4th Joint Trade Committee Meeting concluded between India and Ghana.
With the aim of enhancing bilateral trade and investment cooperation, the fourth session of the India-Ghana Joint Trade Committee (JTC) was recently held in Accra.
During the two-day meeting on May 2-3, India and Ghana agreed to operationalize the National Payments Corporation of India (NPCI) UPI on the Ghana Interbank Payment and Settlement System (GHIPS) within six months.
The possibility of both countries signing an MoU on digital transformation solutions and local currency settlement systems was also explored.
The Indian delegation included officials from the Geological Survey of India, Exim Bank, and the Indian Pharmacopoeia Commission, reflecting India’s diverse interests in Ghana.
With bilateral trade valued at US$2.87 billion in 2022-23, Ghana is a major trading partner for India in the African region.
India is one of the leading investors in Ghana, with investments spanning sectors such as pharmaceuticals, construction, manufacturing, business services, agriculture, and tourism.
