President John Dramani Mahama has restated Ghana’s readiness to expand trade and investment cooperation with the South Korea.
He is therefore calling for stronger partnerships between businesses and institutions from both countries.
Speaking at the Ghana Day celebration in Seoul, President Mahama said Ghana sees its relationship with Korea as a partnership of equals built on shared experiences of resilience, transformation and economic progress.
“Within this changing global landscape, Ghana views its relationship with the Republic of Korea as a partnership of equals founded on shared experiences of resilience, hard work and national transformation,” he said.
The President noted that Korea’s journey from the devastation of war to becoming a global leader in technology, industry and innovation remains an inspiring example for many developing countries.
“Korea’s remarkable journey, from the devastation of war to global leadership in technology, industry and innovation remains an inspiring example for many developing countries, including Ghana,” he stated.
President Mahama said Ghana is eager to deepen cooperation with Korea in several strategic sectors critical to the country’s national development agenda.
“These include digital infrastructure and innovation, agriculture and agro-processing, manufacturing and industrialisation, pharmaceutical production and health system strengthening, as well as renewable energy and the green economy,” he said.
He also highlighted the steady growth of relations between Ghana and Korea over the years, expressing appreciation for Korea’s support in areas such as education, healthcare, youth entrepreneurship and agricultural modernisation.
The President acknowledged the contributions of the Korea International Cooperation Agency and the Export-Import Bank of Korea, noting that their interventions in ICT, digital systems, energy cooperation and infrastructure development continue to support Ghana’s development efforts.
President Mahama stressed that the future of Ghana–Korea relations must also be driven by stronger business-to-business partnerships and deeper people-to-people exchanges.
“Beyond official cooperation between our two governments, the future of Ghana–Korea relations must also be driven by stronger business-to-business partnerships and deeper people-to-people exchanges,” he said.
He welcomed investments by Korean automotive brands such as Hyundai and Kia, which have established vehicle assembly plants in Ghana in partnership with local companies.
According to him, these investments demonstrate growing confidence in Ghana’s economy and reinforce the country’s position as an attractive destination for industrial production and trade within the African Continental Free Trade Area.
“We welcome increased Korean investment in Ghana, not only as a gateway to our national market but also as an entry point into the wider 1.4-billion-person African market,” President Mahama added.
The President also used the occasion to highlight Ghana’s historic role in Africa’s independence movement, noting that the country’s liberation in 1957 inspired other African nations to pursue self-determination and nationhood.
Looking ahead, he said the upcoming 50th anniversary of diplomatic relations between Ghana and Korea in 2027 presents an opportunity to strengthen cooperation between the two countries.
“As we look ahead to 2027, when Ghana and the Republic of Korea will mark the 50th anniversary of diplomatic relations, we see this milestone as an opportunity to renew and elevate our partnership,” he said.
President Mahama concluded by reaffirming Ghana’s commitment to democratic governance, peace and respect for international law while inviting Korean investors and visitors to explore opportunities in Ghana.
