December 31, 2020

Ghana-UK Joint Ministerial Statement on a Continuity Trade Agreement

The Hon. Alan Kyerematen, Ghana’s Minister of Trade & Industry and the Rt Hon Liz Truss MP, UK Secretary of State for International Trade met via video conference.

It was announced that a consensus has been reached on the main elements of a new trade agreement. It provides the basis to replicate, the effects of the existing trade relationship between the UK and Ghana – a relationship which is underpinned by strong people to people connections and has driven economic growth, created jobs, and inspired creativity and innovation in both countries.

The intention is for the Agreement to provide 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. The parties intend over the next few weeks to finalise the text of the Agreement to reflect progress made in relation to rules of origin, cumulation arrangements, time bound commitments, provisions for development cooperation and commitments to human rights and good governance.

The parties re-affirmed their shared ambition to further strengthen their partnership in the future and to work with the West African partners to make progress towards a regional agreement.

Source: www.gov.uk/government

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