bilateral relations with the US, emphasizing the importance of continued engagement on trade policy issues affecting both economies.
The minister expressed Ghana’s support for AGOA’s renewal, set to expire in September 2025, citing its role in attracting substantial US investments, particularly in Ghana’s thriving garment and textile sector.
Both sides agreed on the need for constructive dialogue to balance national development goals with investor interests.
The US delegation raised concerns about importing excavators and overage vehicles from the US to Ghana, seeking greater regulatory clarity.
Ghana’s commitment to trade diplomacy and economic cooperation was underscored by the meeting, marking a significant step in the country’s efforts to re-engage global partners.
As a follow-up, Ofosu-Adjare will meet with the Office of the United States Trade Representative to continue bilateral consultations on trade and economic issues.
