Ghana and China are on the verge of concluding a landmark zero-tariff trade agreement that is expected to strengthen bilateral relations and open up new markets for Ghanaian exports.
This was disclosed by President John Dramani Mahama during the Presidential Investment Forum held in Beijing, China, where he praised the Chinese government for what he described as a “remarkable gesture of solidarity.”
According to President Mahama, the agreement — expected to be finalized by the end of October 2025 — will eliminate tariffs on selected Ghanaian products entering the Chinese market, a move he said would significantly enhance Ghana’s export competitiveness and industrial growth.
“Between 2020 and 2024, China’s exports to Ghana rose by nearly 46% while Ghana’s exports to China increased by over 11%. China’s decision to grant zero-tariff access to Ghanaian and African products signals confidence in our partnership. It opens vast new markets for Ghanaian exporters, agro-processors, and manufacturers,” President Mahama said.
He added that the two nations had already reached an agreement in principle and were working to finalize the deal within weeks.
“I’m happy to inform you that we reached an agreement in principle, and we have targeted the end of October to be able to sign off on the zero-tariff principle. I wish to commend the Government of China for this act of solidarity,” he noted.
The zero-tariff policy forms part of Ghana’s broader effort to diversify exports, attract foreign investment, and accelerate industrial transformation through stronger South-South economic cooperation.
