Business News of Saturday, 8 February 2020Source: www.ghanaweb.comTrade Minister clears air on importation of second hand carsplay videoAlan Kyeremanten, Trade and Industries ministerMinister for Trade and Industry, John Alan Kwadwo Kyerematen has assured importers of used second hand cars that only over-aged imports will be taken out of the system. This statements comes on the back of misunderstanding surrounding the proposed ban on importation of ‘second-hand vehicles’, which has incurred displeasure from many especially importers of used cars. However, the Trade Minister responding to these concerns explained that “although there are moves to regulate second hand cars importation, the ban will rather be put on over-aged cars.”He noted that there is already a law banning the importation of over-aged vehicles and the initiated legislation is rather aimed at weeding out to sanitize the country's transport system. Many have argued that banning of used vehicles will curtail the economic ventures of importers, sales persons and all those who make a living on importation of used cars. Experts say allowing over-aged vehicles into the country is like a double-edge sword on the throat of Ghanaians because the impact of climate change resulting from carbon emissions from these vehicles completely outweighs the benefits.

Source: GhanaWeb February 08, 2020 12:45 UTC