News digest: Brexit
- 16/03/2021
- Posted by: Gaetan Dermien
- Category: Africa, Caribbean, News, Pacific
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Ghana–UK trade agreement Ghana and the United Kingdom signed a trade agreement worth $1.6 billion on 2 March (Gov.uk, 2 March; Africanews, 3 March), and the legislation came into force on 5 March. The renewed Continuity Agreement will allow duty-free, quota-free access for Ghana to the UK market, and preferential tariff reductions for UK exporters to the Ghanaian market. It means Ghanaian products such as bananas, tinned tuna and cocoa can be traded to Britain without tariffs. The UK Global… +Outcome of the UK Global Tariff Consultation
- 12/06/2020
- Posted by: Gaetan Dermien
- Category: Africa, Caribbean, News, Pacific
Background In February 2020, the UK Department for International Trade launched an online consultation process to inform the UK’s future most favoured nation (MFN) tariff schedule (i.e. UK Global Tariff, UKGT) following the effective UK’s withdrawal from the EU customs union and single market. The UKGT will be effective as from 1st January 2021. There was an intense debate in the UKGT regime between free market liberalises and trade policy pragmatists, with a specific emphasis on the zero production-zero tariff … +