Ghana-Germany trade stands at €1.25b in 2013

Trade between Ghana and Germany currently stands at €1.25 billion as at the end of March 2013.

This was made known by President John Mahama last week when he hosted the outgoing German Ambassador to Ghana, Dr. Renate Schimkoreit.

Germany is one of Ghana’s biggest trading partners in the European Union.

According to President Mahama, Germany has given Ghana €132 million out of the total portfolio of €184 million support pledge it made for the period between 2012 and 2015, reports the Ghana News Agency.

Germany’s funding in Ghana has been in major areas such as renewable energy, health, agriculture, land administration project among others.

By Ekow Quandzie