China has approved an additional grant of 200 million yuan (¥) to support critical development projects in Ghana.
This was confirmed by President Jon Dramani Mahama in an official post on Facebook.
He revealed that the new funding followed bilateral talks he held with President Xi Jinping of China. The latest approval adds to an earlier renminbi facility of ¥200 million, bringing the total support to ¥400 million.
He explained that the approval was in addition to an earlier grant of 200 million RMB for the construction of the proposed Aflao Market and renovation of the National Theatre in Accra.
According to him, the Aflao market will be an important trading platform linking Ghana and Togo and is key to our #ResettingGhana Agenda.
He noted that ‘’Ghana is looking forward to finalising the Zero Tariff Policy with China by the end of October.
We also discussed implementing measures to ensure responsible and licensed small scale mining in Ghana, even as our business communities explore the many opportunities for trade and investment.
He indicated that China has expressed interest in the 24-hour economy policy, saying ‘’China is excited about Ghana’s 24 hour economy initiative and Green Transition policy and is positioning itself to partner with government and our business sector.’’
President Mahama concluded, saying ‘’I reassured President Xi of Ghana’s commitment to the One China Policy and to continue our collaboration towards a new Global System of Governance being spearheaded by him’’.
By: Rainbowradioonline.com/Ghana
