Elizabeth Ofosu-Adjare discusses trade partnerships with Russia and UAE

The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has held a series of high-level diplomatic meetings aimed at deepening Ghana’s international trade relations and securing strategic investments. On October 16, 2026, the Minister met separately with the Russian Ambassador, the Ambassador of the United Arab Emirates (UAE), and representatives from the United Nations Development Programme (UNDP). These discussions form part of a coordinated effort by the government to expand market access for Ghanaian goods and attract capital for the country’s growing industrial sector.

In her meeting with the Russian Ambassador, discussions centered on enhancing bilateral trade and identifying new areas of cooperation between the two nations. A significant portion of the dialogue was dedicated to preparations for the upcoming Russia-Africa Summit, which is expected to serve as a platform for strengthening economic ties across various sectors. Minister Ofosu-Adjare emphasized Ghana’s readiness to leverage such international forums to showcase the country’s investment potential and expand the reach of its non-traditional exports.

The engagement with the UAE Ambassador focused on advancing the Comprehensive Economic Partnership Agreement (CEPA). This agreement is designed to provide a structured framework for increased investment flows and trade facilitation between Ghana and the UAE. A key priority highlighted during the talks was the promotion of Ghana’s industrial parks, which are being positioned as competitive hubs for manufacturing and value addition. The Minister noted that a finalized CEPA would significantly benefit Ghanaian exporters by reducing trade barriers and fostering closer business-to-business links.

Beyond bilateral state relations, Minister Ofosu-Adjare also met with the UNDP to discuss the Ministry’s Feed the Industry Programme. This initiative is a cornerstone of the government’s industrialization strategy, focusing on strengthening local agribusinesses and promoting import substitution. By fostering stronger links between the agricultural sector and domestic manufacturers, the programme aims to create sustainable jobs and reduce the national import bill. The UNDP’s involvement is seen as crucial for providing technical support and aligning Ghana's industrial goals with global sustainable development standards.

These diplomatic and developmental engagements underscore the Ministry of Trade, Agribusiness and Industry’s commitment to driving economic transformation through partnership. By simultaneously engaging established global powers and international development agencies, the Mahama administration is seeking to create a diversified and resilient economic environment. The outcomes of these meetings are expected to pave the way for increased foreign direct investment and a more robust industrial base that supports Ghana’s long-term growth objectives.