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The Ministry of Trade and Industry, Private Sector & PSI is pursuing trade and industry
measures which ensure a stable policy environment for achieving a neutral status for Ghanaian
industry, for export development and promotion, an outward orientation of the economy, and the
enhancement of inter-sectoral co-ordination. Harmonisation and rationalisation of trade and
industry polices are on-going.
Policies are therefore being pursued within the framework of national macro-economic
objectives and strategies that take account of the opportunities presented by the Uruguay
Round results and other multilateral trade agreements.
In the medium term, trade sector policies that are the focus of attention are:
1. creation of a buoyant and self-sustaining export sector
2. expansion of domestic trade thereby ensuring the countrywide availability of goods at
reasonable prices
3. pursuit of efficient and effective import management practices
4. adoption of anti-monopoly legislation and other regulations to protect the consumer
5. pursuit of anti-dumping policies in international trade through rationalisation of all tariff
and the identification of all non-tariff barriers to trade
6. active and effective participation in multilateral trade for a secure increased market
access for Ghana 's exports especially processed and semi-processed goods and to achieve
stable, fair and remunerative prices for commodities of export interest in Ghana
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1. increasing industry share of GDP to 37% (by 2020) from the current level of 16% with an
average growth rate of 12%
2. making Ghanaian manufactured goods competitive in the domestic and international
markets
3. establishing effective linkages between manufacturing, agriculture, education, services
and other relevant sectors
4. ensuring that all industrial operations are environmentally friendly
5. securing increased domestic and foreign private investment in industry
6. maximising the use of local raw materials in the industry
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1. A liberalised trade (import/export) regime within the spirit and principles of the World
Trade Organisation (WTO).
2. Liberalised investment regime sustained by a targeted investment drive;
3. An export oriented, value-addition industrial development strategy;
4. Free zone development encompassing:- factory specific and export processing zones (EPZ)
- liberalised skies
- free ports
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