In a landmark announcement at the Presidential Investment Forum in Beijing, President John Dramani Mahama revealed that Ghana and China are on the verge of finalizing a zero-tariff trade agreement, expected to be signed by the end of this month.
The deal promises to eliminate trade barriers, giving Ghanaian exports unprecedented access to the vast Chinese market.
President Mahama explained that both nations had reached a mutual understanding on the framework of the agreement, which dovetails with China’s initiative to extend its zero-tariff policy to all 53 African states, further strengthening economic and diplomatic ties across the continent. “This agreement will open new doors for Ghanaian businesses, enhance export competitiveness, and deepen the trade relationship between our two nations,” he affirmed.
Beyond the historic trade deal, President Mahama announced the formation of an inter-ministerial committee tasked with conducting feasibility studies for an ambitious Green Digital City project in Ghana. The city, envisioned as a hub for sustainable technology and digital innovation, will be developed in phases over the next two decades.
“The first phase of the Green Digital City project is expected to commence before 2029,” President Mahama stated, emphasizing the project’s potential to attract investment, generate jobs, and promote environmentally responsible urban growth.
Reiterating his administration’s dedication to transformative partnerships, President Mahama underscored Ghana’s role as a regional leader in innovation and trade, and its commitment to advancing economic transformation through strategic alliances.
Source: Apexnewsgh.com
