Follow us


Notice: Undefined property: YtTemplate::$_tagPG in /home/traque/public_html/plugins/system/yt/includes/site/lib/yt_template.php on line 245

EXPORTERS IN TAKORADI TRAINED ON NEW EU RULES OF ORIGIN

Over fifty (50) exporters in Takoradi have benefitted from a-day training on the European Union (EU) Rules of Origin. 

This workshop was to upgrade the exporting and business community in the Western Region on the new regulations o Rules of Origin after Ghana ratified the interim Economic Partnership Agreement (IEPA) last year.

The Assistant Commissioner of the Ghana Revenue Authority (Customs Division) in the Western Region, Mrs Esi Dodzo in her opening remarks tasked the exporters to take advantage of these new Rules of Origin and the Economic Partnership Agreement in general.

She said, “Compliance from exporters on the correct application of the EU Rules of Origin will significantly reduce Ghanaian goods from being stopped unto the European Union market.”

Rules of Origin are used as an important trade measure. It is used to address different commercial policy instruments and they can be used to attain specific purposes of national or international practices. It is necessary for implementation of various trade policy instruments such as imposing import duties, allocating quotas or for the collection of trade statistics under the EPA.

Workshop coordinator and expert on EU Rules of Origin, Martin Wilde touted how important it is for the private sector to be updated on current trends on Rules of Origin. He said, “The private sector is important to the development of Ghana therefore it is imperative to inform them on benefits and correct implementation of the EPA-EU Rules of Origin.”

On the importance of Rules of Origin to a country, Mr. Wilde said, “They are the instruments used to determine if a product exported from a beneficiary or a partner country may be considered as sufficiently linked to that country and therefore originating there to the purposes of receiving from the EU the tariff preference granted to that country.”

This training workshop is part of support the EU funded TRAQUE Programme is providing to exporters and the Ghana Revenue Authority (Customs Division) in order to efficiently implement and verify the EU Rules of Origin and correctly deliver the correspondent proof of origin. This will also enable them to assess the current application of the rules of origin, challenges and needs for the GRA to adjust to the new situation.

The Economic Partnership Agreement (EPA) provides duty-free and quota-free access to the EU market for an unlimited period for all imports originating in Ghana. In return, Ghana and other West African countries gradually liberalize 75% of the imports from the EU over 20 years.