Slide 1

Presentation by:A.BEEJAKSHARI,Y13IB20008GHANA Trade Relations with INDIA

Facts about India & GhanaWhen we compare Ghana with India. It is poor country than India. Population of Ghana is 27 millions where as it is in India 1.21 bnsGDP of Ghana is 117 bns where as it is in India 7.277 trlns and etc.,Trade relations :Very poor.It is just 1 bn us$ Trade only between India and Ghana.India is the largest investor in Ghana with the investment of 550 mln us$ on 558 projects.According to the Africa it is the fastest developing country in their continent.

Imports & ExportsImports from INDIAAutomobilesBusesElectrical equipment'sPlasticsteel & cement and etc.,Exports to INDIATimberCocoaGoldDiamonds

Problems of Ghana as an underdeveloped countryLow level of industrializationExcessive dependence on primary product exportsLack of domestic savings to invest; high cost of capitalLack of access to advanced technologyWTO restrictions

Opportunity As a Management student what i will see is?What to Do? A development friendly and conducive multilateral environment can lead to increased trading opportunities;For these opportunities to be converted into actual gains trading partners may have to look beyond mercantilist gains;Even more importantly, the global community would need to work together to help dcs overcome supply-side constraints and capacity building

ConclusionTrade should be understood as a means to development rather than an endEconomic integration with the global economy should be an outcome of growth and development, not necessarily a prerequisiteThe relationship between trade and growth is likely to depend on both internal and external factors.

THANK YOU