Ghana seeks double taxation, bilateral investment treaties with Trinidad and Tobago – Trinidad and Tobago Newsday

Ghana seeks double taxation, bilateral investment treaties with ...  TT Newsday

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Aug 4, 2023 - 20:30
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Ghana seeks double taxation, bilateral investment treaties with Trinidad and Tobago – Trinidad and Tobago Newsday

Ghana seeks double taxation, bilateral investment treaties with Trinidad and Tobago - Trinidad and Tobago Newsday

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An Hour Ago

Shweta Sharma

Charles Zwennes, attorney-at-law and former chairman Republic Bank Ghana (left); Kiran Maharaj, president TT Chamber; Reginald Yofi Grant, CEO Ghana Investment Promotion Centre; Afua Asabea Asare, CEO Ghana Export Promotion Authority; Robert Le Hunte, executive director IDB; Samuel Dentu, deputy CEO Ghana Export Promotion Authority; Taharqa Obika; Leeooi-Oneika Howard, trade specialist TT Chamber; and Stephen de Gannes, CEO TT Chamber. <p>(Photo courtesy TT Chamber)”> <p><figcaption>Charles Zwennes, attorney-at-law and former chairman Republic Bank Ghana (left); Kiran Maharaj, president TT Chamber; Reginald Yofi Grant, CEO Ghana Investment Promotion Centre; Afua Asabea Asare, CEO Ghana Export Promotion Authority; Robert Le Hunte, executive director IDB; Samuel Dentu, deputy CEO Ghana Export Promotion Authority; Taharqa Obika; Leeooi-Oneika Howard, trade specialist TT Chamber; and Stephen de Gannes, CEO TT Chamber. <p>(Photo courtesy TT Chamber)</figcaption> </figure> <p><p>This country’s manufacturing sector has been recognized as a potential area of partnership with over 80% of Ghanaian small and medium-sized enterprises (SMEs), according to the TT Chamber of Industry and Commerce (TT Chamber). <p><p>In a recent meeting with representatives from the Ghana Investment Promotion Centre (GIPC) and the Ghana Promotion Authority (GEPA), the Ghanaian delegates emphasized the importance of focusing on double taxation treaties and bilateral investment treaties to enhance trade flow between the two nations. <p><p>To facilitate this collaboration, the TT Chamber plans to conduct an audit of its members already doing business in Africa, serving as a starting point for future engagements. Additionally, it will establish a liaison with GIPC to ensure efficient and effective collaboration. <p><p>TT Chamber President Kiran Maharaj stated, “The opportunities in Ghana are very promising, and it is apparent that they have built an economy and business environment that attract investment from committed partners such as TT’s business community. There are several synergies regarding our culture and the way in which we do business. I am certain there will be many benefits to both countries, not just from the exchange of knowledge and expertise but from investment opportunities, partnerships, and other significant pathways.” <p><p>The TT Chamber looks forward to fostering strong partnerships with Ghana and leveraging expertise to boost manufacturing and economic growth in both countries. <p> <p> <p><h2>SDGs, Targets, and Indicators in the Article</h2> <p><h3>1. Which SDGs are addressed or connected to the issues highlighted in the article?</h3> <ul> <li>SDG 8: Decent Work and Economic Growth</li> <li>SDG 9: Industry, Innovation, and Infrastructure</li> <li>SDG 17: Partnerships for the Goals</li> </ul> <p><h3>2. What specific targets under those SDGs can be identified based on the article’s content?</h3> <ul> <li>SDG 8.2: Achieve higher levels of economic productivity through diversification, technological upgrading, and innovation.</li> <li>SDG 9.3: Increase the access of small-scale industrial and other enterprises to financial services, including affordable credit, and their integration into value chains and markets.</li> <li>SDG 17.16: Enhance the Global Partnership for Sustainable Development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources.</li> </ul> <p><h3>3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?</h3> <ul> <li>Number of partnerships established between Trinidad and Tobago and Ghana in the manufacturing sector.</li> <li>Number of TT Chamber members already doing business in Africa.</li> <li>Efficiency and effectiveness of collaboration between TT Chamber and the Ghana Investment Promotion Centre (GIPC).</li> </ul> <p><h2>Table: SDGs, Targets, and Indicators</h2> <table> <thead> <tr> <p><th>SDGs</th> <p><th>Targets</th> <p><th>Indicators</th> </tr> </thead> <tbody> <tr> <p><td>SDG 8: Decent Work and Economic Growth</td> <p><td>SDG 8.2: Achieve higher levels of economic productivity through diversification, technological upgrading, and innovation.</td> <p><td>Number of partnerships established between Trinidad and Tobago and Ghana in the manufacturing sector.</td> </tr> <tr> <p><td>SDG 9: Industry, Innovation, and Infrastructure</td> <p><td>SDG 9.3: Increase the access of small-scale industrial and other enterprises to financial services, including affordable credit, and their integration into value chains and markets.</td> <p><td>Number of TT Chamber members already doing business in Africa.</td> </tr> <tr> <p><td>SDG 17: Partnerships for the Goals</td> <p><td>SDG 17.16: Enhance the Global Partnership for Sustainable Development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources.</td> <p><td>Efficiency and effectiveness of collaboration between TT Chamber and the Ghana Investment Promotion Centre (GIPC).</td> </tr> </tbody> </table> <p><p>Based on the article, the issues discussed are connected to SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation, and Infrastructure), and SDG 17 (Partnerships for the Goals). The specific targets identified are SDG 8.2, SDG 9.3, and SDG 17.16. The indicators mentioned or implied in the article that can be used to measure progress towards these targets include the number of partnerships established between Trinidad and Tobago and Ghana in the manufacturing sector, the number of TT Chamber members already doing business in Africa, and the efficiency and effectiveness of collaboration between TT Chamber and the Ghana Investment Promotion Centre (GIPC). <p><strong>Behold!</strong> This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together. <p><strong>Source: <a href=newsday.co.tt

 

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