Ghana Begins Implementing Trade Agreement With EU
Ghana recently began implementing its economic partnership agreement with the European Union, which is expected to liberalize trade between the two countries, the Hong Kong Trade Development Council reported Aug. 11. The agreement includes benefits for 80% of the EU’s…
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export volume to Ghana and includes “cumulative tariff cuts” by Ghana for about 22% of tariff lines this year, 50% by the end of 2024 and 100% by the end of 2029, HKTDC said. Ghana-made products will also benefit from duty-free, quota-free access to the EU in exchange for “progressive liberalisation of tariffs for EU exports to Ghana,” the report said.