Browsing: The 2021 US Ghana Business Forum

Ghanaian government calls for strategic partnership with USA to see Covid-19 economic transformation

Industry and Trade

The Ghanaian government is calling for a strategic partnership with the United States of America to set up a post Covid-19 economic transformation agenda which will mutually benefit the two countries.

This is according to the Ghanaian Trade and industry minister Alan Kyerematen, who says that this will enable the country to attract more investments from the USA to take advantage of the African Continental Free Trade Area

Ghana is currently USA’s 83rd largest goods trading partner with $1.8 billion in total (two way) goods trade during 2019. Goods exports totaled $840 million; goods imports totaled $943 million. The U.S. goods trade deficit with Ghana was $103 million in the same year.

The Ghanaian Trade minister also explained that the country’s economy was being diversified from cocoa, gold and oil to pharmaceutical, energy and telecommunications, amongst others.

Speaking at the virtual 2021 US Ghana Business Forum which opened yesterday, Mr. …