Vice-President Kwesi Bekoe Amissah-Arthur has announced that Ghana is making efforts to export more products to China to close the trade imbalance between the two countries that currently favours China. Ghana is said to be exploring new markets for cocoa beans and other non-traditional commodities such as garments and artefacts. Ghana has targets to export about $5 billion worth of non-traditional products and the Chinese market is a key destination.
The Vice-President stated: “We are developing into new trade relations so that Ghana can export more to China” He also applauded the Chinese government for its immense support for Ghana, particularly the $3 billion loan from the China Development Bank (CDB) which, he said, was popular with Ghanaians. Mr Amissah-Arthur also announced that President John Dramani Mahama would soon send a powerful delegation to China to resolve the challenges surrounding the issue.
Ambassador Jianzhong, pledged to promote trade and bilateral relations which had developed between the two countries over the years.
“We will build a modern society that will ensure that our people live comfortably. We will support Ghana’s Better Ghana agenda,” he said.
The relationship between the two countries dates back to the era of Ghana’s independence, with China supporting Ghana largely in its infrastructural development.
GUBA Question: Will these non-traditional commodities be popular enough to generate income? Let us know what you think.