The Minister of Foreign Affairs and Regional Integration, Samuel Okudzeto Ablakwa, has revealed that China has offered a 0% tariff on all exports from Ghana.
The minister said the agreement was reached after productive and impactful talks with the distinguished foreign minister of China, His Excellency Wang Yi.
Sharing the news in a Facebook post, Mr Ablakwa stated that China remains Ghana’s number one trading partner, with last year’s trade volume exceeding US$11 billion.
He was confident that the 0% tariff announced will bolster trade, create jobs and produce more local entrepreneurs.
‘’ This 0% tariff on 100% of goods from Ghana and other African countries will bolster trade, create jobs and produce more Ghanaian entrepreneurs.
We also discussed new industrial projects in line with President Mahama’s vision, including exploiting our bauxite for an integrated aluminium industry powered by modern rail infrastructure.’’
Additionally, Ghana and China have agreed to establish an electric car manufacturing plant in Ghana anchored on Ghana’s strategic lithium deposits.
‘’Our bilateral engagement on the sidelines of the ongoing China-Africa summit in Changsha China, further agreed to work towards establishing an electric car manufacturing plant in Ghana anchored on Ghana’s strategic lithium deposits.
Ghana and China will soon sign a special Economic Partnership Agreement to concretise our mutually beneficial partnership.
President Mahama’s administration is firmly committed to leveraging diplomacy for the transformation of our dear country.
Kwame Nkrumah and Chairman Mao will be proud of what Ghana China relations has achieved 65 years after they laid the foundation.’’
By: Rainbowradioonline.com/Ghana
