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Tag Archives: ITLOS

Ghana, Ivory Coast set up joint Committee to implement ITLOS ruling

President Ouattara with President Akufo-Addo

Ghana and Ivory Coast have established a joint Committee to oversee the implementation of the recent judgment by the International Tribunal of the Law of the Sea (ITLOS), over the two countries’ maritime border dispute. Following a declaration by Ghanaian President, Nana Addo Dankwa Akufo-Addo, that the dispute and its eventual resolution had strengthened the relationship between the two neighbouring nations, the Committee has ...

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ITLOS ruling has strengthened Ghana-Ivory Coast ties – Nana Addo

President Ouattara with President Akufo-Addo

President Akufo-Addo has said the recent judgment of the International Tribunal of the Law of the Sea (ITLOS), over Ghana and Ivory Coast’s maritime border dispute, has strengthened the relationship between the two countries. This according to him, is contrary to suggestions that the ruling would mar diplomatic ties between Ghana and her western neighbor. Akufo-Addo was speaking at the Flagstaff ...

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Define all boundaries to restore investor confidence – ACEP

Benjamin Boakye - Ex. Dir. ACEP

Energy Policy Think Tank, the Africa Centre for Energy Policy (ACEP), is confident the recent judgment by the International Tribunal of the Law of the Sea (ITLOS) will boost investment opportunities in the oil sector for Ghana. According to its Executive Director, Ben Boakye, West African countries must take the matter of demarcating their boundaries seriously to avert negative consequences on ...

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ITLOS victory: Nana Addo to meet with Ivorian officials on Thursday

President Akufo-Addo

President Nana Akufo-Addo has announced that a government delegation from the Ivory Coast will be in the country on Thursday to confer with him on the recent maritime dispute judgment solidifying Ghana’s claim to the oil-rich area at Cape Three Points. In 2007, Ghana discovered oil and gas in commercial quantities, and this was followed by Cote d’Ivoire staking its ...

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Maritime & Shipping Awards organizers laud gov’t over ITLOS victory

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The organizers of the Ghana Maritime & Shipping Awards, Ninetyeightz Events, have congratulated the government of Ghana for winning the three-year-long maritime dispute between the country and Côte d’Ivoire. In a statement issued in Accra, the Chief Executive Officer of the Ninetyeightz Media, Bergis Kojo Frimpong said “Although the ruling favoured Ghana, we believe the victory is for both countries ...

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ITLOS case triggered high interest on Ghana’s Eurobonds

eurobond

Ghana would have had a much lower yield on its 2015 and 2016 Eurobonds, if its case with Ivory Coast over the maritime boundary was not in existence. This was revealed by a former Finance Minister Seth Terkper, who told host of Citi Breakfast Show Bernard Avle, that  the dispute between the two countries led to the high yields Ghana ...

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Akufo-Addo to meet Ivorian diplomats over ITLOS judgment

president-akufo-addo-addressing-the-sdg-meeting

President Akufo-Addo would later this week meet with some diplomats from Côte d’Ivoire over Saturday’s landmark judgment by the International Tribunal for the Law of the Sea (ITLOS) on the two countries’ maritime dispute. The meeting will see the two parties come up with a plan on how to actualize the judgment of the court. The Minister for Information, Mustapha Hamid, ...

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Demarcate Ghana-Togo border to prevent future disputes – Surveyors

ghana-togo-boundary

The Ghana Institution of Surveyors wants Ghana to immediately begin processes to demarcate its boundary with Togo, to prevent a future litigation that might arise over its maritime boundary. Ghana just came out of a three-year legal battle with her western neighbor, Ivory Coast, over the ownership of some oil reserves situated around the West Cape Three Point. This legal ...

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Maritime dispute: 2007 $750m bond was at stake – Terkper

Minister of Finance, Seth Terkper

In the background of the issuance of the 2015 and 2016 bonds, Ghana’s financing of the $750 million 2007 bond, was at stake because of the maritime dispute with Côte d’Ivoire at the International Tribunal of the Law of the Sea. A former Finance Minister, Seth Terkper, revealed on the Citi Breakfast Show that the litigation at ITLOS was a point of interest ...

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Ivory Coast’s frustrations forced Ghana to ITLOS – Dr. Ayine

Dr Dominic Ayine

A former Deputy Attorney General, Dr. Dominic Ayine has disclosed that the Mahama government was compelled to drag Ivory Coast to the International Tribunal of the Law of the Sea (ITLOS) because they frustrated all the bilateral talks on the maritime boundary dispute . Côte d’Ivoire had accused Ghana of overstepping its maritime boundary in the exploration of oil at the ...

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