Ghana and Burkina Faso are seeking to deepen trade and industrial cooperation through a proposed bilateral trade agreement aimed at strengthening cross-border commerce, industrial development and value addition.
The Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, reaffirmed Ghana’s commitment to closer economic collaboration while delivering the Guest of Honour address at the opening ceremony of the 18th International Arts and Crafts Fair of Ouagadougou (SIAO 2026) on Friday.
According to the Minister, the proposed agreement will focus on expanding industrial cooperation, promoting cross-border trade and creating greater value within the productive sectors of both countries.
She identified handicrafts, agro-processing, shea production, cotton, leather manufacturing and agricultural value chains as key areas with significant potential for joint investment and economic growth.
Hon. Ofosu-Adjare emphasized that stronger collaboration in these sectors would not only boost trade volumes but also create jobs, support local industries and enhance economic resilience in both countries.
Ghana is participating in this year’s fair as a Guest of Honour, alongside Mali and Niger, showcasing a wide range of products and cultural items from all 16 regions of the country.
The Ghanaian exhibition features traditional and contemporary products, including Kente, Adinkra textiles, fugu, Bolgatanga baskets, beads, pottery, leather goods and modern fashion designs.
The Minister noted that the country’s participation at SIAO 2026 reflects Ghana’s commitment to promoting indigenous products and expanding market opportunities for local entrepreneurs and artisans across the West African sub-region.
Highlighting the importance of trade relations between Ghana and Burkina Faso, Hon. Ofosu-Adjare disclosed that formal trade between the two countries exceeded US$1 billion in the past year.
She stressed the need for both countries to strengthen border management systems, harmonise product standards and improve the movement of goods across their shared trade corridors.
According to her, addressing these challenges would facilitate commerce, reduce trade bottlenecks and unlock greater economic opportunities for businesses operating in both countries.
The Minister expressed optimism that enhanced cooperation through the proposed bilateral trade agreement and regional trade initiatives would contribute significantly to industrialisation, economic integration and sustainable development within the sub-region.
SIAO, regarded as one of Africa’s premier arts and crafts exhibitions, provides a platform for governments, businesses and artisans to showcase products, explore investment opportunities and promote regional economic cooperation.