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Graphic Online
BY: Samuel Doe Ablordeppey
Category: General News
Ms Liz Truss (left), UK Secretary of State for International Trade, and Mr Peprah Ampratwum, Ghana’s acting High Commissioner to the UK, displaying copies of the agreement
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The government has signed an interim Trade Partnership Agreement (TPA) with the United Kingdom (UK) to sustain trade relations between the two countries as Britain and Northern Ireland exit the European Union (EU).
The agreement, which allows up to £1.2 billion worth of trade between the two sides, replaces the interim Ghana-EU Economic Partnership Agreement (EPA), which governed trade relations between Ghana, but ceased to apply to the UK on December 31, 2020.
Boost for Ghanaian exporters as Ghana, UK sealed trade agreement
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The UK has signed a trade partnership agreement with Ghana that secures tariff-free trade and provides a platform for greater economic and cultural cooperation.
The agreement was signed by Secretary of State for International Trade, Liz Truss and Ghana’s Acting High Commissioner to the UK, Peprah Ampratwum, at the Department for International Trade in central London.
Secretary Truss was joined on a video call by Trade and Industry Minister Designate, Alan Kyerematen, to mark the signing.
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.