
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
-
Atta Akyea files motion to postpone July 3 judgment in Akonta Mining trial
4 minutes -
Standard Chartered eyes sale of Retail Business in Ghana, to retain corporate and investment banking
9 minutes -
Police seal off Nairobi as Kenya braces for Gen Z protest anniversary demonstrations
15 minutes -
“I don’t blame the current government for Afari Hospital delay”—Dominic Nitiwul
20 minutes -
Lack of prepared successors undermining Ghanaian family businesses – IFC Warns
21 minutes -
GVCA 2026: Marsha Wulff says Africa’s economic transformation depends on better capital deployment
23 minutes -
NACOC warns of cannabis-infused egg and pepper and ice cream being sold on university campuses
29 minutes -
NACOC warns of growing circulation of cannabis-infused food products in tertiary institutions
41 minutes -
Teacher in viral Bole SHS video reportedly on the run; Education Ministry seeks public assistance
1 hour -
NCCE raises alarm over rising child prostitution in Yilo Krobo
3 hours -
ORCC, GHS, CEA sensitise apprentices on reproductive health in Nkwanta South
3 hours -
Public advised to look out for FDA food hygiene permits at eateries
4 hours -
GoldBod earned over $10bn from gold exports in 2025 – Deputy Finance Minister
4 hours -
GHS sets up probe committee as search continues for missing baby in Salaga
4 hours -
NACOC warns of rising drug abuse in SHSs and universities
4 hours