Audio By Carbonatix
Members of the Association of Ghana Industries (AGI) are divided over whether government should join other West African states to sign onto the Economic Partnership Agreement (EPA).
While some members of the association, mostly the tuna, fruit processors and exporters and other companies exporting into the European market, are fully behind the agreement, their counterparts who manufacture for the local and subregional market are up in arms against it.
That is in spite of the fact that the AGI had on April 17 issued a statement in which it called on the government not to assent to the EPA.
The disagreement within the association over the matter arose at a forum organised by the Ministry of Trade and Industry (MoTI) in Accra to solicit the views of industry and civil society organisations (CSOs) on the stance the country should take as far as the EPA, a proposed bilateral trade agreement between the European Union (EU) and the African,Caribbean and Pacific (ACP) countries, is concern.
Although the Vice President of AGI, Dr Yaw Adu Gyamfi, had stated that the association, which is made up of more than 400 members, was against the signing of the agreement in its current state, some members later took turns at the event to lobby government into endorsing it.
The Executive Chairman of Myrock Food Processing Company,
Mr Charles Mensah; the General Manager of Pioneer Food Cannery Limited (PFC), Mr Nichol J. Elizabeth, and the representative of Golden Exotics Limited and Cargil said their companies could collapse and thousands of jobs would be lost if the government failed to sign the agreement.
"Our operations are generally dependent on the EU market. We export solely to the EU and not signing the EPA means that our cost of operations will rise; we will be faced with tariffs and the high cost of our products will make them uncompetitive," the GM of PFC, who spoke on behalf of the tuna processors and exporters said.
"We employ lots of people and many more businesses, including stevedoring, vessel operators and other input suppliers, depend on us to survive. If government doesn't sign the EPA, then it means we would have to look elsewhere for better business environments," Mr Elizabeth added.
Similar sentiments were expressed by Golden Exotics, which started operations in the country in 2003 under the Free Zones programme.
Sources within the AGI later told the paper that the official stance of the association, which is against the signing of the EPA, was reached after heated disagreements.
Latest Stories
-
Mahama Ayariga leads NDC delegation to Bawku ahead of Samanpiid Festival
4 hours -
Edem warns youth against drug abuse at 9th Eledzi Health Walk
7 hours -
Suspension of new DVLA Plate: Abuakwa South MP warns of insurance and public safety risks
8 hours -
Ghana’s Evans Kyere-Mensah nominated to World Agriculture Forum Council
8 hours -
Creative Canvas 2025: King Promise — The systems player
9 hours -
Wherever we go, our polling station executives are yearning for Dr Bawumia – NPP coordinators
9 hours -
Agricultural cooperatives emerging as climate champions in rural Ghana
9 hours -
Fire Service rescues two in truck accident at Asukawkaw
9 hours -
Ashland Foundation donates food items to Krachi Local Prison
9 hours -
Akatsi North DCE warns PWD beneficiaries against selling livelihood support items
9 hours -
Salaga South MP calls for unity and peace at Kulaw 2025 Youth Homecoming
11 hours -
GPL 2025/2026: Gold Stars triumph over Dreams in five-goal thriller
12 hours -
Ibrahim Mahama supports disability groups with Christmas donation
12 hours -
2025/26 GPL: Berekum Chelsea come from behind to beat XI Wonders 3-1
12 hours -
NACOC dismantles drug dens in Eastern and Greater Accra regions in ‘Operation White Ember’
12 hours
