The Importers & Exporters Association of Ghana (IEAG) has rejected the calls from some commercial shipping industry players for President Nana Akufo-Addo to postpone his approval of the Ghana Shippers’ Authority Law 2024.
Sampson Asaki Awingobit, President of the IEAG, argues that the law, in its present form, mandates responsible and accountable practices from all commercial shipping value chain stakeholders. The IEAG believes the law fosters a more organized and regulated trade environment, protecting the interests of both importers and exporters.
Although the Ghana Union of Traders Association (GUTA) and the Ghana Institute of Freight Forwarders (GIFF) have raised concerns about certain provisions of the law and requested a delay in presidential assent for further discussions, the IEAG maintains that the GSA law represents a crucial advancement in promoting transparency and efficiency in the shipping and logistics sector.
The IEAG asserts that while additional dialogue is beneficial, it should not delay the law’s approval.
The IEAG has also highlighted the importance of ongoing collaboration between the GSA and key stakeholders to ensure the law effectively addresses businesses’ practical challenges.
Additionally, the Association has called for clear guidelines and support from the GSA to help businesses transition smoothly to the new regulations, ensuring the law facilitates rather than hinders trade operations in Ghana.
