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
-
Ghana pays $3.5m to University of Memphis over scholarship debt
22 minutes -
People don’t remember style of play – GFA Comms Director defends Quieroz appointment
57 minutes -
Finance Ministry needs ‘refresher course’ in own records over GES recruitment – Adutwum’s spokesperson
1 hour -
Techiman 24-hour market project on course as Regional Minister inspects work, hails construction quality
1 hour -
Bono East Regional Fire Command engages master artisans in fire safety drive
1 hour -
Hitz FM’s Mr Haglah earns 2026 Ghana Entertainment Awards USA nomination
1 hour -
Accra Turf Club to hit the streets over Race Course demolition
2 hours -
Ashanti GJA launches 2025 regional media awards to celebrate excellence in journalism
2 hours -
From doubt to delight: Prang mother who thought GH¢1m win was a scam now celebrates
2 hours -
Energy Ministry says proposed private sector participation in ECG is not privatisation
2 hours -
Sparrow Studios, OldFilm Productions launch three movies for Ghana at 70
2 hours -
Mahama is doing well – UT Bank founder Prince Kofi Amoabeng pledges support
2 hours -
All 6,300 GES staff recruited without clearance have been paid – Finance Ministry
2 hours -
Akwaboa chiefs decry health and economic impact of deplorable roads in the area
2 hours -
Local Government Minister inspects Aayalolo buses at Madina, Achimota and Kinbu
2 hours