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Manufacturing companies petition gov’t more than unfair trade techniques

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3 manufacturing Businesses have petitioned the Ghana Global Trade Commission (GITC) of the Ministry of Trade and Market to handle difficulties of unfair trade tactics in the procedure.

They also petitioned the Commission to expedite motion and carry out the essential measures to secure the nearby cement and metal manufacturing.

The organizations are the Cement and Metal Companies Affiliation of Ghana, Aluworks Firm Minimal, and the Association of Biscuit Suppliers, all found in Tema.

The Fee was mandated to look into and adjudicate on grievances by domestic producers relating to dumping, subsidization and import upsurges as stipulated in Segment 3 of the Ghana Intercontinental Trade Fee Act, 2016 (Act 926).

It is also to watch and advise the government on the country’s compliance with its bilateral and multilateral trade obligations.

Reverend George Dawson-Ahmoah, the Govt Secretary of Cement and Metal Brands Affiliation, presenting the petition in Accra, stated the association’s full generation potential of 11.6 million metric tonnes per annum was enough to serve the area industry, with no relying on importation of cement.

Rev Dawson-Ahmoah expressed get worried about the importation of cement from China, which had crippled their businesses and urged the Commission to intervene to save the firm from collapsing.

Touching on the steel field, he said the installed capability of the steel industry was about 1,000,000 metric tonnes for every annum as against an annual average of about 350,000 metric tonnes for every annum.

Rev Dawson-Ahmoah claimed centered on the generation capacity, there was a surplus of 650,000 metric tonnes for every annum to serve the community field.

He stated present-day details on iron rods and steel coils imports indicated that there was a considerable raise in the importation of iron rods and metal coils into the region, which had negatively influenced the growth and improvement of the regional steel business.

Mr Kwasi Okoh, the Running Director of Aluworks Constrained stated the inflow of affordable aluminium components from China and the introduction of China deep export rebate for traders experienced influenced the growth of the area aluminium market.

He appealed to the Commission to appear to their support to avoid the collapse of the organization.

Mr Adel Shami, Member of the Association of Biscuit Brands stated their manufacturing capability was more than 6,500 metric tonnes for every thirty day period but currently making all-around 2,600 metric tonnes for each month, which is 40 per cent ability.

He urged the Commission to tackle the difficulty of unrealistic low values for imported biscuit and environmental tax on plastic wrappers.

Mr Alan Kyeremanten, the Minister of Trade and Market stated the country used to function an open up and liberate trade regimes, which resulted in low cost and faux items coming into the region.

He claimed the state would do almost everything attainable to make sure compliance to trade insurance policies and tactics and shield community industries from unfair trade techniques.

Mr Frank Agyekum, the Government Secretary, GITC, getting the petition certain the associations of the Commission’s motivation to do thanks diligence by partaking all stakeholders for discussions and be certain that players trade in line with the Commission’s Act.

He assured the associations of the Commission’s commitment to execute their mandate in a clear, neutral, honest and business manner to protect domestic firms from unfair trade techniques.

 





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