Ghana will export bananas -and other products- to the United Kingdom under a tariff-free agreement. These exports are also in line to benefit from tariff liberalisation from 2023, including machinery, electronics, and chemical products.
A statement issued by the UK High Commission in Accra said the UK and Ghana signed a trade partnership agreement on Tuesday, securing tariff-free trade between the two countries and providing a platform for greater economic and cultural cooperation.
The deal supported a trading relationship worth £1.2bn and reinstated the terms of the economic partnership agreement between the two sides when the UK was part of the EU.
The agreement reaffirms the UK-Ghana trade and economic partnership strengthened through the UK-Ghana Business Council. The deal means the UK has now secured trade agreements with 65 non-EU countries, representing trade worth £217 billion in 2019.
According to an article on modernghana.com, this accounts for 97 per cent of the value of trade with non-EU countries that the UK set out to secure agreements with at the start of the trade continuity programme.
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