Economic Community Of West African States
The Economic Community of West African States (ECOWAS) and the United States have signed a trade and investment framework agreement (TIFA), usually a precursor to a US FTA.
The Trades Union Congress is indicating to the Parliament of Ghana not to ratify the Economic Partnership Agreement reached between ECOWAS and European Union.
The Economic Justice Network of Ghana unequivocally condemns the decision of the West African leaders to approve the signing of the Economic Partnership Agreement with the European Union.
The Authority of ECOWAS Heads of State and Government have approved the Economic Partnership Agreement with the EU.
ECOWAS leaders agreed in principle to the trade agreement but put it off until concerns raised by the regional heavyweight, Nigeria, were addressed before a final decision can be taken. Analysis from TWN Africa’s Sylvester Bagooro.
Nigeria’s House of Representatives has invited the Minister of Industry, Trade and Investment to brief it on details of the EU’s proposed Economic Partnership Agreement and present the worst case scenario should Nigeria refuse to sign it.
Ghanian stakeholders at a public forum on the Economic Partnership Agreement (EPA) have called for urgent steps to revise aspects of the agreement before it is signed.
The federal government has stated that it declined endorsing the Economic Partnership Agreement (EPA) with the European Union because acting otherwise would have been inimical to the advancement of the varied growth policies currently being implemented by the government.
"We believe it needs further scrutiny," announced President Yahya Jammeh, referring to the issue of signing an Economic Partnership Agreement negotiated by ECOWAS with the European Union.
A coalition of civil society organisations, farmer-based groups, religious organisations and labour unions have asked President John Mahama to show commitment to encouraging the productive capacity of Ghanaians by not signing the Economic Partnership Agreement.
Countries in the West African sub-region were yesterday reassured of the support of the United States in their quest to establishing a borderless trade environment in the ECOWAS region.
West Africa’s ministers of finance and trade have adopted the compromise proposals for concluding the decade-long negotiations of the Economic Partnership Agreement with the European Union for a free trade area of the two regions.
After over 10 years of objecting to demands by the European Union in the Economic Partnership Agreement negotiations, ECOWAS, last week, suddenly reversed its position and made serious and incomprehensible concessions to the EU.
Negotiators from West Africa and the EU have put pen to paper on a €42 billion-a-year free trade deal after 10 years of haggling, but ongoing talks with East African states remain mired in fine print.
The EU wants the West African region to open up 80 per cent of its market
The European Union could finalise a trade agreement with West Africa’s 15-nation Economic Community of West African States within the next three months, EU Trade Commissioner Karel De Gucht said on Thursday.
Leaders of the 15-nation Economic Community of West African States (ECOWAS) agreed on Friday to implement a single customs tariff regime from 2015 in an effort to accelerate economic integration and kick-start stalled negotiations with the European Union on an Economic Partnership Agreement (EPA)
If concluded, the TIFA will create opportunities for US companies interested in doing business in West Africa, and will assist in addressing impediments to U.S. trade and investment in the region.
The United States is exploring a trade and investment framework agreement (TIFA) with the Economic Community of West African States (ECOWAS), acting United States Trade Representative (USTR) Demetrios Marantis announced March 29.