• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and…commissioning in June of 2022
    Africa Green Growth Readiness Assessment: Reveals Africa Growing Political Commitment to Green Growth, Report
    …for Women inaugurated Data Hub for Women’s Leadership in Public Governance, the Ellen Johnson Sirleaf Presidential Centre inaugurated Data Hub for Women
    Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration
    Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa
    AfriMoney in complicity with Watu – an Asset FinTech disclose ‘Okada Bomba’ Promotion
    Initiative Launched to Enhance Food Security & Fight Climate Change in West and Central Africa
    Africa Continues to Lead in Mobile Money Adoption, With Over $403 Billion in Transactions, Report
    …as it strives to boost its Storage Facility, Kenya Pipeline Company (KPC) ventures to upgrade Facilities
    Ecobank Launches Leadership Training Programme to Support Women-Owned Businesses Across Africa

    Ghana Signs Trade Partnership Agreement with the United Kingdom

    Posted On 05 Mar 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 18

    By Richard Adorsu-

    Photo Credit: PxHere

    NEW AFRICA BUSINESS NEWS (NABN) Accra- Ghana has on March 3, 2021 signed a trade partnership agreement with UK that secures tariff-free trade and provides a platform for greater economic and cultural cooperation.

    The deal supports a trading relationship worth £1.2 billion and reinstates the terms of the economic partnership agreement between the two sides when the UK was part of the EU. It means Ghanaian products including bananas, tinned tuna and cocoa will benefit from tariff free access to the United Kingdom. UK exports are also in line to benefit from tariff liberalization from 2023, including machinery, electronics and chemical products.

    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 Ghana’s Minister-Designate for Trade and Industry, Alan Kyerematen, to mark the signing.

    International Trade Secretary Truss said: “I am delighted to be able to sign this deal with our friends and partners in Ghana. It provides certainty for businesses that provide vital jobs and livelihoods in Ghana, and it strengthens the ties between our two countries.

    “We can now look forward to deepening and furthering our relationship in future, and working together to secure a broader agreement with the West Africa Region.” Minister for International Trade Ranil Jayawardena said: “This deal secures tariff-free access for products that British shoppers love – and supports jobs in Ghana – paving the way for further economic growth as we build back better from COVID-19.

    “It is further evidence of the UK’s determination to champion free trade around the world, which fosters growth, creates jobs and raises living standards for all.”

    UK Minister for Africa James Duddridge said: “The UK and Ghana have a strong partnership and the signing of today’s agreement marks an important moment for boosting trade, worth £1.2 billion, between our two nations.

    “With tariff-free access for Ghana to the UK, it will enable businesses to scale up their operations, support innovation in markets and create jobs as we recover together from the coronavirus pandemic.”

    Ghana’s largest exports to the UK includes oil, fish, fruits, and cocoa. Its top imports include clothing/textiles, machinery and mechanical appliances, and chemical products from the UK.

     

    For New Africa Business News Richard Adorsu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Malawi ‘s Betchani Tchereni advises the Administration of Malawi to decrease tax Rates thus the sweeping smuggling of Merchandises

    Next Story

    The Economic Community of West African States (ECOWAS) Bank for Investment and Development (EBID ) autographed €40 Million framework consensus with the ODDO BHF Amtiengesellschaft

    18 Comments

    1. Kwasi March 5, 2021 at 4:29 am Reply

      Ghana is in the right direction for trade policies. Thank you for the report. Accra Ghana. Kwasi

      • New Africa Business News, Staff Correspondent March 5, 2021 at 4:30 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Abina March 5, 2021 at 4:33 am Reply

      Our great President in Ghana, is doing beautiful job for our Citizens and great Africa. Abina in Kumasi, Ghana

      • New Africa Business News, Staff Correspondent March 5, 2021 at 4:34 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Olivier March 5, 2021 at 4:39 am Reply

      This Ghanaian Leadership has being doing beautiful work for the People. That’s why Ghana is among the fastest growing in our beautiful continent and the world in general. Olivier in Kigali RWANDA

      • New Africa Business News, Staff Correspondent March 5, 2021 at 4:40 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Ife March 5, 2021 at 4:45 am Reply

      Great reporting, Richard and thank you for covering. Proud African. Goba in Ethiopia. Ife

      • New Africa Business News, Staff Correspondent March 5, 2021 at 4:46 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Nobel March 5, 2021 at 4:52 am Reply

      Governments in great Africa, should timely focus on the Africa free trade, trade within. That’s the trade that going benefit our honest and hard working people. One Africa one people. Nobel in Molepolole, Botswana

      • New Africa Business News, Staff Correspondent March 5, 2021 at 4:52 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    6. Kelvin March 5, 2021 at 5:02 am Reply

      love Ghanaian President Nana, the founder and supporter of the year of return, back to MOTHER AFRIKA. The year of return was a great success, millions of blacks all over the world went back to Africa and are continue going back. And building this beautiful continent. May Almighty God, continue blessing great Africa. Calvin in Nairobi, Kenya.

      • New Africa Business News, Staff Correspondent March 5, 2021 at 5:03 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    7. Patrick March 5, 2021 at 5:08 am Reply

      Congrat Journalist Richard for the win and thank you new Africa news for daily newsletters. Love them. Kampala Uganda. Patrick

      • New Africa Business News, Staff Correspondent March 5, 2021 at 5:08 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    8. Barbara March 5, 2021 at 5:41 am Reply

      Great report. I hope our leaders will harness the resources from the deal to develop our country. Barbara in Accra, Ghana.

      • New Africa Business News, Staff Correspondent March 5, 2021 at 7:15 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    9. Samuel March 5, 2021 at 2:52 pm Reply

      This government is working for our people’s development and growth. Thank you for reporting Richard. Samuel in Cape coast, Ghana

      • New Africa Business News, Staff Correspondent March 5, 2021 at 7:16 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and...commissioning in June of 2022

    Posted On 26 May 2022

    Africa Green Growth Readiness Assessment: Reveals Africa Growing Political Commitment to Green Growth, Report

    Posted On 23 May 2022

    ...for Women inaugurated Data Hub for Women’s Leadership in Public Governance, the Ellen Johnson Sirleaf Presidential Centre inaugurated Data Hub for Women

    Posted On 21 May 2022

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    New Africa Business News Award Medalist of Excellence as Africa's President of the Year 2020-2021 meets the Heads of his Ancestors on March 17th, 2021 Samia Suluhu Hassan divulged

    Posted On 20 Mar 2021

    New Africa Business News, Person of the Year 2020-2021, Goes to Dr. Arikana Chihombori Quao

    Posted On 01 Jan 2021

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Facebook

    Latest Posts

    Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and...commissioning in June of 2022

    Africa Green Growth Readiness Assessment: Reveals Africa Growing Political Commitment to Green Growth, Report

    ...for Women inaugurated Data Hub for Women’s Leadership in Public Governance, the Ellen Johnson Sirleaf Presidential Centre inaugurated Data Hub for Women

    Recent Posts

    • Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and…commissioning in June of 2022
    • Africa Green Growth Readiness Assessment: Reveals Africa Growing Political Commitment to Green Growth, Report
    • …for Women inaugurated Data Hub for Women’s Leadership in Public Governance, the Ellen Johnson Sirleaf Presidential Centre inaugurated Data Hub for Women
    • Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration
    • Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.