News:
November 21, 2023
The Minister for Trade and Industry K. T Hammond on Monday, November 20, 2023 presented a Legislative Instrument (L I) which seeks to restrict the importation of certain products such as rice, diapers, animal intestines and other products.
Title of the L. I is Export and Import (Restriction on importation of selected strategic products Regulations, 2023 which is to be laid to stop businesspersons from importing into the Country such products which can be produced locally but are been import and hurting the economy.
According to the sector minister, an amount of One Hundred and Sixty Four Million Dollar is used to import only animal intestines annually for which the minister believes, could be invested into local animal productions to help build Ghana’s economy.
Trade and Industry Minister K. T. Hammond further explained at a media engagement that, government has taken such initiative to sanitize the system and also help build the local industries in order to produce more of what is consumed by Ghanaians.
But the sector Minister’s attempt to lay the paper was objected to by the Minority Leader Dr. Cassiel Ato Forson, who called for better explanation and clarity on all the twenty three products which are to be restricted by the laying of the L. I should it get Parliamentary approval.
Based on the action of the Minority Leader, the sector Minister agreed to return to the House on Tuesday, November 21, 2023 to perform the duty of laying of the papers.
Kwaku Sakyi-Danso/Ghanamps.com