EU-Ghana Economic Partnership Agreement takes off
July 2, 2021
Finally, the long-standing Economic Partnership Agreement between Ghana and the European Union (EU), which has seen a delay of close to five years, has come into force, enabling the country and Europe to trade duty-free and quota-free on some selected goods.
According to a joint press release from the Trade Ministry and the EU, the interim Economic Partnership Agreement (iEPA), which takes immediate from July 1, 2021, will guarantee duty-free quota-free access to the EU market for products made in Ghana, giving the country access to the European market for 80 percent of the total volume of exports to the bloc.