Ambassador Diana Acconcia
The Head of Mission of the European Union (EU) to Ghana, Ambassador Diana Acconcia, has dispelled reports that the bloc is threatening to ban cocoa from the country due to illegal mining and child labour concerns.
According to her, the EU is developing legislation that will impose obligations on its companies to purchase products that are produced sustainably across the value chain as a way to ensure the methods used in production protect the environment and to also ensure farmers benefit economically, hence, it is not targeted at Ghana.
âIn the European Union, sustainability has become a priority. European consumers want to know what they are consuming. The idea is that they want to know that the value chain of products they are consuming in Europe do not contain unstainable elements. It is accelerating now particularly because of the European green deal.
No threat from EU to ban Ghana cocoa – EU Ambassador quell rumours
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The Business & Financial Times
July 6, 2021
Rather an opportunity for manufacturing sector
Head of the European Union Mission to Ghana, Ambassador Diana Acconcia, has debunked assertions that the coming into force of the interim Economic Partnership Agreement (EPA) with Ghana will undermine the purpose of the African Continental Free Trade Area (AfCFTA), saying, the country’s trade pact with Europe will rather boost the capacity of the manufacturing sector to produce for the continent.
Her conviction is hinged on the fact that the EPA will see Ghana progressively reduce its tariffs to zero for 78 percent of its imports from the EU by 2029, which will significantly affect the removal of tariffs on intermediary goods and machinery from the EU, thereby, ensuring cheaper inputs for the manufacturing sector.