Osafo-Maafo, J.H. Mensah in Mexico for summit

The Senior Minister and Chairman of Government Economic Team, Mr J. H. Mensah and the Finance Minister, Mr Yaw Osafo-Maafo, left Accra on Monday for Montero, Mexico, to represent President J A Kufuor at a special summit on financial development.

The five-day summit, which would be attended by about 32 heads of state and finance ministers would discuss and take major decisions on the provision of resources to reduce poverty and to promote health and education in poor countries.

Mr Osafo Maafo said they would deliver a paper on financing development, adding that, the summit would afford developing countries the opportunity to argue for the removal of subsidies on European-Agricultural products and to call for liberalised trade.

The Finance Minister who would be chairing a sub-committee on partnership and development said issues like assisting Africa with advanced-technology, trade and co-operation instead of direct aid would also feature on the agenda. Already in Montero for the summit were Dr Paa Kwesi Nduom, Minister of Economy Planning and Regional Integration, Dr Abdul Wahab Alhassan of the Ministry Finance and the Chief Executive of the Ghana Investment Promotion Centre, Mr Kwesi Abeasi.