All about the Ghana-EU Voluntary Partnership Agreement
Ghana has around 2.6 million hectares of forest reserves dedicated to timber production, and an additional 2 million hectares of crop land that also produce timber. The country also has 500 000 hectares of unreserved forests. The forest sector is the fourth largest contributor to Ghana’s GDP. Ghana has a strong reputation for innovation in timber processing, making products particularly suited to the European market. Around 11% of Ghana’s timber exports are sent to the EU. Ghana has ratified a VPA with the EU, and is developing the systems needed to control, verify and license legal timber.
Ghana and EU finalise assessment of Ghana Timber Legality Assurance System
Ghana and the European Union (EU) have finalised an independent assessment of the legality assurance system described in the Voluntary Partnership Agreement (VPA) on FLEGT between Ghana and the EU. The final report was shared with both parties on 31 December 2020, and they are now reviewing the findings and recommendations.