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ECOWAS
Economic Community Of West African States
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.
A senior official of Ghana’s Ministry of Trade and Industry has warned West Africa sub-region against entering into trade agreement with the European Union blindly.
The much disparaged European Union’s Economic Partnership Agreement (EPA) got a fresh beating Tuesday in Lagos, as the Manufacturing Association of Nigeria (MAN) told a gathering of Industry stakeholders, including EU’s Ambassador to Nigeria, David Macrae, that the EPA Road Map should be put on hold and that the entire negotiation process be subjected to a complete review.
The European Union has rebuffed claims that the proposed Economic Partnership Agreement with the West African region and Nigeria within the Economic Community of West African States (ECOWAS) is out to undermine the region’s nascent manufacturing sector.
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.
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).
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).
Negotiations between ECOWAS and the EU on the Economic Partnership Agreements, EPAs reached a deadlock at a meeting held in Brussels, last month.
