The authorities has introduced the suspension of the Export and Import Regulations 2023 Bill, halting its deliberate implementation after going through important opposition.
The Legislative Instrument seeks to limit the importation of twenty-two chosen strategic items akin to rice, Guts, bladders and abdomen of animals, Poultry, Animal and Vegetable Oil, Margarine and Fruit Juices.
The relaxation are; Soft Drink, Mineral Water, Noodles and Pasta, Ceramic Tiles, Corrugated Paper and Paper Board, Mosquito Coil and Insecticides, Soaps and Detergents, Motor Cars, Iron and Steel, Cement, Polymers (Plastics and Plastic Products), Fish, Sugar, Clothing and Apparel, Biscuits and Canned Tomatoes.
The choice to pause the invoice’s introduction follows widespread criticism from the Minority caucus in Parliament, in addition to commerce trade stakeholders.
Concerns centered on the dearth of satisfactory session and the potential for elevated corruption beneath the proposed laws.
Minister of Information Kojo Oppong Nkrumah confirmed the suspension, stating that it will enable for additional engagement with stakeholders and guarantee everyone seems to be on the identical web page.
He emphasised the significance of this engagement, highlighting the purpose of boosting native manufacturing of those items.
“There is the need to get everyone rallying around it because it will ensure that the local production of these items are boosted,” the Ofoase-Ayirebi MP stated, including, “The idea is to ensure that the outstanding stakeholders get an opportunity to have their views expressed and considered.”