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Ghana and China: Building a Shared Future through Economic Cooperation

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Report By: Ishmael Barfi 

The Ghana-China Friendship Association’s (GHACHIFA) 25th anniversary celebration marked a significant milestone in the enduring relationship between Ghana and China.

At the event, Chinese Ambassador Tong Defa pledged China’s support for Ghana’s ambitious 24-hour economy policy, aimed at transforming the country’s economic landscape.

This development signals a new chapter in the bilateral ties between Ghana and China, with potential benefits for trade, investment, and economic growth.

Chinese Ambassador Tong Defa

But what does this mean for Ghana’s economic future, and how will this partnership shape the country’s development trajectory? Let’s take a closer look.

The 24-hour economy policy, launched by President John Dramani Mahama, seeks to boost exports and empower local entrepreneurs.

China’s support for this initiative demonstrates its commitment to enhancing economic cooperation with Ghana.

Ambassador Tong highlighted the signing of a bilateral agreement providing 200 million RMB in non-reversible assistance, further solidifying the partnership.

Ghana and China: Building a Shared Future through Economic Cooperation

With this partnership, Ghana and China aim to build an “All-Weather China-Africa Community with a Shared Future for the New Era.”

This collaboration has the potential to drive economic growth, increase trade, and foster mutual benefit.

As Ghana embarks on this new chapter, the possibilities for development and progress are vast.

 

Source: www.thenewindependentonline.com

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