Audio By Carbonatix
Member of the United Kingdom Parliament, Abena Oppong Asare says she will use her role as a legislator to strengthen links between Ghana and the United Kingdom and boost bilateral trade.
The Erith and Thamesmead constituency MP met the Deputy Trade and Industry Minister, Herbert Krapa, to explore areas of cooperation and discuss the Ghana UK trade deal. The agreement signed in March, 2020 aims to promote increased trade and investment between the two countries.
The agreement will facilitate the building of a trading relationship to the tune of about £1.2 billion.
The UK commits to providing immediate duty-free, quota-free access to goods exported from Ghana. In exchange, Ghana commits to gradual tariff liberalisation of goods. Some domestically sensitive products in Ghana are excluded from tariff liberalisation.
The agreement replaces the interim Ghana-European Union Economic Partnership Agreement which governed trade relations between Ghana and the UK until the Interim Economic Partnership Agreement ceased to apply to the UK on December 31, 2020, when the latter exited the European Union.
This agreement will also support businesses to increase their processes, encourage innovation in markets and create jobs as the country recovers from the ravaging effects of the coronavirus pandemic.
Abena Oppong Asare who is the Shadow Exchequer Secretary to the Treasury is hopeful that the economic and cultural relationship between the UK and Ghana will go from strength to strength.
“I’ll use my position to encourage and deepen issues of common concern between the two countries and that is what I discussed with the trade ministry in Ghana and it is my hope that this will yield positive results” she indicated.
Born to Ghanaian parents Abena Oppong-Asare was educated at Kent University and worked as a parliamentary researcher before becoming an MP. She was formerly also the equalities lead at London City Hall. She is Chair of Labour Women’s Network.
From 2014 to 2018, she was a Labour Party Councillor for Erith ward on Bexley Council.
She currently holds the role as the Shadow Exchequer Secretary to the Treasury.
she served as Opposition Deputy Leader and Education Spokesperson on Bexley Council and worked for the Greater London Assembly.
Latest Stories
-
Seidu Agongo builds lifeline facility for Ghana Police Hospital’s ‘Unknown Patients’
4 minutes -
Ghana ‘scandalised’ by rising job losses under NDC – Dr Adomako Kissi
12 minutes -
De Mayor Foundation supports over 700 widows and vulnerable persons in Adeiso
30 minutes -
Poll shows Mahama widening lead in hypothetical 2024 re-run
45 minutes -
Police Hospital relieved as new facility for ‘unknown patients’ eases long-standing burden
52 minutes -
Gender Ministry empowers Kayayei with health, financial literacy and safety skills
1 hour -
Goldbod’s gold strategy has anchored currency stability and economic confidence – Senyo Hosi
2 hours -
‘The law is the law’ – Mahama insists as Asake pleads on Cyborg’s behalf over firearm incident
2 hours -
Police arrest 2 over illegal possession of 2,600 AK-47 ammunition in Ashanti Region
2 hours -
Goldbod is rewriting Ghana’s gold story and restoring national value – Senyo Hosi asserts
2 hours -
Goldbod: Loss or no loss? The price of everything and the value of nothing
2 hours -
Goldbod’s $214m cost isn’t a loss but a strategic policy investment – Senyo Hosi
2 hours -
Government settles US$709m Eurobond obligations ahead of due date
2 hours -
Low inflation and cheaper imports show Goldbod’s true economic value – Senyo Hosi
2 hours -
VAT reforms: GRA raises registration threshold to GH¢750,000, cuts rate to 20% from Jan. 2026
2 hours
