Ghana and Panama have signed a Memorandum of Understanding (MoU) to establish formal bilateral political consultations, creating a framework for deeper cooperation in trade, maritime affairs, cocoa and the extractive sector.
The agreement was signed on September 20, 2026, in New York on the sidelines of the 81st United Nations General Assembly by Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa, and his Panamanian counterpart, Javier Eduardo Martínez-Acha Vásquez.
The MoU goes beyond political consultations, with both countries also identifying key areas for economic and technical cooperation.
Maritime cooperation is one of the key areas covered by the agreement, with the two countries expected to explore opportunities for technical cooperation and knowledge sharing in shipping, transport and logistics.
The agreement also identifies cocoa production and enhanced trade as areas for cooperation, creating potential avenues for Ghana to strengthen commercial links with Panama and expand access to the Latin American market.
Technical assistance in the extractive sector is another component of the framework, potentially allowing institutions in both countries to exchange expertise and practices in resource management and related industries.
The agreement gives Ghana and Panama a framework to move beyond diplomatic engagement and pursue practical cooperation in trade, technical support and private-sector activity.
