• 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
    African Development Bank and Google Signs Agreement on Digital Transformation
    Contemporary Leadership in Nigeria’s Central Bank will enable to revive Confidence in Nigeria’s Banknotes Tony Elumelu disclosed
    Afreximbank exhorted African Nations to give Premium to Export Trading Companies to strengthen Small Medium Enterprises in International Marketing
    Malawi’s Financial Market Dealers Association has advised the Reserve Bank of Malawi to latch Fissures in the Forex Market
    $5 Billion has been committed by the African Petroleum Producers Organization for the Establishment of the African Energy Bank
    $20 Million has been endorsed by the AfFB to enhance the business to strengthen investments for Climate-Smart Agriculture in Mozambique AfDB Divulged
    Nigeria’s Telecom Contribution to the Gross Domestic Product (GDP) Hits 16 per cent in the Second Quarter of 2023- report
    Philip Mpango Vice President of Tanzania called for a Global Partnership to address the existing Demographic Emergency
    Dr. Akinwumi Adesina President of the AfDB raised an eyebrow at the Improvement to Failing Global Financial Architecture
    N125 billion hoisted by MTN Nigeria through Commercial Paper Issuance by way to improve its Financing Alternatives

    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

    African Development Bank and Google Signs Agreement on Digital Transformation

    Posted On 28 Sep 2023

    Contemporary Leadership in Nigeria’s Central Bank will enable to revive Confidence in Nigeria’s Banknotes Tony Elumelu disclosed

    Posted On 27 Sep 2023

    Afreximbank exhorted African Nations to give Premium to Export Trading Companies to strengthen Small Medium Enterprises in International Marketing

    Posted On 26 Sep 2023

    New Africa Business News, Africa Leader of the Year 2022-2023 Goes to Ethiopia's Prime Minister Dr. Abiy Ahmed

    Posted On 24 Feb 2023

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

    Posted On 05 Jan 2023

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

    Posted On 29 Jan 2022

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Facebook

    Latest Posts

    African Development Bank and Google Signs Agreement on Digital Transformation

    Contemporary Leadership in Nigeria’s Central Bank will enable to revive Confidence in Nigeria’s Banknotes Tony Elumelu disclosed

    Afreximbank exhorted African Nations to give Premium to Export Trading Companies to strengthen Small Medium Enterprises in International Marketing

    Recent Posts

    • African Development Bank and Google Signs Agreement on Digital Transformation
    • Contemporary Leadership in Nigeria’s Central Bank will enable to revive Confidence in Nigeria’s Banknotes Tony Elumelu disclosed
    • Afreximbank exhorted African Nations to give Premium to Export Trading Companies to strengthen Small Medium Enterprises in International Marketing
    • Malawi’s Financial Market Dealers Association has advised the Reserve Bank of Malawi to latch Fissures in the Forex Market
    • $5 Billion has been committed by the African Petroleum Producers Organization for the Establishment of the African Energy Bank

    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.