Therefore, we have to be educated to see whatever we are going to trade on,” he explained.The GUTA president asked for significant incentives, especially with regards to taxes and tariffs to be given to local manufacturers and businesses as they would be in competition with goods and products from other continents.“How are we going to access their products at a cheaper price from within?
We should know fish from our waters and fish not from our waters. Tema Harbour is a port city in Ghana, located on Africa's Atlantic coast and in Gulf of Guinea.
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Tel: +233 (0) 303 219120 Fax +233 (0) 303 204136 Email:tema@ghanaports.gov.gh Emmanuel Doni-Kwame appealed for ongoing negotiations within the agreement, to incorporate the e-commerce industry, where he proposed harmonized communication rates that would positively impact the businesses of young African entrepreneurs.“As a result, I would ask that those items on the agenda would consider to bring, issues that have to do with a harmonized regulation or framework for investment in communication infrastructure so that at least the cost of data will come down,” he proposed.The President of the Republic of Ghana, Nana Akufo Addo, has handed over the Secretariat of the African Continental Free Trade Area to the African Union Commission ahead of the Implementation of the Continental Trade Agreement.Ghana won the bid to host the Secretariat of the AfCFTA in July 2019 during the 12th African Union Extraordinary Summit in Niamey, Niger where African leaders selected Ghana as the host country for the Secretariat of the African Continental Free Trade Area. The harbour handles 80% of Ghana's national exports and imports.The Tema Harbour and Port of Tema is undergoing an expansion and investment of $115 million in infrastructural upgrading at the Tema harbour and port of Tema as part of efforts aimed at expanding facilities of Tema port to meet decreasing cargo traffic by the Ghana Ports and Harbours Authority (GPHA); and in which the expansion and investment will go into the purchase and instalment of
Tema is locally nicknamed the "Harbour City" because of its …
It means for every product the chapter has a rule, the heading has a rule and then the subject has a rule. Add all to Wantlist Remove all from Wantlist.
Not just that, but our standards.
Especially the product specific rules which cover the whole tariffs. P. O. That’s why I will say that, as negotiations go on, there may be the need to look at not just technical working groups but the technical working groups should be turned into proper institutions.”The Head of ICC Ghana, also called for the harmonization of the various customs systems for efficient movement of goods.
So we have developed a whole annex on the transit of goods that prescribes for example, how we should register vehicles for transit,” he elaborated.
The City was built in 1960 as a manmade harbor. If we are not able to sort these things out, and we think we are about to do trade among ourselves well, then we are bound to be disappointed,” he warned.The GUTA President called for innovation within the Ghana’s banking system to protect the nation’s currencies and reduce dependency on western.“We should device a very innovative means in the banking clearing system where we would not necessarily depend on the foreign exchange by trading in our local currencies,” he proposed.Overall, the leader of the traders’ association stated that unless similar issues within the sub-regional body, ECOWAS are resolved, the efforts for a successful free continental trade may be significantly challenged.“The challenges that we got from the sub-regional body like ECOWAS and those in, for example East Africa and Southern Africa, should be evaluated and addressed.”The Executive Director of the AfCFTA Policy Network, Louis Yaw Afful, has expressed extreme concern over the non-ratification of Nigeria and some North African countries to the African Continental Free Trade Area agreement and how that would stifle the vision of having one continental market.“We are expecting that all the major players, Nigeria and other big economies satisfy that condition.
It’s a similar situation with China.
Fortunately, the African Union is developing a manual, that would guide the use of the product specific rules,” he disclosed.Fechin Akoto, revealed that Customs have developed a strategy that would ensure that all impediments to trade are removed during the implementation of the African Continental Free Trade Area.“Under the trade in goods, we have a number of annexes that experts have been looking at to make sure that the trade in goods become successful,” he stated.According to him, this is further boosted by the establishment of an online help centre dedicated to the AfCFTA, which would address and resolve challenges any trader would face at the borders.“There is even a site that has been launched where when you are facing any challenges at any frontier, you can just go to the site and lodge a complaint.