You are here: Home » News-IANS » Business-Economy
Business Standard

CUTS International opens Ghana centre, to aid regional integration

IANS  |  Accra (Ghana) 

India's research and advocacy organisation CUTS International has opened a centre here to help West African countries in their regional integration.

"We welcome the opening of the CUTS Centre in Accra and look forward to its active participation in providing research support to Ghana and the west African region on critical economic policy issues," Ghana's Foreign Affairs and Regional Integration Minister Hanna S. Tetteh said at the inauguration earlier this week.

"CUTS has developed a successful methodology of connecting grassroots to the policy makers especially through applied research, advocacy and networking," Tetteh said, delivering the CUTS 30th anniversary lecture on "Regional Integration as Tool for Poverty Reduction in West Africa".

Speaking of the Economic Community of West African States (ECOWAS), Tetteh said "ECOWAS is celebrated within and outside Africa as one of the most innovative and advanced among the continent's regional economic communities".

ECOWAS leaders will meet in October to decide on issues critical to regional integration like the Common External Tariff (CET), and the Community Levy.

The CET seeks to harmonise and bring in the convergence of national fiscal, monetary and trade policies of member states for the attainment of economic integration by the 15-nation economic community with a combined population of more than 300 million people.

Saying that CUTS had earlier done a study on the costs of economic non-cooperation in south Asia, which showed a gain of $2 billion to consumers if tariffs were rationalized, CUTS secretary-general Pradeep S. Mehta said the organisation was ready to do a similar study for the ECOWAS region.

The Accra centre is CUTS' third office in sub-Saharan Africa.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, August 29 2013. 19:16 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU