President John Dramani Mahama highlighted Ghana’s growing role as a strategic hub for trade and investment, particularly in its relations with China.
Mahama recounted his recent interactions with Chinese leadership, praising the swift approval of Ghana’s debt negotiations under the G20 bilateral creditor framework.
“China is a co-chairman of our bilateral creditor committee,” Mahama explained an interview with YouTuber Wode Maya monitored by MyNewsGh.
“It gave us an opportunity to express our appreciation to President Xi and discuss key issues, including trade policies and investment opportunities.”
The President disclosed that Ghana has agreed in principle on a 0% tariff arrangement for exports to China, pending final negotiations.
He emphasized the importance of harmonizing Ghanaian and Chinese product standards to ensure smooth trade and access to Chinese markets.
President Mahama also outlined Ghana’s plans to position itself as a gateway to Africa.
With expanded and efficient ports, the country aims to attract not only Chinese but also global investors to establish manufacturing and export hubs for distribution across the continent.
“Our economy is stable, interest rates have come down, inflation has eased, and the currency has stabilized,” Mahama said. “This is the time to attract investors to create Ghana as a hub for trade across Africa and beyond.”
