Zero-Tariff Agreement With China To Be Finalised By October 2025 – Mahama

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Zero-Tariff Agreement With China To Be Finalised By October 2025 – Mahama

Zero-Tariff Agreement With China To Be Finalised By October 2025 - MahamaZero-Tariff Agreement With China To Be Finalised By October 2025 – Mahama

President John Dramani Mahama has revealed that Ghana and China are on track to finalise a zero-tariff trade agreement by the end of October 2025.

Speaking at the Presidential Investment Forum in Beijing, President Mahama praised the Chinese government for what he described as “an act of solidarity,” noting that the deal would greatly enhance Ghana’s export capacity and industrial development.

Zero-Tariff Agreement With China To Be Finalised By October 2025 - Mahama

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He explained that the zero-tariff policy would unlock new opportunities for Ghanaian exporters, agro-processors, and manufacturers by providing greater access to China’s vast market.

“From 2020 to 2024, China’s exports to Ghana increased by nearly 46%, while Ghana’s exports to China rose by over 11%. This zero-tariff access reflects China’s confidence in our partnership and opens wider markets for Ghanaian businesses,” he said.

The President further disclosed that both governments had reached an agreement in principle and were working towards completing the final steps before the end of October.

“I am pleased to announce that we have agreed in principle and expect to sign off on the zero-tariff framework by the end of October. I commend the Government of China for this gesture of solidarity,” he stated.

Zero-Tariff Agreement With China To Be Finalised By October 2025 - Mahama

China’s expanded zero-tariff initiative, which will include all 53 African nations, aims to strengthen economic cooperation and promote fairer trade relations between Africa and global markets.

Source: Citinews

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