Flashback: Trade Ministry evaluating cement-trade-war
Government ready to ban the importation of cement bags
The fight against the importation of cement into the country started four years ago but there seem to be no head way as it stands hence, government’s inability to resolve the issue.
Read full articleIn 2016, the then Minister of Trade and Industries, Dr. Ekwow Spio-Garbrah, undertook a thorough evaluation of various interests in the trade-war between local cement manufacturers and importers.
The exercise was after local cement manufacturers cried on government over Nigeria, China cement products flooding the market which had a gross impact on their businesses.
The minister, justifying the action being taken, said the move by Ghana was in conformity with the international trade practices and sub-regional pacts.
Read the full story originally published by ghananewsagency.com below.
The country is still battling with the same issue as the current Deputy Minister of Trade and Industry, Carlos Kingsley Ahenkorah, yesterday made a public pronouncement that his outfit will not issue permits for new cement companies.
According to him, for Ghana to win the cement trade-war, one of the ways is to ban the issuance of permits to companies that aspire to set up cement processing plants in the country.
He added that government needs to also ban the importation of foreign cement products into the country.
This action when taken by government will boost the confidence of existing cement processing companies here in Ghana which will further encourage them to produce more products for Ghanaians perusal.
Read the full story originally published by graphic.com.gh below.
