Alan Kyerematen resigns as Trade Minister

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The Minister of Trade and Industry, Alan John Kwadwo Kyerematen has resigned from his position

It is understood that the minister tendered his resignation letter to President Nana Addo Dankwa Akufo-Addo on Thursday, January 5, 2023.

Although it is unclear why the Minister resigned from the Akufo-Addo government, after serving in the portfolio since 2017, it is believed that he took the decision to enable him properly focus on his presidential ambition.

The 67-year-old made his first attempt to lead the New Patriotic Party as its flagbearer in 2007 but failed in his bid as Nana Addo Dankwa Akufo-Addo emerged as the winner.

Popularly known as “Alan Cash”, Mr. Kyerematen made other attempts in 2010 and 2014 but was unsuccessful.

He has been championing the government’s One District One Factory initiative since 2018, birthing about 170 factories across the country.

Under Mr. Kyerematen’s leadership at the Trade Ministry, the country also witnessed the production of local vehicles by auto giants such as Suzuki, VW, Nissan, Sino Trucks among others under the Automotive Development Policy.

About Alan Kyeremanten

Alan Kyerematen served in the same position between 2003 and 2007.

He has an extensive and distinguished record in international trade and public policy, enterprise development, politics and diplomacy.

He is a former Ambassador to the US, UN Policy Advisor, a lawyer and a Senior Corporate Executive. As Ghana’s Minister of Trade, Industry and Presidential Special Initiatives from 2003 to 2007, he led the design, development and implementation of innovative programmes and special interventions which have become new strategic pillars of growth for the Ghanaian economy.

He also played a key role in shaping Africa’s Trade Policy agenda in the WTO, the EU-ACP Economic Partnership Negotiations, AGOA and UNCTAD.

Prior to his appointment as Minister, Mr. Kyerematen served as Ambassador of Ghana to the United States of America from 2001 to 2003. In that role, he negotiated various landmark trade and investment agreements between Ghana and the United States, and initiated the establishment of the Ghana-United States Economic Council, which played a strategic role in deepening trade relations between the two countries.

Between 1998-2001, Alan Kyerematen served as the first Regional Director of ENTERPRISE AFRICA, UNDP’s flagship initiative for the development and promotion of small and medium enterprises in Africa. Under that framework, he established enterprise support programmes in 13 Sub-Saharan Africa countries – Botswana, Benin, Cameroon, Democratic Republic of Congo, Ethiopia, Mauritius, Mozambique, Namibia, Nigeria, Senegal, South Africa and Uganda. Over 4,000 African entrepreneurs and small businesses have benefited from these programmes.

Source: myghanadaily

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