China will advertright here to opening up, and firmly assist the precept of free commerce and the multilateral buying and selling system, the Ambassador of China to Ghana, Mr Tong Defa, has stated.
He said that China would proceed to construct a relationship with diplomatic companions throughout the globe based mostly on mutual respect and shared prosperity.
He was talking at a press briefing on Wednesday in Accra within the wake of commerce warfare initiated by United States President, Donald Trump, and subsequent imposition of excessive tariffs on China.
China additionally responded with a reciprocal tariffs on the U.S.
However because the starting of the commerce warfare, many African international locations together with Ghana had been alarmed by the flip of occasions involving the 2 world’s largest economies.
Mr Defa had allayed these fears on the press briefing noting that China was dedicated to pursuing a standard objective with all international locations.
“China is dedicated to supporting the universally helpful and inclusive financial globalisation, and pursuing frequent development and win-win cooperation with all international locations” he defined.
He additionally indicated that China opposes hegemonism, not solely to safeguard its personal official rights and pursuits but in addition to guard the frequent pursuits of the worldwide group, and to forestall humanity from returning to the jungle world the place the robust prey on the weak.
Towards the backdrop of the abuse of tariffs by the U.S, the Chinese language Ambassador to Ghana talked about that China was open, and inclusive mindset was all of the extra worthwhile.
On the Beijing Summit of the Discussion board on China-Africa Cooperation (FOCAC) held on September 5, 2024, Mr Defa stated that President Xi Jinping introduced that China would voluntarily and unilaterally open its market wider, and determined to provide all LDCs (Least Developed Nations) having diplomatic relations with China, together with 33 international locations in Africa, zero-tariff therapy for 100 per cent tariff strains.
In line with him, this transfer marks China turning into the primary G20 member to completely cowl zero-tariff therapy for LDCs.
Beforehand, he famous that China had maintained zero-tariff on 98 per cent merchandise with tariff strains originating from 27 African LDCs, signed Bilateral Funding Treaties (BITs) with 34 African international locations, and signed the DoubleTaxation Avoidance Agreements(DTAA) with 21 African international locations.
In his remarks, Mr Kwesi Pratt Jr, the Managing Editor of the Perception Newspaper, counseled China for contributing to the event of Ghana.
He stated China supported Africa when it was preventing liberation and independence.