Parliament has approved the issuance of import licensing system for the importation of Portland cement into the country, for commercial purposes.
The approval mandates the Ministry of Trade and Industry, to regulate the importation of Portland cement into the country, to protect the local cement industry.
Consequently, a person shall not import cement for commercial purposes into the country, without a license issued by the Minister of Trade and Industry.
A statement issued and copied The Ghanaian Times by Nana Akrasi-Sarpong, acting Director of Communication and Public Affairs, said the Ministry of Trade and Industry informed the general public at its 40th meeting held on Thursday, May 26, 2016, that Cabinet considered and approved a request by the Ministry to enable it institute trade contingency measures in respect of the Cement Industry in Ghana.
The statement said that the move was in accordance with the ministry’s Public Notice headlined “Public Notice on the intended executive action,” aimed at protecting the local cement industry, dated March 10, 2016.
“Accordingly, a Legislative Instrument (L.I.) was drafted and laid in parliament on July 29, 2016 and matured on Monday, August 1, 2016.
The maturity of the L.I paves the way for the issuance of an import licensing system for the importation of Portland cement for commercial purposes into the country,” it said.
The statement said “This regulation, however, shall not apply to imports of Portland Cement originating from a member country of the Economic Community of West African States (ECOWAS)”.
It said a Portland Cement Monitoring Committee shall be in place to ensure a smooth implementation of this regulation, and urged interested persons/importers, who wish to have further details to visit the Communications/Industrial Development Directorates or call 0276618028/0209466524.
By Times Reporter