India-Ghana Current Affairs
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India and Ghana have signed three bilateral agreements to strengthen co-operation in varied fields.
These agreements were signed after delegation level talks between President Pranab Mukherjee and his Ghanaian counterpart John Dramani Mahama in Accra.
The signed agreements include one for visa waivers for holders of diplomatic and official passports and one for setting up a Joint Commission.
Civil Nuclear Cooperation
- During the delegation level talks between Indian President and his Ghanaian counterpart, the African country has sought India’s civil nuclear cooperation to reduce its dependence on traditional energy sources.
President’s 3 African countries tour
- Ghana is the first country visited by the President during the six-day three countries tour as part of India’s agenda of deepening ties with the African countries. The other two African countries include Ivory Coast and Namibia.
- It should be noted that this is the first visit of any Indian President to Ghana and Ivory Coast whereas to Namibia, such official visit comes after two decades.
- India is the largest foreign investor in Ghana with more than 700 projects. Most of these projects are in the manufacturing sector.
- In recent times, bilateral trade between India and Ghana has increased to 1.2 billion dollars from 538 million dollars in 2010.
- Ghana’s main trade with India mainly consists of gold exports which accounts for nearly 80% of total trade. Ghanaian gold is in great demand in India.
- Ghana also has a very prosperous Indian-origin community, roughly around 10,000. Of this population 7,000 have Indian passports with some families arriving here as early as 1920’s.
The Punjab Government has agreed to the Ghana Government’s proposal offering land to Punjab farmers. As per the proposal, the government of Ghana would provide fertile farmland on a long-term lease to Punjab farmers for farm activities. Ghana has made this proposal to promote agriculture as a tool of progress in Ghana and if possible then by Punjab’s expertise in farming.
Punjab Government has assured Ghana that a high-level delegation of officers as well as an expert from Punjab Agricultural University (PAU), Ludhiana, would be sent to Ghana to study the suitability of the entire project.
Ghana also offered Punjab to export finished goods to Ghana. It has invited Punjabi entrepreneurs to visit Ghana to start manufacturing facilities in the country and take advantage of Ghana’s natural resources like various minerals, timber, oil, cocoa, palm oil fish and cotton.