Flashback: Trade Ministry evaluating cement-trade-war - News Summed Up

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Flashback: Trade Ministry evaluating cement-trade-war


Business News of Tuesday, 28 January 2020Source: www.ghanaweb.comFlashback: Trade Ministry evaluating cement-trade-warGovernment ready to ban the importation of cement bagsThe fight against the importation of cement into the country started four years ago but there seem to be no head way as it stands hence, government’s inability to resolve the issue. In 2016, the then Minister of Trade and Industries, Dr. Ekwow Spio-Garbrah, undertook a thorough evaluation of various interests in the trade-war between local cement manufacturers and importers. The exercise was after local cement manufacturers cried on government over Nigeria, China cement products flooding the market which had a gross impact on their businesses. The minister, justifying the action being taken, said the move by Ghana was in conformity with the international trade practices and sub-regional pacts. He added that government needs to also ban the importation of foreign cement products into the country.


Source: GhanaWeb January 28, 2020 09:11 UTC



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