Ghana-Canada trade: Mahama and Carney back new economic framework at CHOGM
A Letter of Intent will guide talks on a Canada-Ghana framework covering renewable energy, mining, critical minerals and infrastructure.
Canadian Prime Minister Mark Carney and Ghanaian President John Dramani Mahama convened at the Commonwealth summit in Antigua and Barbuda on Tuesday, November 3. They endorsed the development of a new Canada-Ghana economic cooperation framework, which would create commercial opportunities in renewable energy, mining, critical minerals and infrastructure.
The framework, as per a statement from Carney's office, would facilitate growth in merchandise trade between the two nations. Canadian exports to Ghana surged by 35 percent over the past year, while Ghana's exports to Canada are primarily cocoa and cocoa products, gold, and soya beans. The framework, though not yet in effect, was recently endorsed through a Letter of Intent.
This framework is to provide new business opportunities for Canadian workers and companies. During their meeting, the leaders also discussed building resilient economies and agreed to maintain close contact.
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