Bilateral trade between India and Ghana may touch five billion dollars

The new envoy of Ghana said bilateral trade between India and his country is expected to touch USD 5 billion in the next three years.

Published: 10th November 2017 04:30 PM  |   Last Updated: 10th November 2017 06:22 PM   |  A+A-

For representational purposes (File | Reuters)

By PTI

MUMBAI: The new envoy of Ghana has said bilateral trade between India and his country is expected to touch USD 5 billion in the next three years.

"Bilateral trade relations between India and Ghana are growing exponentially. We intend to expand our bilateral trade with India from USD 3 billion to USD 5 billion in the next three years," Ghana's new Ambassador to India Mike Aaron Oquaye Jnr told reporters here last night.

A high powered delegation from Ghana comprising the Speaker of Parliament of Ghana Aaron Mike Oquaye along with delegates from the One District One Factory, from the President's office, The Exim Bank of Ghana and Ghana Commercial Bank visited the city to seek business opportunities.

"We seek Indian investments into agri and food processing, palm oil, jute, cocoa processing, pharmaceutical and solar sectors. We will work towards expanding business, economic and bilateral trade between India and Ghana by promoting and stimulating the Mumbai business community to look towards Ghana," Oquaye said.

"We will work towards expanding business, economic and bilateral trade between India and Ghana by promoting and stimulating the Mumbai business community to look towards Ghana," the Ambassador added.

According to Oquaye, it is expected that by the end of 2017, about 51 districts across Ghana would rollout business enterprises under the One-District-One Factory initiative.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp