President Russia

Ghanaian President Nana Addo Dankwa Akufo-Addo on Thursday said that his country wants its relations with Russia to be characterized by an increase in trade and investment cooperation, and not by the export and import of raw materials.

This, he believes, is the way to develop healthy relations between the two countries.

Akufo-Addo said this when he delivered a statement at the Russia-Africa summit in Sochi, Russia, being held on the theme “For Peace, Security and Development”.

According to him, Ghana has resolved to build a value-added, industrialized economy with modernized agriculture, trading in the global marketplace on the basis of things it makes and grows, and to chart its own self-reliant, independent path within the world economic order.

“We believe that effective co-operation with Russia will help us attain this goal,” the president said.

He said that deepening ties of friendship are evident in the growth in trade between the two sides, which stood at 20 billion U.S. dollars in 2018, a 17 percent rise over the previous year. Enditem

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