The Association of Ghana Industries (AGI) has backed the Trade Ministry’s Legislative Instrument on Export and Import Regulations, 2023, to restrict the importation of selected strategic products into Ghana.
When the L.I is passed, importers of 22 restricted items, including rice, sugar, poultry, diapers, and animal intestines would have to apply for a license from a Ministerial Committee, before plying their trade.
The L.I has been heavily criticised by the minority in Parliament which has on three occasions prevented the Minister of Trade, Kobina Tahir Hammond from laying the Legislative Instrument (LI) in the house.
However, Speaking at the opening ceremony of the 6th Volta Trade and Investment Fair in Ho, the National President of AGI, Dr Humphrey Ayim-Darkey said the L.I would complement Ghana’s industrialization drive and would ensure healthy competition between local and foreign products.
Listen to Dr Humphrey Ayim-Darkey in the audio below:
Story by: Emmanuel Romeo Tetteh(#RomeoWrites) / Ahotoronline.com
