Ghana and India have set an ambitious target of increasing bilateral trade to $6 billion as the two countries seek to deepen economic cooperation and expand opportunities for businesses and investors.
The Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, disclosed this when he received the letters of credence from India’s new High Commissioner to Ghana, His Excellency Surinder Bhagat.
Mr. Ablakwa said the two countries had identified agriculture, information and communication technology (ICT), and pharmaceutical manufacturing as key areas for expanded collaboration.
According to him, stronger partnerships in these sectors would help create jobs, particularly for young people, while supporting Ghana’s broader economic transformation agenda.
“We have an ambitious target; we want to double our trade volumes. In the medium term, we are looking at $6 billion, which is doable,” he said.
The Minister said Ghana was particularly interested in India’s expertise and technological capacity in agriculture, including the supply of machinery and other equipment.
He added that President John Dramani Mahama was keen on strengthening Ghana-India cooperation to support the implementation of the Feed Ghana initiative.
Mr. Ablakwa also highlighted the information technology sector as another area with significant potential for collaboration, saying increased cooperation with India could help advance Ghana’s digital economy and create more opportunities for young people.
He expressed optimism that the proposed partnerships would further strengthen economic ties between Ghana and India and contribute to increased trade, investment and job creation.
Story by Freedom Etsey Lavoe
