Outgoing UK High Commissioner to Ghana, Harriet Thompson, has highlighted the significant growth in economic relations between the United Kingdom and Ghana, revealing that bilateral trade between the two nations now stands at £1.5 billion.
Speaking on The Point of View on Channel One TV with Bernard Avle on Wednesday, July 16, Ms. Thompson noted that the UK is committed to deepening its economic partnership with Ghana, particularly in the area of trade.
Despite global economic turbulence triggered by the COVID-19 pandemic, she said trade between the UK and Ghana has shown consistent growth.
“Our ambition is to increase the UK-Ghana economic partnership. So partly that is about trade, and it’s very much in two directions. I’m very pleased to say that even after the difficult economic issues we have all seen around the world since the pandemic, the UK-Ghana trade partnership has grown, and that stands at £1.5 billion,” she said.
She added that more than half of that trade value comes from Ghanaian exports to the UK, which are primarily made up of gold and oil. However, she noted that other sectors such as agriculture are beginning to register notable growth.
“Over half of that is Ghanaian exports to the UK. Admittedly, a lot of that is from gold and oil, but other sectors are growing too, including agriculture and other things,” she stated.
Ms. Thompson’s comments come as she wraps up her diplomatic mission in Ghana, during which she oversaw critical UK-Ghana collaborations in trade, climate action, and security.
source: CNR