The Importers & Exporters Association of Ghana (IEAG) has described call from some commercial shipping industry for President, to halt the assent of the 'Ghana Shippers Authority Law' 2024 as baseless
According to the President of the association, Sampson Asaki Awingobit, stated that, the law in its current form ensures that every stakeholder in the commercial shipping value chain acts responsibly and held accountable in their operations. Moreover the law creates more structured and regulated environment for trade, ensuring that the interests of both importers and exporters are safeguarded. He said.
The Ghana Union of Traders Association (GUTA) and the Ghana Institute of Freight Forwarders (GIFF) have expressed reservations about certain sections of the law and have asked the President to delay assenting to it until further dialogue has taken place. However, they indicated that the new GSA law is a significant step towards enhancing transparency and efficiency within the shipping and logistics industry, therefore the assent should not be delayed
The Association also emphasized the need for continuous engagement between the GSA and key stakeholders to ensure that the implementation of the law addresses the practical challenges faced by importers and exporters.
Furthermore, the IEAG called for clear guidelines and support from the GSA to help businesses adapt to the new regulations, ensuring that the law does not become a barrier to trade but rather a facilitator of smoother and more efficient operations within Ghana’s trade sector.
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