Home Business Austrian President touts Ghana as vital business place in Africa

Austrian President touts Ghana as vital business place in Africa


Austrian President, Alexander Van der Bellen, has mentioned Ghana presently ranks as the most significant vacation spot in Africa for Austria and Austrian businesses.

He reported the management of the Ghanaian economic climate, in particular over the past two years, for which Ghana is projected to be the fastest growing overall economy in the world in 2019, has designed the region desirable for buyers from Austria.

Mr Van der Bellen built the disclosure on Monday when he held shut-door bilateral discussions with the President Nana Addo Dankwa Akufo-Addo in the Austrian funds, Vienna.

Welcoming the expanding participation of Austria companies in Ghana’s financial system, President Akufo-Addo, who is also in Austria to take part in the R20 Austrian Globe Summit on Local weather Modify, urged Austrian companies invest in cleanse vitality initiatives in Ghana.

On the struggle versus terrorism and the raising functions of terrorists in the Sahel, the President called for additional guidance in help of endeavours by the African Union and the G5 du Sahel in combating the menace.

He pressured that “the coordination of actions amongst the armies and the intelligence agencies of our nations around the world is totally essential to a productive fight towards terrorism.”

Already, the Austrian Federal Military is concerned in teaching co-operation with the Ghana Armed Forces on “Battle Dog Teaching”. As part of this co-operation arrangement, the Austrian Military supports dog handlers from the Ghana Armed Forces and will set up a regional instruction centre in Ghana.

Touching on the reason of his existence at the R20 Summit, President Akufo-Addo assured his Austrian counterpart of Ghana’s preparedness to deal with the local climate improve phenomenon.

Climate alter, the President stressed, is the greatest danger to the realisation of the SDGs, and has come to be an concern of grave problem to most leaders across the entire world, as it has appreciable impact on the fundamentals required for the survival of the human race on earth, that is rise in sea stages, critical and severe climate disorders, this sort of as droughts, floods and erratic rainfall styles, and increasing desertification.

“It is in possess curiosity to act to salvage the financial fortunes of the continent, and, a lot more so, move up our collective efforts to fight decisively local climate improve,” he added.

President Akufo-Addo is in Austria to attend the R20 Austrian Planet Summit – an initiative, which is supporting regions, nations and towns to employ the United Nations Sustainable Progress Ambitions (SDGs), and to meet the world wide weather safety targets outlined in the Paris Agreement.

He is attending the Summit in his ability as co-Chair of the UN Secretary General’s Team of Eminent Advocates on the 2030 SDGs, and will, on Tuesday, 28th May possibly, participate in the higher-degree panel discussion on the will need for management to choose responsibility in the world-wide process on sustainable improvement and worldwide co-procedure.

While in Austria, the President will also maintain bilateral talks with the Austrian Chancellor, Sebastian Kurz with the President of Hungary, János Áder and with the CEO of the Planet Lender, Kristalina Georgieva.

He is also predicted to meet up with users of the Ghanaian community resident in Austria.

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