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Documents on Canadian External Relations
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Volume #27 - 461. | |
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CHAPTER IV COMMONWEALTH | |
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PART
8 AID | |
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SECTION
C AID TO GHANA | |
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461. |
J.G.D./VI/802/G411 |
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President of Ghana to Prime Minister | |
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Accra,
August 25, 1960 | |
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My dear Prime Minister, Since writing to you on the 26th July, 1960, about the Volta River Project, meetings have been held in Washington and the delegation which I sent under the leadership of my Minister of Finance, The Honourable K.A. Gbedemah, has now returned and reported to me the results of the discussions which were held there. I am happy to inform you that the International Bank for Reconstruction and Development, the United States Government and the United Kingdom Government have agreed to participate in the Volta Project to an extent to make the Project possible just as soon as we can finalise the terms of the agreement with the Volta Aluminum Company on the purchase of power and the establishment of the smelter; we are satisfied that the other criteria which the I.B.R.D. has mentioned can be met. In my last letter I referred to the very great contribution towards the Project which Ghana itself will have to make. It would be of the greatest possible assistance if this burden could be eased. In view of the close and continuing interest which Canada has taken in this great project, I wonder if your Government might now wish to participate in it. If your Government is interested in helping us, I would like to suggest that discussions regarding this possibility could conveniently be held when the Commonwealth Ministers of Finance meet in London about the 20th September, and later, when our respective Ministers of Finance will be in Washington for the I.B.R.D. meeting at the end of that month. If you agree with this suggestion, you may wish to arrange for your Minister of Finance, The Honourable Donald Fleming, to be in a position to indicate your Government's views on the possibility of Canadian assistance towards the realisation of this Project which, as you know, I regard as being of the greatest importance for Ghana's future. Yours
very sincerely, | |
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