Audio By Carbonatix
Government has maintained that signing the Economic Partnership Agreement (EPA) will be based on recommendations from stakeholders.
Ghana currently has about three months to take a decision on whether to sign the agreement or not. This will ensure that Ghana continues to have a 100 percent access to the European Union (EU) Market, duty-free, quota-free, while EU countries will have 70 percent access to the Ghanaian market, with the exception of rice and sugar.
But speaking to JOYBUSINESS after an engagement with exporters and other members of other business associations, acting Trade Minister Hannah Tetteh says they want to have everybody on board, in reaching a decision on the pact.
The head of the European Union Delegation, William Hannah says there it's an alternative for Ghana if it fails to sign the agreement by October 1.
Ghana, together other ECOWAS, last year agreed to sign the EPA, but a few months down the line, Nigeria has indicated it will not sign the pact, forcing Ghana to break ranks to take a decision on the issue.
The European Union has agreed to commit about €6.5 billion, to assist country's that will sign the agreement.
Some local businesses that export to the EU market have argued that more than 3000 workers in the could lose their jobs if Ghana fails to sign the agreement by October.
Latest Stories
-
Education Minister engages university administrators over ongoing strike
2 hours -
Technological convergence, disruptive innovation and the future of youth education in Ghana
2 hours -
When the sirens become a national anthem: confronting Ghana’s road accident crisis
3 hours -
Aksa bribery scandal exposes deeper failures in Ghana’s procurement system – Manhyia South MP
3 hours -
Luv FM High School Debate: KNUST, St. Louis strike gold as quarter-finals dreams come alive
3 hours -
Banks’ pre-tax profit jumps 40% to GH¢23bn
3 hours -
Luv FM High School Debate: Anticipation builds as schools battle for supremacy in Round of 16
4 hours -
Banking sector deposits jump 25% to GH¢334.3bn in 2025 — PwC
4 hours -
Hostel Owners Association bares teeth over legality of rent control campaign against exorbitant fees
4 hours -
GCB overtakes Ecobank as Ghana’s largest deposit-taking bank
4 hours -
Young Cocoa Farmers petition Mahama over funding, producer price and start date for new cocoa season
4 hours -
Ruha Benjamin challenges Africa to shape its own AI future
4 hours -
Trump threatens to bomb US ally Oman if it ‘gets in the way’ over Iran deal
5 hours -
FIFA sacks senior executive who criticised Infantino, Sky News understands
5 hours -
Aksa saga: Don’t turn EOCO-OSP roles into turf war – Deputy AG
5 hours