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Friday, September 20, 2024
BusinessGhana Shippers Authority collaborates with Trade Associations on implementing new law

Date:

Ghana Shippers Authority collaborates with Trade Associations on implementing new law

The Ghana Shippers Authority recently engaged with various trade associations to discuss the operational framework of the newly enacted Ghana Shippers Authority Law.

The meeting aimed to explain the law’s provisions, address any concerns, and ensure a smooth implementation process that benefits all stakeholders.

The Ghana Shippers Authority pledged to work collaboratively and enforce the law fairly, ensuring a favorable business environment for all parties involved.

Deputy Minister of Trade and Industry, Kofi Ahenkora Marfo, stated that the law is intended to position Ghana as a preferred transit trade route for its landlocked neighbors and to boost national revenue.

He further mentioned that the new law enables the Ghana Shippers Authority to adapt to emerging trends and complexities in the shipping and logistics sector, safeguard the interests of shippers and service providers, and enhance its regulatory oversight of the industry.

Representatives from trade associations such as the Ghana Union of Traders and the Association of Ghana Industries have expressed optimism about the benefits the new law will bring to their businesses.

They anticipate that the law will reduce unfair charges, increase transparency in port fees, improve efficiency and competitiveness in the shipping industry, and enhance Ghana’s status as a preferred trade hub in the region.

Trade association representatives commended the Ghana Shippers Authority for its engagement and look forward to a collaborative implementation process that addresses their concerns and supports their interests.

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