Swiss Ambassador-designate to Ghana presents open letters

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Swiss Ambassador-designate with Ghana's Foreign Minister © Daily Graphic

At the presentation, Mr. Stalder recounted the long standing relationship Switzerland and Ghana have had, stemming from the period of the Basel Missionaries to present times. Highlights of this relationship have been the August 2010 official visit to Switzerland of President John Evans Attah Mills. President of the Swiss Confederation Mme. Doris Leuthard also paid an official visit to Ghana in July 2017.

Mr. Stalder stressed his committment to go the extra mile to see the Ghana-Switzerland relationship go to new levels.

For her part, Mme. Shirley Ayorkor Botchway underscored the need for the two countries to explore more innovative ways to broaden the scope of the trade portfolio to include other non-traditional exports from Ghana.

This, she said was because gold and cocoa alone constituted over 95 per cent of Ghana’s exports to Switzerland although Ghana was currently Switzerland’s largest trading partner in Sub-Sahara Africa with trade volume of approximately $2.0 billion.

She thanked the Swiss for the assistance provided Ghana over the years including $2.6 million Remittance Grant Facility (RGF) signed in 2017 to reduce the cost of remitting money to Ghana from 12 per cent of every $200 to five per cent.

“It is anticipated that high patronage of the formal process should with time raise the remittance figures and shore up Ghana’s foreign exchange reserves while cushioning the local currency, the Cedi,” Ms Botchwey stated.

The minister underscored the importance of the new strategic partnership between the two countries whereby an amount of 75.0 million Swiss Franc was to be made available to Ghana for sector-specific projects.