Business News of Thursday, 7 October 2021Source: GNAThe Ghana Tuna Association (GTA) has called on the government to use the implementation of the Africa Continental Free Trade Area (AfCFTA) to create a market for tuna in the landlocked countries. AfCFTA, which has its headquarters in Ghana, is estimated to boost intra-African trade by over 52 per cent through the creation of a free trade single market for goods and services to reduce trade costs. Richster Nii Amarh Amarfio, Secretary of the Ghana Tuna Association, said until a big market for tuna was created within Africa, the European Union remained its single market, making it the sole determiner of trade issues within the industry. Mr Amarfio said even though Ghana has enough tuna to feed all the needs of the country and beyond, the EU market remained the only hope for the survival of the industry. Speaking at the Ghana News Agency News Hub Platform, Mr Amarfio said Ghana could decide to take advantage of the AfCFTA to break free from such controls by creating the needed market within the continent.


Source:   GhanaWeb
October 07, 2021 15:22 UTC