On October 13, 2016 the INTA Committee of the European Parliament debated Ghana's interim EPA (iEPA), with the participation of Ms Hannah Tetteh, Ghana's Minister of foreign affairs.
The six African countries threatened with losing access to the European single market have finally agreed to sign the EU’s Economic Partnership Agreements (EPAs). But the continent’s regional integration may suffer as a result. EurActiv France reports.
The Third World Network has slammed the haste with which parliament debated and approved the Economic Partnership Agreement between Ghana (as a member of ECOWAS) and the European Union.
Dr. Ekwow Spio Garbrah, the Minister of Trade and Industry, has revealed the cabinet’s intention to sign the interim Economic Partnership Agreement (EPA) with the European Union.
The agreement enjoins member states to open up 70 percent of their markets to European goods over a period, prompting fears nascent companies may collapse since most European goods are of high quality and a lot cheaper than local goods.
The EU plans to raise the pressure on six African countries to implement controversial free trade agreements by putting an end to their preferential access to the EU market.
There is a rumour that, if Nigeria's stance not to sign the regional EPA is definitive so that the EPA would be buried, DG trade is contemplating to perpetuate the interim EPAs of Ivory Coast and Ghana provided they would formally sign them.