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Ghana pursues double taxation, bilateral investment treaties with Trinidad and Tobago

  • Post category:Business

A delegation from the Ghana Investment Promotion Centre (GIPC), and the Ghana Export  Promotion Authority (GEPA) have engaged authorities of Trinidad and Tobago about considering Double Taxation and Bilateral Investment Treaties, to further enhance trade flow between the two nations. 

The talks were held when the delegation met with representatives of Trinidad and Tobago’s  Chamber of Industry and Commerce (TT Chamber) last week. 

The team from Ghana, further identified key sectors in Trinidad and Tobago, including its manufacturing sector, as prime areas for partnerships with Ghanaian SMEs. 

At the meeting, the Centre’s CEO, Mr Yofi Grant opined that a collaboration between the two countries will yield mutually beneficial outcomes, considering each other’s economic situations and contributions. 

‘For us in Ghana, partnerships for linkages and trade are key because we do have significant raw material for which we want to add value and then export, and I believe that T&T is really the industrial powerhouse of the Caribbean so there is a lot to learn. But there is also a lot to trade not only in goods but services, particularly in the oil and gas sector where Trinidad and  Tobago seem to have built some capacity and experience which they can leverage in Ghana,’ he said. 

The CEO of GEPA, Dr Afua Asabea Asare also mentioned plans to establish a Ghana Trade  House in Trinidad and Tobago “which will bring the cultural aspect, the trade aspect and everything together in a space where people can come in and see what Ghanaians offer”. 
 
 
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