President John Dramani Mahama has described as unfortunate, the deadlines set for the signing of the Economic Partnership Agreements (EPA), explaining that it will adversely impact the economies and trade systems of other nations.
The World Bank’s Chief Economist for Africa, Shantayanan Devarajan has added his voice to the call on African countries to reject the Economic Partnership Agreements that the European Union is currently trying to force on them.
Trade and Industry Minister, Ms Hannah Tetteh has called all stakeholders in the West African sub-region to show extra commitment to the integration agenda and the implementation of various ECOWAS protocols.
Mr Tetteh Hormeku, Head of Programmes, Third World Network - Ghana, has urged African governments to be wary of the European Union’s agenda to perpetuate and deepen liberalization through the Economic Partnership Agreements (EPAs).
The Hannah Tetteh-led Ministry of Trade and Industry is pushing Ghana to sign up the ever-controversial Economic Partnership Agreements (EPAs) with the 27-member European Union (EU).
Europe has been knocking at the door of Africa in the last decade for Africa leaders to sign the so called Economic partnership Agreement. The partnership Europe has been touting substantially means perpetually subordinating raw-material producing Africa to the economic demands of hyper-industrialized Europe. This is consistent with the euro-America design formulated and religiously pursued since the 16th century.
There are renewed calls on the Government to call the bluff of the European Union which is threatening sanctions if Ghana fails to finalize the Economic Partnership Agreement by 2014.
The Economic Justice Network (EJN) has accused the Minister of Trade and Industry, Ms Hannah Tetteh, of stabbing ECOWAS in the back by indicating that the country can no longer linger on the idea of signing and ratifying the interim agreement on Economic Partnership Agreement (EPA).
Ghanaian workers, manufactures, faith-based groups and civil society organisations have said they are alarmed by the knowledge that the Trade and Industry Minister is allegedly pushing for the signing of the Interim Economic Partnership Agreement (IEPA).
Ghana will lose $378 million if the country goes ahead to sign the Economic Partnership Agreements with the European Union, a trade activist has said citing a United Nations Economic Commission for Africa study
The Economic Justice Network (EJN), a coalition of Ghanaian civil society organisations fighting for economic justice, has cautioned African countries involved in the negotiation of the Economic Partnership Agreements (EPAs) not to succumb to the pressure from European Union (EU) to sign the agreement as it has the potential of disintegrating African economies.
Ghana and Turkey will by January 2012 conclude bilateral negotiations for a free trade agreement aimed at increasing trade volumes between the two countries.
The West African Civil Society Platform on the Cotonou Agreement (POSCAO) on Tuesday described the European Union’s (EU) recent threat to Cotonou as a departure from the spirit of partnership.
Despite disagreements, the Economic Partnership Agreement negotiations between the Economic Community of West African States (ECOWAS) and the European Union is not stalled, Dr Gbenga Obideyi, Director of Trade of ECOWAS has said.
Since the beginning of the year, the Trade and Industry Minister, Hon Hannah Tetteh has continued with her push for Ghana to sign and ratify the Interim Economic Partnership Agreement (IEPA) that was initialled in 2007 to save small proportion of exporters whose main export destination is the European market.
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.
Organizaciones de la sociedad civil de Ghana advirtieron que la renovación del Acuerdo de Asociación Económica provisorio con la Unión Europea (UE) arruinaría irreparablemente la integración de África occidental y la economía nacional.
A number of Civil Society Organisations in Ghana have painted a bleak picture about the Economic Partnership Agreement, warning the government will be consigning the economy to irretrievable doom, if it signs the pact with the EU.
The Ghana National Chamber of Commerce and Industry (GNCCI) is spearheading a capacity-building project to increase trade flows between neighboring ECOWAS countries and the European Union.