Aiming to quadruple trade in five years, India and Ghana sign important agreements during PM Modi's visit


India and Ghana have elevated their bilateral relationship to a Comprehensive Partnership during Prime Minister Narendra Modi’s historic visit — the first by an Indian Prime Minister to Ghana in 30 years. PM Modi met with President John Dramani Mahama, holding wide-ranging discussions focused on strengthening economic, defence, cultural, and digital cooperation.

Key outcomes of the visit:

  • Doubling of Trade: Both leaders agreed to double bilateral trade within five years. PM Modi noted Indian companies have already invested nearly $2 billion across 900 projects in Ghana.

  • Digital and FinTech Cooperation: India offered to share its UPI-based digital payments expertise with Ghana to boost financial inclusion.

  • Defence and Security: India will enhance Ghana’s defence capabilities through training and supply of equipment, while also deepening counter-terrorism cooperation.

  • Support for Vaccine Hub & Agriculture: India pledged assistance to help Ghana emerge as a regional vaccine production hub and committed to bolstering its agriculture sector to achieve food security.

Four MoUs were signed:

  1. Cultural Exchange Programme – to promote mutual understanding of art, heritage, and literature.

  2. Standards and Quality Control – between India’s Bureau of Indian Standards and the Ghana Standards Authority.

  3. Traditional Medicine – for collaboration on education, training, and research.

  4. Joint Commission Meeting Mechanism – to institutionalize regular high-level dialogues.

India also reaffirmed its support for the Global South, welcomed the African Union’s inclusion in the G20, and emphasized solidarity on global challenges like terrorism.

In a significant gesture, PM Modi was conferred with Ghana’s highest civilian honourThe Officer of the Order of the Star of Ghana — for his "distinguished statesmanship and influential global leadership."


 

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