HomeAfricaBritish PM Cameron lauds Ghana's economic progress

British PM Cameron lauds Ghana’s economic progress

British Prime Minister David Cameron on Friday lauded Ghana’s swift economic progress over the last few years, becoming the eighth fastest growing economy in the world.

An official statement issued by the Ghanaian presidency said Cameron was speaking to the media before a meeting with President John Mahama at No. 10 Downing Street in London.

Mr. Cameron said his country was looking forward to enhancing its cooperation and collaboration with Ghana in the areas of bilateral trade and investment.

The British Prime Minister said he would in the course of the year visit Ghana to further strengthen the diplomatic ties between the United Kingdom and Ghana and also in recognition of Ghana’s status as an “island of peace and stability”.

He also praised Ghana’s role in regional security issues, citing the Malian crisis as an example and expressed London’s desire to foster closer collaboration with the Ghanaian government on regional security, especially in the wake of the devastation on parts of Nigeria by Boko Haram as well of the ravaging of villages in Mali by Al-Qaeda affiliated groups.

The British Prime Minister spoke about plans of British oil giant, Tullow Oil, which is operating in the Jubilee Oil Fields at the Cape Three Points in the Western Region of Ghana, to increase production development strategies.

President Mahama, who is in London at the invitation of Mr. Cameron to attend the G8 Summit, said he was looking for beneficial partnerships with countries like Britain as Ghana prepared to transit from a lower middle income country to middle income.

President Mahama said he was happy to take part in the G8 summit being hosted by the United Kingdom which would look at Tax, Trade, Transparency and the Extractive Industry.

According to him, with Ghana’s nascent oil and gas industry, the focus of the summit would be beneficial to moving the sector forward.

He said the government had given approval for Tullow Oil’s production development project.

President Mahama appealed for further technical support to combat the illicit drug trade beyond a security system instituted largely with the support of the UK at the Kotoka International Airport in Accra.

On regional security, he said Ghana was working towards becoming the centre for the collation of maritime data to help deal with the surging menace of piracy.

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