Zero-Tariff Deal Will Strengthen Ghana–China Trade Relations – President Mahama

President John Dramani Mahama has lauded the steady growth of Ghana’s trade relations with China, revealing that bilateral trade reached US$11.8 billion in 2024 — a rise of over 7% compared to the previous year.

In an interview with China Global Television Network (CGTN), President Mahama noted that China remains Ghana’s largest trading partner and expressed confidence that the momentum will continue as both countries deepen economic cooperation.

“11.8 billion dollars of trade between Ghana and China in 2024 — that is more than a 7% annual increase,” he said. “The zero-tariff policy is now taking effect, and I believe it will create a favourable environment for further growth in our trade.”

The remarks coincided with the 65th anniversary of diplomatic relations between Ghana and China, which both governments regard as an opportunity to explore new avenues of partnership in a changing global context.

During the interview on CGTN’s Leaders Talk programme, hosted by Wang Guan, Mahama reflected on his recent discussions with Chinese President Xi Jinping and China’s proposed Global Governance Initiative, which seeks to strengthen cooperation with developing nations amid geopolitical shifts.

He emphasised that progress toward a zero-tariff trade arrangement with China, along with Beijing’s long-standing support for Africa’s infrastructure, industrialisation, and vocational training, will play a key role in Ghana’s modernisation agenda.

President Mahama concluded that enhanced collaboration with China will be central to Ghana’s economic transformation, supporting the country’s transition from political independence to sustainable development. The interview signals renewed engagement between Accra and Beijing to expand trade, investment, and technological cooperation in the coming years.