Business & Finance

China Removes Tariffs On All Ghanaian Imports

China has removed tariffs on all goods from African countries including Ghana, the Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has announced.

The agreement was reached with the Foreign Minister of China, Wang Yi during a “productive and impactful talks” on the sidelines of the ongoing China-Africa summit in Changsha in China on June 11, 2025.

“China has offered 0% tariff on all exports from Ghana.”

This is envisioned to bolster trade, create jobs and produce more Ghanaian entrepreneurs.

China is Ghana’s number one trading partner with last year’s trade volume exceeding US$ 11 billion.

Additionally, the two countries have agreed to collaborate on building an electric car manufacturing plant anchored on Ghana’s strategic lithium deposits.

Further to this, the leaders discussed new industrial projects including exploiting bauxite for an integrated aluminium industry powered by modern rail infrastructure.

“Ghana and China will soon sign a special Economic Partnership Agreement to concretise our mutually beneficial partnership,” he noted.

 

Source: https://opemsuo.com/author/hajara-fuseini/

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