|Author (Corporate)||European Union|
|Series Title||Official Journal of the European Union|
Agreement between the European Community and Ghana, aiming to create a new and more favourable environment for relations in the fields of economic governance, trade and investments and to open new perspectives for growth and development.
This stepping stone Economic Partnership Agreement (EPA) has been negotiated with Ghana in order to avoid disrupting trade between this country and the Community on the expiry on 31 December 2007 of the trade provisions set out in Annex V of the Cotonou Agreement and the WTO waiver that covered them.
Following the initialling of the Agreement on 13 December 2007, the European Commission presented proposals for the signing and conclusion of the Agreement in July 2008. The signing was approved on 21 November by Council Decision (EU) 2016/1850 and the signature took place on 28 July 2016.
The stepping stone EPA contains provisions on trade in goods, customs and trade facilitation, technical barriers to trade and sanitary and phytosanitary seasures. There are also development cooperation provisions setting out priority areas of action for the implementation of the EPA. Each individual substantive chapter of the Agreement includes specific areas of cooperation and a development cooperation declaration establishes the link with the EU ‘Aid for trade’ strategy and recalls the Commission's and Member States' intention to contribute to a regional development fund. The Agreement also foresees the continuation of negotiations at regional level on investment, services and trade related issues.
|Subject Categories||Politics and International Relations, Trade|
|Subject Tags||External Trade | Trade Agreements|
|Keywords||Economic Partnership Agreement [EPA]
|Countries / Regions||Ghana|
|International Organisations||European Union [EU]|