At the China- Ghana Trade Gathering in Shenzhen, China, on September 7, 2024, President Nana Addo Dankwa Akufo- Addo made a compelling case for expanded Chinese venture in Ghana.
Addressing a gathering of Chinese commerce pioneers, the President emphasized the longstanding relationship between Ghana and China, as well as the critical venture openings accessible in segments extending from fabricating to horticulture and green vitality.
Opening his discourse with a Chinese saying, " If you need to walk distant, walk with somebody, " President Akufo- Addo symbolized Ghana' s want to walk hand- in- hand with China on the way to long- term financial progress.
He pushed Ghana' s assurance to learn from China' s victory and develop ties with its commerce community for common success.
He highlighted the strong exchange relations between Ghana and China, noticing that China has been Ghana' s biggest exchanging accomplice since 2015, with two-sided exchange coming to $9. 23 billion in 2023. He commended Chinese companies for their ventures in key segments such as development, vitality, agribusiness, and ICT, crediting China' s developing nearness in Ghana to the nation' s soundness, security, and ideal venture environment.
Reflecting on worldwide challenges such as the COVID- 19 widespread and the continuous Russia- Ukraine war, the President underscored how these occasions uncovered auxiliary shortcomings over Africa.
He called on the trade community to accomplice with Ghana to make strong, climate- cognizant, and expanded economies competent of withstanding future worldwide stuns. Concurring to him, worldwide participation will be basic in building economies that flourish in spite of worldwide disturbances.
President Akufo- Addo moreover highlighted Ghana' s advance beneath his organization, noticing the government' s endeavors to cultivate a trade- inviting environment since 2017.
He pointed out that Ghana' s economy developed quickly between 2017 and 2020, with an normal yearly GDP development rate of 7%. In spite of mishaps from the widespread and geopolitical challenges, the President communicated good faith almost Ghana' s return to solid financial growth.
He encourage explained on the government' s Ghana CARES ' Obaatampa' Program, a comprehensive financial revitalisation arrange pointed at tending to the challenges caused by the widespread.
The program looks for noteworthy private segment speculation in key zones such as agribusiness, agro- handling, lodging, and healthcare. He welcomed Chinese businesses to take part, accentuating the significance of organization in modifying the economy.
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