Britain mulls Free Trade deal with Ghana

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British Foreign Secretary Boris Johnson hinted here late Wednesday of a proposed Free Trade deal between his country and Ghana.

Nana-Addo-with-Boris-Johnson-1.jpgSuch a deal, according to Johnson, who paid a day’s working visit to the West African country, is one of the new opportunities open to the two countries as Britain prepares to exit the European Union (EU) bloc.

“But as for our relationship with Ghana, this is an opportunity to go a step further and one thing for me concretely is a chance to do a Free Trade deal there are plenty ways in which our economies can merge together more closely,” Johnson stated.

After discussing investment issues with Ghanaian leaders, Johnson indicated that one of the things Ghana could benefit from “perhaps is more financial services, health care to get investments going in this country and certainly there are wonderful things as far as I can see in this country.”

The visiting British official said exiting the EU did not mean leaving Europe hence Britain would remain a strong voice for Ghana’s interest in Europe.

“Let me make it absolutely clear that we may be leaving the EU but we are not leaving Europe so we will continue to be very much involved in trade in the EU, and we will continue to be working together with the government on a lot of things that matter both to the UK and Ghana, whether counter-terrorism or our collective security. We will continue to be the powerful voice for Ghana in Europe,” he pledged.

The British Foreign Minister expressed excitement about Ghanaian products including chocolate, ketchup, cosmetics and bicycles made with bamboo, among other items, displayed in an exhibition he attended at the British High Commissioner’s residence.

He assured Ghanaians that such products would have the opportunity to be exported to Britain under a duty-free quota free basis, once such an agreement comes into force.

Ghana’s Minister for Trade and Industry Allan Kwadwo Kyeremateng had earlier accompanied Johnson to see the Blue Skies factory which is a British and Ghanaian- sponsored company that processes food for export into Britain and other markets.

Kyeremateng told the media later what the Ghanaian government expected from its former colonial master with whom bilateral trade hit 1.3 billion pounds in 2015.

“We’ve talked about one district, one factory and the Foreign Minister has been very impressed about what he has seen today at Blue Skies, so I hope that the UK government will continue to provide the kind of funding support, technical assistance that will enable us implement the initiatives that we’ve been talking about ,” The Trade Minister added. Enditem

Source : Justice Lee Adoboe

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