President Cyril Ramaphosa of South Africa recalled the strong economic ties between the two countries during the 2nd session of the South African-Ghana Bi-National Commission as reported by Pretoria News.
South Africa According to him is the largest importer of Ghana's products in Africa and third compared to all other countries in the world.
"South Africa and Ghana have untapped economic potential and much more needs to be done, both with regards to growth of total trade and the diversification of products to high-value manufactured exports" He welcomed delegates from the second side led by Ghana's President Nana Akufo-Addo.
South African delegates representing over 150 companies and their Ghanaian counterparts from 78 companies in discussion groups agreed that the inability of African businessmen to trade directly and cost-effectively using national currencies needs to be addressed.
Source: Pretoria News & TV BRICS