James Duddridge, the UK’s minister for Africa, signed a memorandum of understanding with Wamkele Mene, the secretary-general of the Africa Continental Free Trade Agreement (AfCFTA) secretariat.
The Ministry of Trade and Industry says it will not allow Ghana to become a dumping ground for goods from the UK following the Ghana-UK.
Dubai’s trade with Africa has grown by leaps and bounds over the last decade, thanks to several important developments that have established new business links between the emirate and promising markets across the continent.
Dr. Obeng, addressing the press during the week intimated that AfCFTA will only be successful if African countries solely trade in goods manufactured in their country of origin to prevent dumping.
Indian companies are flourishing well in overseas. The African Continental Free Trade Area (AfCFTA) provides a window to the Indian companies to tap a unified African market.
July 1, 2021 marks the start of effective implementation by Ghana of the interim Economic Partnership Agreement (iEPA) between the European Union and Ghana.
The AfCFTA (African Continental Free Trade Area) was launched in New Delhi at the Ghana Embassy with a lot of active commitment from Indian companies to enter Africa and take advantage of the AfCFTA.
The AfCFTA Secretariat has established a dispute settlement body, that will function as a full-court with the right mechanisms and structures in place to settle trade disputes.
The Ghanaian Minister of Trade and Industry has called for the establishment of a Ghana-Canada Business Council, to promote trade between the two countries.
Ghana government has waived import duties on imported equipment, machines and raw materials for local manufacturing companies to enable them to become competitive in the global marketplace.
The government of Ghana has expressed its interest in concluding the negotiations with Japan on the Bilateral Investment Treaty (BIT), which has been pending since April 2014.
The implementation of the African Continental Free Trade Area (AfCFTA) may enslave Africans to the rest of the world if the challenges associated with the programme are not fixed, the Citizen Watch, a think tank group has revealed.
The deal supports a trading relationship worth £1.2bn and reinstates the terms of the economic partnership agreement between the two sides when the UK was part of the EU.
Ghana’s Foreign Affairs minister-designate has sought for a renegotiation of the Bilateral Investment Treaty (BIT) signed between Ghana and Spain.
A Chinese-based construction company, Beijing Everyway Traffic and Lighting Tech Co Ltd is claiming USD55 million from Ghana for cancelling a contract it awarded it to develop an intelligent traffic management system for the country.
Ghana and the U.K. have signed an interim trade agreement, one of the last bilateral deals hanging in the balance following Britain’s withdrawal from the European Union.
UK has already inked post-Brexit trade deals with 13 African countries.
These new agreements, which offer duty-free and quota-free access to
British markets, aren’t much different to the old ones, as they are mainly transferring the conditions in the EU deals into bilateral agreements between the UK and the African nation, or blocs.
The agreement provides duty free and quota free access for Ghana and the same preferential tariff reductions for British exporters as provided by the arrangement that is currently in force.
Liz Truss urged to sign off deals quickly to spare African states high tariffs once Brexit transition period ends.
This analysis aims to uncover the many tricks used by the European Commission to impose the Interim Economic Partnership Agreements of Côte d’Ivoire and Ghana.