Ghana and the United Arab Emirates have signed five (5) Co-operation Agreements and Memoranda of Understanding, in different sectors of their respective economies, aimed at deepening the ties of co-operation and the bonds of friendship that exist between the two countries.
The agreements were signed on Monday, 18th November, 2019, after the President of the Republic, Nana Addo Dankwa Akufo-Addo, paid a day’s official visit to the United Arab Emirates, at the invitation of Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of the Emirate of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces.
The agreements signed are “Memorandum of Understanding between the Governments of Ghana and the UAE on exemption of entry visa requirements”; “Agreement for the Promotion and Reciprocal Protection of Investments”; and “Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income between the Government of Ghana and the Government of the UAE.”
The others are “Agreement between the Government of the UAE and the Government of Ghana in the field of manpower”; and the “Agreement between the Governments of Ghana and the UAE on co-operation and mutual assistance in customs matters”.
Speaking with Sheikh Mohammed bin Zayed Al Nahyan, prior to the signing of the eight (8) Agreements, President Akufo-Addo noted that the relationship between Ghana and the UAE, over the years, have been excellent.
The President explained that effective co-operation with the UAE and investment in the Ghanaian economy are extremely essential to helping deliver progress and prosperity to the Ghanaian people.