The first consignment of Ghanaian shipments to the U.K. to face post-Brexit tariffs docked at Portsmouth last night, including 185 metric tons of bananas, the majority of which were so-called Fairtrade.
Because Britain and the European Union reached a trade deal so close to the divorce transition deadline of Dec. 31, some other “continuity” deals — those intended to roll over the terms of trade the U.K. enjoyed as a member of the EU — still hang in the balance. Agreements with Albania, Algeria and Serbia are also outstanding.
While they wait, their exports face Britain's Generalised Scheme of Preferences, which applies import duties at reduced rates on developing countries.
Last night’s tariff amounted to more than £17,500 ($24,000), no meager sum for Golden Exotics, the banana producer in Accra behind the shipment. The company is the only source of work in a 30-mile radius for the 3,000 people it employs.
The U.K. Department for International Trade pointed only to its New Year’s Eve statement that the two sides had “reached a consensus on the main elements” of a deal, and that the text would be finalized in weeks.
However, George Kporye, Golden Exotics’ administration manager, added that the tariffs should be waived in the interim and the deal concluded in days, rather than weeks. “We had to reduce the volumes because of the uncertainties of reaching a deal on time,” he said.
Official data show Britain’s exports to Ghana were worth £722 million in 2019, with imports — primarily oil, fish, cocoa and fruit — totaling £498 million.
Ian Mitchell, senior policy fellow at the Center for Global Development, said that while London managed to roll over most of its trade deals, ministers “underestimated the complexities in Ghana.”
Gareth Thomas, a member of the U.K. parliament and shadow international trade minister, said saving jobs at the low-margin businesses such as Kporye’s that export to Britain should be a priority, adding: “It beggars belief that they left sorting out a deal with a key Commonwealth ally so late.”
Latest Stories
-
NDC administration will reverse all ‘last-minute’ gov’t employee promotions – Asiedu Nketiah
3 minutes -
Kudus sights ‘authority and kingship’ for elephant stool celebration
4 minutes -
We’ll embrace cutting-edge technologies to address emerging healthcare needs – Prof. Antwi-Kusi
37 minutes -
Nana Aba Anamoah, Cwesi Oteng to attend Philip Nai and Friends’ charity event
42 minutes -
Environmental protection officers receive training on how to tackle climate change
45 minutes -
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
2 hours -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
2 hours -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
2 hours -
Ban on smoking in public: FDA engages food service establishments on compliance
2 hours -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
2 hours -
GEPA commits to building robust systems that empower MSMEs
2 hours -
Twifo Atti-Morkwa poultry farmers in distress due to high cost of feed
2 hours -
Central Region PURC assures residents of constant water, power supply during yuletide
2 hours -
Election victory not licence to misbehave – Police to youth
2 hours -
GPL 2024/2025: Nations thrash struggling Legon Cities
2 hours