Audio By Carbonatix
The benefits of fully signing the Economic Partnership Agreement far outweigh the negatives, concludes Trade Minister Hannah Tetteh.
Analysts have questioned government’s decision to initial the interim agreement as well as the plan to fully sign the pact.
But speaking on the future of Ghana-EU partnership meeting Wednesday, Hannah Tetteh said critics might have re-considered their stance.
She admitted the nation would lose tax revenue over a period of time if the partnership agreement is signed but “the question is, is that all there is to this discussion?”
Ghana has indicated that it might break away from the economic grouping ECOWAS and sign the pact if discussions with the EU delays.
The country in 2007 initialed the Interim EPA to allow 80 percent of the European goods into the Ghanaian market, duty-free and quota-free, while Ghana will continue to have 100 percent access to the EU market, except sugar and rice.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Beyond the Party T-Shirt
17 minutes -
IGP promotes five police officers over Kwafokrom GOIL robbery arrest
24 minutes -
Tragedy at Senchi: Two crushed to death as tipper truck somersaults near market
40 minutes -
Government to unveil “The New Economy” Programme in 2027 Budget
51 minutes -
GIZ, Zoomlion and Blue Skies launch InnoWaste Project to create jobs and tackle plastic waste in Ghana
1 hour -
‘The emotional journey is difficult, but you don’t stop’ – Antoine Semenyo’s mother on diaspora struggle
1 hour -
‘Football in Ghana is about blood and legacy’ – Antoine Semenyo’s mother urges diaspora parents
1 hour -
QNET, Manchester City bring world-class football coaching to Ghana’s young talent
1 hour -
Emma Ankrah: Between quiet questions and the will to continue
1 hour -
Ghana’s economy shows strong recovery after “inherited crisis” – Ato Forson tells Parliament
1 hour -
No further IMF financial bailout will be required in the foreseeable future – Finance Minister
1 hour -
Learning from Ukraine, Hezbollah is now using fibre-optic drones to hit Israel
1 hour -
Teenager arrested at Senya Beraku for alleged defilement of 15-year-old girl
2 hours -
Ghana has moved from IMF ‘supplicant’ to partner – Ato Forson declares as economy surges past $100 Billion
2 hours -
“Ghana has moved from ICU to wellness center” — Finance Minister declares economic recovery
2 hours