[ad_1]
Ghana and Guinea should begin discussions on bilateral cooperation in the development of the bauxite industry, as well as trade cooperation between Ghana and Côte d'Ivoire in the sector. cocoa.
The nation wanted to add value to bauxite by establishing refineries. Therefore, the cooperation would allow Guinea and the countries to keep their refinery.
Vice President Mahamudu Bawumia, Vice-President of the Commission, shared this information at a bilateral meeting between the latter and Guinean Prime Minister Ibrahima Kbadory Fofana on the sidelines of the 14th IIC- Exim Bank on the India-Africa Partnership Project in New Delhi, India.
Vice President Dr. Mahamudu Bawumia
Source: DepositPhotos
Source: UGC
READ ALSO: The popular presenter in Accra will soon die – Eagle Prophet (Video)
Bawumia said the cooperation would allow both countries to share knowledge, create synergies and enhance mutual benefits.
This, he said, would boost the Ghanaian economy and generate additional currency.
Guinea has the largest deposits of bauxite in the world and Ghana has nearly a billion tons of bauxite. The two countries would control between 70 and 80% of the world's bauxite resources.
READ ALSO: We are ready to support you – Akufo-Addo
Therefore, the collaboration of the two countries would help strengthen their position and voice in the global bauxite market, which would be beneficial to both countries.
It is estimated that bauxite deposits in Ghana's refined form could yield more than $ 350 billion in export value to the country.
Be careful: 15 traits that Meghan Markle has in common with Princess Diana
Ghana Nti: I can not think too much about the capacity of the Ghana Police Service | #Yencomgh
Your stories and photos are always welcome. Be interactive via our Facebook page.
Source: Yen.com.gh
[ad_2]
Source link
