Ghana’s President Keen on Deeper Trade Ties with France

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Ghana’s President Nana Akufo-Addo has stressed the need for Ghana and France to renew and deepen trade ties.

According to the President, “relations with France must be characterised by an increase in trade and investment co-operation, not aid.”

Mr. Akufo-Addo said this when the President of France, Emmanuel Macron paid a day’s to Ghana yesterday 30th November 2017.

“Trade and investment are the ways to develop healthy relations between our two countries, and put Ghana at the high end of the value chain in the global marketplace, and create jobs for the teeming masses of Ghanaians, particularly the youth. Our vision is to build a free, prosperous, independent country, a Ghana beyond aid,” he added.

The President further noted that Ghana, under his leadership, has decided to turn her back on the old economy, which is dependent on the production and export of raw materials, stressing that “we want to build a value-added, industrialised economy with a modernised agriculture, which is neither victim nor pawn of the world economic order.”

Recounting the bonds of friendship that exist between the two countries, President Akufo-Addo indicated that Ghana and France have strong ties in trade, investments, civil and security co-operation, amongst others, with statistics indicating that French investments in Ghana totalled €1.5 billion in 2015, making Ghana the seventh-biggest destination of French investments in sub-Saharan Africa.

Nonetheless, the President believes that this can be improved on, adding, “My government has put in place measures to make Ghana the most business-friendly economy in Africa. These measures are aimed at attracting investment into Ghana, as well as stimulating growth of the private sector.”

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