Ghana’s Ambassador Extraordinary and Plenipotentiary, Dr Winfred Nii Okai Hammond, has emphasized the need for Ghanaian businesses to capitalize on the burgeoning commercial and industrial opportunities in China.
Dr Hammond urged businesses to seize the moment amidst efforts to establish a direct flight route from Guangzhou, China to Accra, Ghana.
Highlighting the exponential growth in trade volumes between the two nations, Dr Hammond revealed that trade figures have surged from US$7 billion to US$10 billion in the last three to four years.
However, he underscored the challenge of limited travel options between Ghana and China, with currently only a few airlines servicing the route.
Dr. Hammond emphasized the strategic importance of establishing a direct flight route between Accra and Guangzhou, citing the latter’s significance as a hub for Ghanaian and West African traders. He emphasized that such a connection would not only facilitate trade but also enhance economic cooperation, particularly with the African Continental Free Trade Area (AfCFTA) Secretariat based in Ghana.
The ambassador stressed the time-saving benefits of a direct flight, highlighting the potential reduction in transit times by 6 to 8 hours, which could significantly enhance business efficiency and productivity.
Acknowledging ongoing discussions supported by Ghana’s Finance and Transport Ministries, Dr. Hammond expressed optimism about the imminent realization of a direct flight route. He disclosed that talks have progressed significantly, with the involvement of relevant government agencies and potential airline partners like China Southern.
Dr. Hammond underscored the pivotal role of collaboration with China in Ghana’s economic development, noting China’s support in securing loans from the International Monetary Fund (IMF). He urged Ghanaian businesses to recognize the efforts made by the Ghanaian government in strengthening ties with China and encouraged them to leverage the favorable business climate in China to expand their enterprises legitimately.
Dr. Hammond reiterated the importance of fostering stronger economic cooperation between Ghana and China, emphasizing the mutual benefits it could bring to both nations. He expressed confidence in Ghana’s ability to capitalize on China’s economic boom for its own advancement, urging businesses to seize the opportunities presented by this burgeoning partnership.