Statistics from the Ghana Investment Promotion Centre (GIPC) reveal that direct investment from Denmark to Ghana in early 2014 amounted to over US$57.6million. The Finance Committee Report of Parliament also indicated that imports from Denmark to Ghana in 2014 stood at Gh¢144.9million, while exports to Denmark in 2014 hit Gh¢24.6million.
The Danish government is hopeful that ratification of the convention for avoidance of Double Taxation agreements (DTA) with Ghana will help to double Denmark’s investment in the country. The treaty was signed on 24 March 2014 and ratified by the Danish Government on 19 December 2014.