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Friday, 04 November 2011

Ghana likely to go solo in IEPA

The Ghana government is likely to tell ECOWAS of its plans to go solo on the signing of the Interim Economic Partnership Agreement (IEPA) when Trade Ministers in the sub-region meet in the country later this month.

The Trade and Industries Minster, Hannah Tetteh, told the media on Tuesday that the country would have preferred to join other member-countries within ECOWAS to sign the IEPA as a body; however, negotiations on the trade agreement with the European Union has stalled - pushing government to consider its options.

“For the past three years since I have been in this position as Minister, we haven’t really gone far with the ECOWAS EPA. The issues that we were discussing at the time I became Trade Minister are the same issues we are still discussing today within the framework of ECOWAS.

“So, we are not getting the consensus that would allow us to conclude an agreement at the regional level. And so we will have to take a decision very soon as to what will be the best way forward.

Source: My Joy Online

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