China has offered a 0% tariff on all exports from Ghana, further solidifying its position as Ghana’s largest trading partner. This announcement was made during high-level bilateral talks on the sidelines of the ongoing China-Africa Summit in Changsha, where Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, held discussions with China’s Foreign Minister, Wang Yi.
“China has offered 0% tariff on all exports from Ghana. This 0% tariff on 100% of goods from Ghana and other African countries will bolster trade, create jobs, and produce more Ghanaian entrepreneurs.” Ablakwa stated.
The move comes as trade between the two nations continues to flourish, with bilateral trade volume exceeding US$11 billion in 2024 alone. The tariff exemption is expected to unlock a new era of Ghanaian exports to the vast Chinese market, benefiting sectors from agriculture to manufacturing and boosting local production.
Beyond trade, the discussions also advanced a range of strategic industrial collaborations aligned with President John Dramani Mahama’s vision of a modern, industrialised Ghana. This includes joint plans to develop Ghana’s bauxite resources into an integrated aluminium industry, supported by modern rail infrastructure for efficient transportation.
In a forward-looking development, the two countries agreed to work toward establishing an electric vehicle manufacturing plant in Ghana, leveraging the country’s strategic lithium deposits.
Ghana and China are also preparing to sign a special Economic Partnership Agreement to formalize and deepen their fast-growing economic cooperation.
Reflecting on the enduring legacy of bilateral relations, Ablakwa remarked, “Kwame Nkrumah and Chairman Mao will be proud of what Ghana-China relations have achieved 65 years after they laid the foundation.”
