Oleh/By		:	DATO' SERI DR. MAHATHIR BIN MOHAMAD 
Tempat/Venue 	: 	ACCRA, GHANA 
Tarikh/Date 	: 	10/11/96 
Tajuk/Title  	: 	THE STATE BANQUET HOSTED BY H.E. 
			MR. JERRY J. RAWLINGS, PRESIDENT 
			OF GHANA 



1.    It  is  indeed delightful to be here, in Accra,  in  the
fabled  Gold  Coast.  At the outset, allow me  to  express  my
sincere  gratitude  for  the very warm  welcome  and  generous
hospitality  that  has been accorded to  my  wife  and  I  and
members  of my delegation.  I am particularly pleased to  meet
with  you  again, Mr. President, and continue the  discussions
that we had in Langkawi last year.

2.    During  that meeting, it was clear that both  Ghana  and
Malaysia  had  a  very  strong mutual desire  to  enhance  our
bilateral  relations  particularly in areas  of  economic  and
technical cooperation.

3.    Your visit to Malaysia had laid the foundation for a new
partnership.  I am pleased to note that since then our private
sectors have been working together closely to explore business
and  investment  opportunities.  Some  of  them  have  already
established their presence in this country particularly in the
banking and media broadcasting sectors.  Others are finalising
arrangements to invest in Ghana's privatisation programme  and
in  the  development of Free Trade Zones.  Many more Malaysian
businessmen have also shown a keen interest to invest  and  do
business with their Ghanaian counterparts.

4.    On  my present visit, I am accompanied by a large number
of  Malaysian Businessmen, entrepreneurs and leading corporate
figures  who  best  attest  to  such  interest.   I  am   also
encouraged that a Malaysian Trade Fair is being held, for  the
first time, in this part of the world.

5.   It is noteworthy that our two countries share many things
in common.  Our countries have experienced a period of British
colonial rule which, upon our independence in 1957, had thrust
upon  us the mammoth responsibility of forging a united nation
out of diverse ethnic groups and improving their economic well-
being.

6.    In  our respective regions, our two countries  have  had
their  unique constructive roles.  Here in West Africa,  Ghana
has  introduced  bold economic reforms and programmes  towards
liberalisation and deregulation.  Ghana has also succeeded  in
stimulating  economic  growth  with  the  introduction  of   a
`business friendly' new investment code, establishment of free
trade  processing zones and a Vision 2020 to guide the country
towards  becoming  a  medium income country.   Malaysia's  own
experience  in these areas has resulted in greater  trade  and
investment  flows.  It enabled us to achieve greater  economic
advancement and in bridging the gap between the poor  and  the
rich.

7.    Given the present trend towards globalisation, countries
must  constantly seek new partnerships and linkages to  remain
competitive.   Ghana is a country richly endowed with  natural
resources  such as gold, diamond, bauxite and natural  forest.
I  am  told that the Ashanti gold mine is the largest  in  the
world. Although our economic interaction has not realised  its
full  potentials, the abundance of natural resources in  Ghana
and  Malaysia's experience in different fields  of  industrial
production  and our common endeavour to achieve a better  life
for  our  people should enable us to complement each other  in
many areas.

8.    In  the  context  of  the rapid  globalisation  process,
Malaysia strongly believes in South-south cooperation. In that
spirit,  Malaysia  had, in 1981, started  a  modest  technical
cooperation programme with our partners of the south,  and  we
are  pleased to note that the programme has been well received
by  many  countries, including Ghana.  To-date,  45  Ghanaians
have  benefitted  from  it.  We will  continue  to  share  our
experience,  particularly in cooperating with Ghana  in  areas
relating    to   economic   planning   and   management    and
implementation  of economic reforms.  There is  much  our  two
countries can do for each other in sharing what we do best.

9.    Our  common  membership of the  Commonwealth,  the  Non-
Aligned  Movement and the United Nations has fostered  greater
understanding of each other's needs and aspirations.  For many
years  we  have  been  able  to  work  together  within  these
organisations  in the common search for a more  equitable  and
better  world for our people.  The time has now come  for  our
two  countries  to  expand the scope of our  cooperation  into
substantive  economic collaboration that will  yield  concrete
benefits for both our countries.

10.   In  promoting  regional peace and stability,  Ghana  has
played  a  remarkable role twice as past Chairman of  Economic
Community  of West African States (ECOWAS), including  efforts
to find a solution and lasting peace to the Liberian conflict.
We  hope  the  Abuja Accord that Ghana helped to broker  would
hold and durable peace and stability would be soon restored in
the country.

11.   Ghanaian peacekeepers have played an exemplary role  not
only  in  the ECOWAS ceasefire monitoring group (ECOMOG),  but
also  in  U.N. peacekeeping operations in other parts  of  the
world.   It  is a measure of our commitment to the Charter  of
the  United Nations and to the principles of international law
that  Malaysia  and  Ghana have sent  troops  to  serve  under
numerous  United  Nations peacekeeping  operations,  including
Bosnia-Herzegovina and Somalia, where our troops  have  forged
excellent cooperation.  I am confident that our common concern
for  the  preservation of international peace,  stability  and
rule  of law will see our two countries joining hands in other
international peace efforts in the future.

12.  Malaysia is said to have achieved some degree of economic
success  which has largely freed her from the kind of economic
arm-twisting  and  curtailing  of  its  independence  by   the
powerful  nations.   We had to face many difficulties  in  our
progress  towards economic independence.  We think that  Ghana
is  at  that crucial moment when it will take off economically
just as Malaysia did.  You have already put in place the right
strategy  and  the  necessary policies.   There  have  already
resulted  not  only in a rehabilitation of  your  economy  but
quite  obviously  they have propelled it  towards  substantial
growth.

13.  I am sure that Ghanaians would not hesitate now, and that
you would not turn back.  Economic greatness is in the offing.

14.   Ghana's great leader, Kwame Nkurmah, had a vision  of  a
liberated Africa, with Ghana playing a leading role.   He  did
not  live long enough to see his vision come true.  But  Ghana
now has the opportunity to make a reality of the dream of your
founding father.

15.   Malaysia is ready to exchange information with Ghana  on
policies and measures to achieve development.  We hope that we
both can benefit from this collaboration.

16.   We believe that under your able leadership and the right
policies  being  implemented  by  your  government,  Ghana  is
clearly  on  the  path  for further  economic  growth.   I  am
confident  that  you will have the support of  the  people  of
Ghana in your endeavour to achieve greter economic success.

17.   Before I conclude, I would like to take this opportunity
to  once again thank you and madam Nana Rawlings for the  very
warm  reception and gracious hospitality accorded to  my  wife
and  I,  as  well  as to the other members of  my  delegation.
During  the few days we have been here we have found  much  to
admire  and we sincerely believe that you are well on the  way
toward achieving your target to become a middle income nation.

     Thank you.

   

 



 
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