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Tuesday, 09 July 2013

EPAs: Ghana will engage main stakeholders in policy dialogue

The government of Ghana announced a round of consultations with the main relevant stakeholders before signing the Economic Partnership Agreement (EPA) with the European Union.
The EPAs  foresee the establishment of a free trade area between EU and ACP countries. The consultations started in 2003. Recently, the European Union has set October 2014 as deadline to conclude the EPAs negotiations. At the moment Ghanaian products, except rice and sugar, have taxes and quota free access to European markets thanks to the Interim Economic Partnership Agreement (IEPA) signed in 2007. The IEPAs  grant European Union the faculty of exporting to Ghana 80% of its products duty and quota free.
Trade Minister of Ghana, Haruna Iddrissu expressed the intentions of engaging relevant actors before  the  signing of any agreement the main stakeholders will be consulted.   

Source: www.bilaterals.org

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