New, Lower Import Duties: ‘Don’t let this be a political talk’ – Asaki to Akufo-Addo

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The Executive Secretary of the Importers and Exporters Association of Ghana, Samson Asaki Awingobit, says the association is keeping its fingers crossed on President Akufo-Addo’s promises of a new regime that will bring down the high duties prevailing in Ghana’s ports.

 

Asaki fears this may be a political gimmick ahead of the 2020 general elections just to keep base with the business community, nonetheless, he said he’s “hoping they do the right thing”
Speaking on Anopa Kasapa on Kasapa 102.5 FM, he said: “For us as stakeholders in that industry, we’ll not rush to make any statement now. What we can only say is that we are hoping to see the success time that he’s talking about and when the soon will come to actualization. Then we will look at the areas that they are reducing, and we’ll see whether if we compare and contrast, is it significant or insignificant, then we can be able to address the issues and debate the issue as to whether the President’s promise is solid and concrete or he’s just making a political promise.”
Some trader unions, including the Ghana Union of Traders Associations (GUTA), have petitioned the state to intervene and review the high taxes and duties on imported items.
President Akufo-Addo has however assured of reforms to Ghana’s import duty regime that will result in new Lower import duties.

 

“We have realised from the studies we have done that our ports are not competitive, and the import regime in our country is far too high. We are dealing with it, and, very soon, the measures that the government will roll out will become known to all of you. I am not talking next year, or in 6 months’ time, I am talking very, very soon,” he said.

 

President Akufo-Addo made this known on Saturday, 30th March, 2019, when he addressed a townhall meeting of Ghanaians resident in Worcester, Massachusetts, in the United States of America, as part of his visit to that country.

 

Source: kasapafmonline.com

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