Ghana secures 0% tariffs for exported goods to China- Okudzeto Ablakwa
GhanaWeb, 12 June 2025
Ghana secures 0% tariffs for exported goods to China- Okudzeto Ablakwa
In a post on his X page on Tuesday June 12, 2025, and sighted by GhanaWeb Business, Okudzeto revealed that China has agreed to offer a 0% tariff on all exports from Ghana - a move expected to boost trade, create jobs, and empower Ghanaian entrepreneurs.
"The zero-tariff agreement on 100% of goods from Ghana and other African countries will bolster trade, create jobs, and produce more Ghanaian entrepreneurs," he stated.
China has long been Ghana’s largest trading partner, with bilateral trade surpassing $11 billion in 2024.
The meeting also paved the way for a series of strategic industrial collaborations.
Key among them is a joint plan to develop an integrated aluminum industry which seeks to utilise Ghana’s rich bauxite reserves.
The initiative aligns with President John Mahama’s industrialisation agenda supported by modern rail infrastructure to enhance value addition and export potential.
"We also discussed new industrial projects in line with President Mahama’s vision including exploiting our bauxite for an integrated aluminium industry powered by modern rail infrastructure," he revealed.
Both countries also agreed to formalise their expanding economic cooperation through a Special Economic Partnership Agreement, which will further cement Ghana-China relations as they mark 65 years of diplomatic ties.
"President Mahama’s administration is firmly committed to leveraging diplomacy for the transformation of our dear country. Kwame Nkrumah and Chairman Mao would be proud of what Ghana-China relations have achieved," he added.
