President Nana Addo Dankwa Akufo-Addo and his Portuguese colleague, Marcelo Rebelo de Sousa, have inked bilateral cooperation agreements in the fields of defence, political consultation, and commerce.
President Akufo-Addo stated that this fresh type of interaction will help to improve the friendship and cooperation connections between Ghana and Portugal.
President Akufo-Addo stated at a joint press conference in Lisbon, Portugal, with President Marcelo Rebelo De Sousa on Tuesday, 18th July 2023, that the move “is borne out of a decision by Ghana to turn our back on our old economy, which has been dependent on the production and export of raw materials, and also dependent on aid.”
According to President Akufo-Addo, “We want to build a value-added, industrialised economy with modernised agriculture, which is neither victim nor pawn of the world economic order. We want our relations with Portugal and, indeed, the rest of the world, to be characterised by an increase in trade and investment cooperation.”
He added that “This is the way to develop healthy relations between our two countries, and put Ghana at the high end of the value chain in the global marketplace, and create jobs for the teeming masses of Ghanaians, particularly the youth.”
He added that the discussions also focused on expanding multilateral political, cultural, and people-to-people exchanges and cooperation, as well as the need to promote a better world by addressing global issues related to the achievement of the Sustainable Development Goals (SDGs).
Towards this end, “We have noted with satisfaction the value that the Ghana-Portugal Business Forum scheduled to be held tomorrow will add to our investment initiatives, he said.”
President Akufo-Addo further disclosed that the President of Portugal has also “resolved to give voice to Ghana’s cause and interests within the European Union. We, on the other hand, will also help to facilitate the provision of a platform for enhanced economic engagement between Portugal and the member countries of ECOWAS. This should boost the trade volumes, and help bring prosperity to our peoples.”
On global security, he stated that, with US President Joe Biden and French President Emmanuel Macron publicly calling for UN Security Council reforms in line with the Ezulwini consensus, they are looking forward to the leaders of the three (3) other Permanent Members throwing their support behind the reform process.
He assured President De Sousa that Ghana will “collaborate with Portugal to find solutions to challenges such as the eradication of widespread poverty, elimination of irregular migration, insecurity and human rights violations, terrorism and violent extremism, human and drug trafficking, piracy, as well as climate change and its attendant, negative impact on the environment and livelihoods.”
The City of Lisbon Council
President Akufo-Addo was presented with the keys to the city of Lisbon by Deputy Mayor Filipe Anacoreta Correia at the Lisbon City Council.
In his speech, the President remarked that history teaches us that “a rich trading partner operating within a fair trading system brings far more prosperity to both sides than the exploitation of a poor partner.”
It is for this reason, he continued, that “I have come to Lisbon to advocate for increased investment and trade between our two nations. Trade relations between Ghana and Portugal have evolved through history, and it is clear that a new paradigm has to be defined, which will be dependent on the structural transformation of the Ghanaian economy from a raw material producing and exporting economy, to a value-adding, industrialising economy.”
He was confident that, “this will enable Ghana trade at the high end of the global value chain, dealing in products we make and grow. Out of this, a robust trading system between Portugal and Ghana will be created, which will generate mutual prosperity for the peoples of the two countries.”
These observations, he stated, were based on the fact that “we, in Africa, are agreed that we have to be self-reliant, and shed the image of beggars living on charity, aid and handouts, and make better and more intelligent use of our abundant natural resources, in order to pull ourselves out of poverty and attain prosperity.”
