Ghana and Trinidad and Tobago are exploring new investment opportunities and ways to expand cooperation in the oil and gas industry as both countries seek to strengthen their economic relations.

Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, disclosed this after holding bilateral talks with his Trinidad and Tobago counterpart, Sean S.M. Sobers, on the sidelines of the Commonwealth Heads of Government Meeting (CHOGM) in Antigua and Barbuda.

The meeting focused on attracting new investments and expanding existing partnerships in the energy sector.

Ghana seeks new investment opportunities

According to Mr Ablakwa, the engagement provided an opportunity for both countries to assess progress in their bilateral relations and identify new areas of economic cooperation.

Oil and gas remain important sectors for both countries, making energy cooperation a key area of their partnership.

The discussions are expected to provide a basis for exploring investment opportunities and strengthening collaboration between businesses and institutions in the two countries.

Ghana to open High Commission in Trinidad and Tobago

As part of efforts to deepen diplomatic relations, Ghana is expected to commission a new High Commission in Trinidad and Tobago in 2027.

William Anani Abotsi has been named as Ghana’s first High Commissioner to the Caribbean nation.

The establishment of the diplomatic mission is expected to strengthen Ghana’s presence in the Caribbean and provide a platform for promoting trade, investment and cooperation.

Ghana strengthens relations with Caribbean countries

The discussions with Trinidad and Tobago form part of Ghana’s wider efforts to build stronger economic and diplomatic relationships with Caribbean countries.

During the Commonwealth meeting, Ghana also engaged Jamaica on port cooperation, trade and labour mobility.

Mr Ablakwa disclosed that the Ghana-Jamaica Port Cooperation Agreement was ready, with Tema Port and the Port of Kingston expected to work together to improve trade, logistics and maritime cooperation.

Ghana is also working towards finalising air services agreements with Caribbean partners to facilitate direct flights between the two regions when the ongoing revival of Ghana Airways is completed.

Broader international cooperation

Beyond trade and investment, Ghana used its participation at CHOGM to raise issues affecting Africa and the wider international community.

These included reforms to the United Nations, changes to the international financial architecture, artificial intelligence regulation, climate justice, resource sovereignty, reparatory justice and conflict resolution.

The latest engagement with Trinidad and Tobago reflects Ghana’s efforts to strengthen international partnerships and create more opportunities for economic cooperation.

The proposed expansion of oil and gas partnerships will depend on further discussions and the development of specific investment and cooperation arrangements between the two countries.

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