Tuesday, 14 June 2016

India, Ghana sign three agreements to strengthen co-operation in varied fields


India and Ghana on 13 June 2016 signed three bilateral agreements to strengthen co-operation in varied fields. The agreements were signed during the first ever visit of President Pranab Mukherjee to Ghana, a nation on West Africa’s Gulf of Guinea.




Highlights of the agreements
• The three agreements signed with Ghana included one for visa waivers for holders of diplomatic and official passports and one for setting up a Joint Commission.
• The commission will periodically review various aspects of the multi-dimensional relationship between the two countries. A mutually convenient date for its first meeting will be decided later.
• The third agreement was for collaboration in diplomatic training between the Indian Foreign Service Institute and a Ghanaian institute of the same standing.

India- Ghana Relations
• India is the largest foreign investor in Ghana today, with more than 700 projects. More than 222 of these projects are in the manufacturing sector.
• Bilateral trade between India and Ghana has increased to 1.2 billion US dollars from 538 million US dollars in 2010.
• Ghana has also sought India’s civil nuclear cooperation to explore the possibilities of reducing its dependence on traditional energy sources to cut costs and focus on cleaner environment.
• After hosting the third India Africa Forum Summit (IAFS) in New Delhi in October 2015, India is working on a plan to consolidate and further strengthen its engagement with Africa.


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