Pressdia Ad

Ghana Set to Sign Major Trade Deal With China

Ghana is preparing to finalize a landmark trade agreement with China aimed at boosting exports, supporting industrialization, and creating jobs, according to Business Insider Africa.

Trade Minister Elizabeth Ofosu‑Adjare confirmed that the agreement includes a zero-tariff framework for key Ghanaian commodities such as cocoa, cashew, and shea butter. The deal is designed to improve market access in China, reduce Ghana’s trade deficit, and strengthen the competitiveness of local producers on the global stage.

Officials anticipate the agreement will be formally signed in the coming weeks. GraphicOnline says the pact could stimulate job creation in agriculture, processing, and manufacturing, while helping Ghana diversify its exports beyond traditional markets.

The deal builds on ongoing Ghana–China economic cooperation, which includes investment partnerships and strategic industrial projects. China remains one of Ghana’s largest trading partners, with trade volumes continuing to grow, reflecting deepening bilateral economic ties.

Image Source: africa.businessinder.com

Pressdia Ad

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Pressdia Ad

Subscribe

Latest Posts

Hong Kong Aims to Attract More Borrowers in Offshore Yuan Push

Hong Kong is intensifying efforts to strengthen its position as the...

Glencore to Purchase Nearly $115 Million in Cobalt From Industry Veteran Weisfisch

Global commodities trader Glencore has agreed to buy almost 2,000 metric...

Nigeria to Launch New Crude Grade Exports in March, Boosting Output

Nigeria will begin exporting a new light sweet crude grade, Cawthorne,...

Nigeria’s Central Bank Delivers Modest Rate Cut to Restart Easing Cycle

The Central Bank of Nigeria has reduced its benchmark Monetary Policy...

Proof, Documentation, and Third-Party Validation

In serious markets, credibility is not claimed. It is verified. This...

Turkey Intensifies Africa Engagement With Push Into Oil and Spaceports

Turkey is expanding its strategic and economic footprint across Africa, focusing...

Nigeria Opens Negotiations for $5.7 Billion Chinese Investment in Power and Mining

Nigeria has commenced discussions with Chinese investors to secure up to...

Related Posts

Hong Kong Aims to Attract More Borrowers in Offshore Yuan Push

Hong Kong is intensifying efforts to strengthen its position...

Glencore to Purchase Nearly $115 Million in Cobalt From Industry Veteran Weisfisch

Global commodities trader Glencore has agreed to buy almost...

Nigeria to Launch New Crude Grade Exports in March, Boosting Output

Nigeria will begin exporting a new light sweet crude...

LEAVE A REPLY

Please enter your comment!
Please enter your name here