https://www.myjoyonline.com/dont-restrict-imports-reduce-taxes-importers-and-exporters-association-tells-government/-------https://www.myjoyonline.com/dont-restrict-imports-reduce-taxes-importers-and-exporters-association-tells-government/
Kobina Tahir Hammond, Trade and Industry Minister

The Executive Secretary of the Importers and Exporters Association of Ghana is urging teh government to withdraw the Legislative Instrument seeking to restrict the importation of rice, fruit juice, margarine, cement, fish, sugar and 16 other "strategic products."

This, according to Samson Asaki Awingobit, is because the government has not introduced policies to first increase productivity.

Earlier, some six business associations submitted a petition to Parliament urging the House to reject the import restrictions bill proposed by the government through the Ministry of Trade and Industry.

The Joint Business Consultative Forum, comprising the Ghana Union of Traders Associations (GUTA), Food and Beverages Association of Ghana (FABAG), Importers and Exporters Association of Ghana, Ghana Institute of Freight Forwarders (GIFF), Chamber of Automobile Dealership Ghana (CADEG), and Ghana National Chamber of Commerce and Industry (GNCCI), argue that the bill if enacted, would have detrimental effects on their businesses.

Backing this stance, Mr. Awingobit said producers in Ghana will not be able to meet demand.

Speaking on the AM show on Joy Prime, he explained that utility tariffs, bank interests, and crime rates within the country are high. This he said results in low productivity.

“What is the government doing to prune down borrowing rates and interest rates at the bank?

"What is the government doing to increase the productivity of maize for our poultry producers? What is the government doing to establish rice-producing plants at the farms?,” he asked.

He therefore urged government to rather reduce taxes instead of restricting imports into the country.  

Background The Minister for Trade and Industry is seeking to pass an (L.I) to restrict the importation of some strategic products.

The 22 items considered for import restrictions are:

  1. Rice
  2. Guts, bladders and stomachs of animals (offal)
  3. Poultry
  4. Animal and vegetable oil
  5. Margarine
  6. Fruit juices
  7. Soft drink
  8. Mineral water
  9. Noodles and pasta
  10. Ceramic tiles
  11. Corrugated paper and paper board
  12. Mosquito coil and insecticides
  13. Soaps and detergents
  14. Motor cars
  15. Iron and steel
  16. Cement
  17. Polymers (Plastics and Plastic Products)
  18. Fish
  19. Sugar
  20. Clothing and apparel
  21. Biscuits
  22. Canned tomatoes

However, on three occasions, the Minority has scuttled plans to lay the regulation which they say they are strongly opposed to because, among other things, it gives the Minister for Trade unbridled power.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.


DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.