- China has announced a 0% tariff on all exports from Ghana and 52 other African countries, a move expected to boost trade, create jobs, and support local industries.
- The tariff removal was revealed during the China-Africa Summit in Changsha, with plans for a broader Economic Partnership Agreement underway—though Eswatini is excluded due to its diplomatic stance on Taiwan.
China has offered a 0% tariff on all exports from Ghana, the Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has announced.
The decision was taken on the sidelines of the ongoing China-Africa summit in Changsha, China, the minister stated.
“China has offered 0% tariff on all exports from Ghana. China is Ghana’s number one trading partner with last year’s trade volume exceeding US$11billion. This 0% tariff on 100% of goods from Ghana and other African countries will bolster trade, create jobs and produce more Ghanaian entrepreneurs.
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“We also discussed new industrial projects in line with President Mahama’s vision, including exploiting our bauxite for an integrated aluminium industry powered by modern rail infrastructure,” Ablakwa wrote on X and Facebook.
He also indicated that Ghana and China will soon sign a special Economic Partnership Agreement, whose details were not made clear.
Ghana would not be the only African country benefiting from this arrangement. The BBC reports that China plans to drop the tariffs it charges on imports from 53 African countries.
“The zero-tariff move, when implemented, will be an extension of the deal made last year for China to drop tariffs on goods from 33 African nations classified as “least developed”.
“The expanded list will include some of China’s largest trading partners on the continent, including South Africa and Nigeria. China has not said when the decision will come into effect,” the BBC said.
Eswatini is the only African country excluded from the 0% tariff announcement. This is because it recognises Taiwan as an independent country, whereas China regards it as a breakaway province.