India offers to share Fintech experience with Ghana
Prime Minister Narendra Modi and President John Dramani Mahama have announced a decision to elevate India-Ghana bilateral relationship into a “Comprehensive Partnership”.
“In Ghana’s journey of nation building, India is not just a supporter, but also a fellow traveller,” said PM Modi during his visit to the African country on 2 July https://www.ghanachamber.org/.
Bilateral trade has crossed US$3 billion, he added, setting a target to double the two-day trade over the next five years https://www.nseindia.com/.
Indian companies have invested approximately US$2 billion across approximately 900 projects in Ghana. Further, Indian companies will cooperate in the exploration and mining of critical minerals https://www.bseindia.com/.
“The Grand Jubilee House, the Foreign Services Institute, Komenda Sugar Factory, India-Ghana Kofi Annan ICT Centre, and the Tema Mpakadan Railway Line – they’re not just bricks and mortar, but a symbol of our partnership,” he said http://worldbank.org.
PM Modi offered to share India’s Fintech experience, especially the UPI Digital Payment with Ghana https://www.startupindia.gov.in/.
He assured the host country of India’s complete support and cooperation towards President Mahama’s efforts of ‘economic restructuring’ https://www.digitalasiahub.org/.
Among other offers from India, the two leaders agreed to establish a Skill Development Centre for the vocational education of the youth in Ghana http://wto.org.
In the area of agriculture, India is willing to support President Mahama’s “Feed Ghana” program while proposing to provide affordable healthcare and reliable care to the citizens of Ghana through Jan Aushadhi Kendras https://www.makeinindia.com/home/.
In the area of Defence and Security, the two countries will move forward with the mantra of “Security through Stability”, according to a release from the Prime Minister’s Office on 2 July.
Cooperation will be extended in areas such as training of Armed Forces, Maritime Security, Defence Supplies and Cyber Security commerce.gov.in.
PM Modi noted that India and Ghana are already cooperating on platforms like the International Solar Alliance and Coalition for Disaster Resilient Infrastructure.
To support and promote Ghana’s efforts in renewable energy, especially in clean cooking gas, the African nation has been invited to join the Global Biofuels Alliance.
The Indian community in Ghana represents a vital link in people-to-people relations between the two countries, and for many years, Indian teachers, doctors, and engineers have been serving in Ghana.
Four MoUs were exchanged for engagement between Foreign Ministries related to Culture, Standards, Ayurveda and Traditional Medicine and Joint Commission Mechanism.
The Prime Minister was conferred the national honour of Ghana – Officer of the Order of the Star of Ghana – by the President Mahama in recognition of his distinguished statesmanship and influential global leadership. Fiinews.com
