How Africa gets shortchanged in trade with Europe
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How Africa gets shortchanged in trade with Europe
""If you produce the chicken, they're not buying it. So you can't produce it," said Charles K. Donkor, chairman of the Poultry Farmers Association in the Ashanti region, who runs a farm with 200 employees, where thousands of laying hens are kept, supplying eggs rather than meat."
""We can't create jobs for young people this way," he explained to DW. In parts of Africa, it is significantly cheaper to import chicken than to rely on the local market."
Ghana benefits from significant export surpluses due to abundant resources like gold, cocoa, and oil. However, trade agreements have led to adverse effects on local industries. For instance, 80% of chicken consumed in Ghana is imported, making local production unviable despite high import duties. This situation discourages local farmers, as imported chicken remains cheaper. The historical context includes treaties aimed at fostering trade between Europe and Africa, which have not always resulted in equitable benefits for local economies.
Read at www.dw.com
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