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    You are at:Home»News»India-Ghana commit to double trade from $3billion to $6billion
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    India-Ghana commit to double trade from $3billion to $6billion

    Papa LincBy Papa LincJuly 5, 2025No Comments2 Mins Read0 Views
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    Indian Prime Minister, the VEEP and the Foreign Affairs minister in a photograph Indian Prime Minister, the VEEP and the Foreign Affairs minister in a photograph

    The Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has outlined key milestones chalked after the visit of the Indian Prime Minister, Narendra Modi, to Ghana.

    According to him, the visit did not only rewrite history, but also led to the strengthening of diplomatic ties between India and Ghana.

    In a post on X announcing the conclusion of the Prime Minister’s visit, Ablakwa wrote: “Indian Prime Minister Narendra Modi’s state visit to Ghana has come to an end but this was not merely historic because Ghana hasn’t hosted an Indian PM in 30 years; it marks a watershed moment in our diplomatic relations.”

    He listed a summary of key visionary agreements reached between Ghana and India as follows:

    1) Elevating our bilateral relations to a Comprehensive Partnership, which makes us special allies for wider and deeper priority cooperation;

    2) Committing to double trade from the current $3billion to $6billion in the short term;

    3) Partnership with India being the world’s pharmaceutical headquarters to make Ghana the Vaccine Hub of Africa so we can change the unacceptable situation where Africa produces only 1% of its vaccine requirements;

    4) A strategic Defense Cooperation Pact;

    5) A standardization of trade standards;

    6) Establishment of a world-class Institute for Medicines at the University of Health and Allied Sciences (UHAS);

    7) Enhanced Agricultural Cooperation for rapid agric modernization and food security;

    8)Digital Technologies Collaboration to support President Mahama’s One Million Coders Initiative, Innovation Hub and Fintech Promotion — acknowledging that 50% of global digital transactions take place in India;

    9) Renewable Energy Partnerships under the Solar Alliance;

    10) New Terms for deeper Creative Arts and Cultural Exchange.

    The Indian Prime Minister visited Ghana on July 2, 2025, to strengthen diplomatic ties and bilateral trade relations.

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