Got a tip? Whatsapp on +1 (240) 382-4360
HomeGeneralWe Can’t Keep Trading More with Europe and Asia Than Ourselves –...

We Can’t Keep Trading More with Europe and Asia Than Ourselves – Ablakwa

Published on

, Ghana Street Journal

As global power dynamics shift towards multipolar alliances, Ghana is re-evaluating its foreign policy approach to secure its economic future.

With major economies like China, Russia, and Brazil challenging Western dominance through blocs like BRICS, Ghana’s leadership is considering deeper engagement with emerging economic powers.

During an interview on TV3’s Key Points, North Tongu MP and Minister for Foreign Affairs and Regional Integration, Samuel Okudzeto Ablakwa, underscored the need for Ghana to adapt to these changes.

“The world is shifting towards multipolar alliances, and Ghana cannot be left behind. We must explore all options, including forging stronger ties with BRICS, to ensure that our economic interests are well-positioned on the global stage,” he stated.

READ ALSO: Finali Limited Confirms Okudzeto Ablakwa’s Residential Status Amid Vetting Queries

This statement comes at a time when Ghana, like many African nations, is grappling with economic challenges, rising debt burdens, and fluctuating foreign investments. With traditional partners tightening their economic policies, there is growing advocacy for Africa to diversify its alliances and strengthen intra-continental trade.

Ablakwa highlighted President John Dramani Mahama’s commitment to Pan-Africanism as a driving force behind Ghana’s foreign policy direction. “President Mahama is an ardent believer in Pan-Africanism.

He understands that Africa’s strength lies in unity, integration, and economic collaboration. We cannot continue to trade more with Europe and Asia than we do with each other. That is why he is focused on rebuilding regional ties,” he said.

This call for self-reliance and regional integration is particularly urgent given the alarming rise in illegal migration. Economic hardships have driven thousands of young Africans to risk their lives crossing the Mediterranean in search of better opportunities abroad.

“In 2023, we recorded the highest number of young Africans perishing while attempting to cross the Mediterranean in search of greener pastures. This is unacceptable. We need real integration, trade among ourselves, and strategic economic policies to provide opportunities at home,” Ablakwa lamented.

Latest articles

DOREEN AVIO JOINS GHANA MUSIC AWARDS UK AS PUBLIC RELATIONS OFFICER AHEAD OF LANDMARK 10TH ANNIVERSARY

One of Ghana's most recognised media personalities, Doreen Avio, has just landed a major...

BREAKING NEWS: 3G Media Awards Launches 15th Special Edition in New York, Celebrating Global Excellence

There’s a renewed sense of excitement in the diaspora community as the 3G Media...

VALENTINES DAY AT THE BEACH WITH MANKLALO CULTURAL GROUP

The serene shores of Labadi Beach Hotel came alive with rhythm, romance, and rich...

Manklalo Cultural Group Headlines Christmas Cultural Showcase at Arts Center Accra

A celebration of African heritage marked the Christmas season in Accra as the Manklalo...

More like this

Former DR Congo President Joseph Kabila Sentenced to Death in Absentia for War Crimes

A military court in Kinshasa has sentenced former Democratic Republic of Congo (DRC) president...

Over 52,000 SHS Placement Issues Resolved – GES

The Ghana Education Service (GES) says a total of 52,492 candidates have successfully completed...

Ghana Removed from 2025 US Visa Waiver Programme

The United States has removed Ghana—along with several other African nations—from the list of...