Ghana and the Netherlands have, over the years, built a strong and evolving economic relationship. What began largely as development cooperation has increasingly shifted toward trade and investment. Today, that shift is visible not only in policy direction but in the growing volume and diversity of trade between the two countries.

The Netherlands remains one of Ghana’s key export destinations. In 2024, Ghana’s exports to the Netherlands reached €650 million, up from €450 million in 2023, driven mainly by cocoa beans, cocoa products, and aluminium.

In return, the Netherlands exported approximately €1.2 billion worth of goods to Ghana, including refined petroleum, poultry, and margarine. This steady growth reflects a maturing relationship, with increasing opportunities on both sides.

Since assuming office in 2021, Ambassador Jereon Verheul has been closely associated with this transition toward a more trade-focused partnership. His approach has been consistent: a strong macroeconomic environment and a predictable business climate are essential for attracting and sustaining investment.

His contribution to discussions around the new Ghana Investment Promotion Centre (GIPC) Bill, now passed by Parliament, has been an important part of this engagement. He has used these platforms to push for reforms that strengthen investor confidence, while consistently stressing that businesses already operating in Ghana must be treated well, as they are the best ambassadors for attracting new investment into the country.

This thinking has also informed his direct engagement with Dutch companies in Ghana. Rather than engaging only at a policy level, he has taken a hands-on approach, regularly visiting companies, understanding their operational challenges, and working with the relevant institutions to help address them. This has not only supported existing investors but has also strengthened the credibility of the Netherlands as a long-term partner.

At the same time, he has ensured that new Dutch investors receive a balanced and realistic picture of Ghana. Beyond highlighting opportunities, particularly in sectors such as cocoa and horticulture, he has been deliberate in outlining the practical challenges businesses may face. This clarity has helped companies make more informed and sustainable investment decisions.

His engagement has also extended to trade infrastructure and regional connectivity. During the commissioning of Terminal 3 at the Tema Port last year, he joined key stakeholders to mark what is a significant development for Ghana’s logistics sector.

The following day, the Embassy convened actors within the shipping industry to reflect on what this expansion means for trade flows and Ghana’s role within the sub-region. It was a practical step in linking infrastructure development to broader trade outcomes.

Today, with over 100 Dutch companies operating in Ghana and trade volumes continuing to grow, the results of this steady and deliberate engagement are becoming clear. The Ghana–Netherlands relationship is no longer defined primarily by aid, but by a shared interest in trade, investment, and long-term economic cooperation.

As we mark King’s Day, it is fitting to recognise the role of leadership in shaping this trajectory. Ambassador Verheul’s contribution has been to quietly but consistently strengthen the foundations for a more dynamic and mutually beneficial partnership.


Post Views: 40


Discover more from The Business & Financial Times

Subscribe to get the latest posts sent to your email.



Source link