The occasion was the 43rd Session of the Governing Council of the International Fund for Agricultural Development (IFAD) held in Rome, Italy.
The two held talks bordering on how the organization can help improve Agriculture in Africa, particularly the West African sub-region.
The discussion also centred especially on what the Minister was doing in Ghana to bring about transformation of the economy and what FAO could do to support.
The Honourable Minister particularly made a request for support towards the implementation of one of Ghana's flagship policies, Planting for Export and Rural Development, which seeks mainly to expand the country's tree crops export capacity.
"Basically, Ghana is a mono crop economy; cocoa has been the dominant crop for the last 130 years and we are trying to change that by diversifying, selecting six other tree crops for rapid development" Hon. Dr. Akoto emphasized.
The PERD programme is aimed at de-monopolizing cocoa as the only major export commodity by investing in six other tree crops namely Coffee, Shea, Rubber, Cashew, Oil Palm and Coconut.
The Minister expressed the optimism that with his vast experience in rural development, having served as the Vice Minister for Agriculture and Rural Development, Dr. Qu Dongyu, is in the best position to help us develop our agricultural potentials.
"China has the biggest rural agricultural economy in the world and with Dr. Qu Dongyu having served in that capacity for such a long time, his portfolio was to increase the economic situation of rural folks so I have no doubt at all about his ability to support us in that direction" Hon. Dr. Owusu Afriyie Akoto noted.
The Minister further pointed out that effective implementation of the PERD programme require will require a budget of over $40m Dollars, adding that the Director General of FAO has given him the assurance that the organization's Investment Centre will liaise with the Ministry to conduct feasibility studies on how to support.
The occasion was the 43rd Session of the Governing Council of the International Fund for Agricultural Development (IFAD) and Food and Agriculture Organisation (FAO) of the United Nations (UN) held in Rome, Italy on Monday, February 10 to Thursday, February 13, 2020
The Minister held high level meetings with the Heads of all the UN Agencies to discuss investment opportunities for Ghana's agricultural sector.
During a meeting with Director General of the FAO, Dr. Qu Dongyu, discussions centred especially on what the Minister was doing in Ghana to bring about transformation of the economy and what FAO as a UN body, can do to support the country's agenda.
The Honourable Minister particularly made a request for support towards the implementation of one of Ghana's flagship policies, Planting for Export and Rural Development, which seeks to expand the country's tree crops export capacity.
"Basically, Ghana is a mono crop economy; cocoa has been the dominant crop for the last 130 years and we are trying to change that by diversifying, selecting six other tree crops for rapid development" Hon. Dr. Akoto emphasized.
The PERD programme is aimed at diversifying the country's economy from cocoa as the only major agricultural export commodity, by investing in six other tree crops namely Coffee, Shea, Rubber, Cashew, Oil Palm and Coconut.
The Minister expressed the optimism that with his vast experience in rural development, having served as the Vice Minister for Agriculture and Rural Development, Dr. Qu Dongyu, is in the best position to help us develop our agricultural potentials.
"China has the biggest rural agricultural economy in the world and with Dr. Qu Dongyu having served in that capacity for such a long time, his portfolio was to increase the economic situation of rural folks so I have no doubt at all about his ability to support us in that direction" Hon. Dr. Owusu Afriyie Akoto noted.
The Minister further pointed out that effective implementation of the PERD programme require will require a budget of over $40m Dollars which will go into resourcing six selected research institutions in the country to be able to produce adequate materials to meet our target.
The Director General of FAO on his part gave the Minister the assurance that the organization's Investment Centre will liaise with the Ministry to conduct feasibility studies on how to secure donor funding for the programme.
