Foreign Affairs Minister Samuel Okudzeto Ablakwa shared news about China removing all taxes on Ghana goods. China agreed to charge zero tariffs on every item that Ghana ships overseas. The two countries traded $11 billion worth of products during 2024. Ghana counts China as its biggest trading partner around the world. Both nations met during the China-Africa summit held at Changsha.
Chinese Foreign Minister Wang Yi discussed major factory projects with Ablakwa during their talks. The countries plan to build aluminum plants using Ghana bauxite and train systems. Ghana and China want to create electric car factories that use local lithium deposits. These projects match President John Mahama ideas for growing Ghana industries. Officials believe the zero tariff deal will help create more jobs for citizens.
Ablakwa expects the tax-free exports to boost business across Africa beyond just Ghana. Many African countries receive the same zero tariff treatment from China starting soon. Ghana and China will sign a special partnership agreement that helps both nations profit from trade. The deal opens doors for more African entrepreneurs to sell products without extra costs.
Chinese Foreign Minister Wang Yi discussed major factory projects with Ablakwa during their talks. The countries plan to build aluminum plants using Ghana bauxite and train systems. Ghana and China want to create electric car factories that use local lithium deposits. These projects match President John Mahama ideas for growing Ghana industries. Officials believe the zero tariff deal will help create more jobs for citizens.
Ablakwa expects the tax-free exports to boost business across Africa beyond just Ghana. Many African countries receive the same zero tariff treatment from China starting soon. Ghana and China will sign a special partnership agreement that helps both nations profit from trade. The deal opens doors for more African entrepreneurs to sell products without extra costs.
