President Mahama says Ghana will boost exports to China under tariff-free pact

President John Dramani Mahama says Ghana intends to maximise its trade volumes with China following the recent tariff-free trade agreement signed between Beijing and 53 African countries.

He explained that the pact creates an opportunity for Ghana to scale up production, especially in agriculture, and tap into China’s vast market of 1.4 billion consumers.

Speaking to the media at the Jubilee House in Accra, the President said Ghana is well positioned for accelerated socio-economic growth under the new arrangement, which eliminates import duties and expands access to critical markets.

Bilateral trade between Ghana and China hit a historic high of US$11.84 billion in 2024, cementing China’s position as Ghana’s largest trading partner. The cooperation now spans agriculture, critical minerals, and rare earth supply chains.

President Mahama stressed that with Ghana’s extensive arable land, his administration is determined to boost agricultural productivity and ensure food security. Farmers, he noted, are being supported with incentives to raise output for both local consumption and export.

“The global market has become increasingly unpredictable,” he said, referencing trade tensions between the United States and other economies. “That is why we are focusing on home-grown policies to harness our agricultural potential and leverage this tariff-free access.”