Ghana is seeking to reshape its trade relationship with China by moving beyond the export of raw materials and increasing the production and export of value-added goods.
Speaking at the opening of the Fifth Session of the Ghana–China Joint Commission, Finance Minister Cassiel Ato Forson said Ghana’s position as China’s largest trading partner must be matched by a more beneficial trade structure.
“Ghana’s priority is to process more of what we produce and export more value-added goods, including processed cocoa, to China,” he said.
Ato Forson said Ghana was also looking to attract Chinese investments that would contribute directly to the country’s industrial development and create opportunities for local businesses and workers.
“We are also seeking investments that build factories, transfer technology, support Ghanaian businesses, train our people and create sustainable jobs,” he added.
Rather than relying heavily on the export of unprocessed commodities, Ghana wants increased investment in local processing, manufacturing, technology transfer and skills development to strengthen domestic production and create sustainable employment.
