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. It also handles trade for industrial and commercial companies that import and export various goods such as petroleum, cement, food, metals, textiles. There have been a few birds that have broken away from the flock. They really built their capacity before joining the WTO.They made sure they were up to speed before joining because they believe they would definitely be the target for almost every country.” But, Louis Yaw Afful, cautioned the consequences of Nigeria taking an over-protectionist route.“In free trade, it is not about how big your market is. If you look at other countries like the UK, they set up quarantining processes for people coming in,” Louis Afful explained.The National President of the Borderless Alliance, Mr. Ziad Hamoui however revealed that relevant ministries of ECOWAS member states have been engaged on such protocols but raised concern over lack of harmonisation of the ease of restrictions at the borders.“I would have wished that the various countries in the ECOWAS region would have moved together on that. The product specific rules would have what we call the wholly obtained, non-originating materials and specific processing basically. There is also a Free zone enclave in Tema. Not until the time we have adequate information, what are we travelling to countries like Cameroon to do?” he quizzed.Dr. Please contact the … The town's chief industrial products include aluminium, steel, processed fish, refined petroleum, textile, chemicals, food products, and cement. 3 days, 14 hours ago P. O. Email or MyToyotaID (also known as Workday ID) Password: Need Help?
And we know there is a sixty to forty (60-40) arrangement Ethiopia has with Government which I’m not sure is finalized.There’s going to that liberalization of institutions and partnerships, between private sector institutions, government and private sector, and government to government,” he cited.The National President of the Borderless Alliance, Ziad Hamoui, also outlined the many benefits Ghanaians and economic operators of all backgrounds would enjoy from the setting up of the AfCFTA Secretariat in Ghana.“On the level of the average economic operator who is asking what is in this for me, you should know that the African Continental Free Trade Agreement will open up a single market for goods that are produced locally which would open up the opportunity to export these goods, duty free eventually to other African countries,” he highlighted.The Secretary General of the International Chamber of Commerce, Ghana, Emmanuel Doni-Kwame, on the same program, also highlighted some opportunities available to key state agencies like the Ghana Export Promotion Authority by virtue of their proximity to the operations of the AfCFTA Secretariat.“In the short term, at least, once we have our Export Promotion Authority, Exim Bank and others in there, the early stages, they would need to take advantage of the opportunities working together closely with the Secretariat, to build their own capacity and the necessary linkages to grow our export,” Emmanuel Doni-Kwame asserted.The official commissioning and handing over of the Secretariat witnessed speeches and addresses from the Minister of Foreign Affairs and Regional Integration and the Minister of Trade and Industry.The Minister of Trade and Industry Alan Kwadwo Kyeremanteng stated that “The case for an integrated market for Africa has never been in doubt despite the scepticism that has been associated with it. 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. The Director of the Port of Tema, Sandra Opoku, said with the Port of Tema recording about 17million metric tonnes of cargo throughput in 2019, such an infrastructure would only go a long way to complement the efforts of the Port for safe transportation of cargo across the nation. It means for every product the chapter has a rule, the heading has a rule and then the subject has a rule. The product specific rules would have what we call the wholly obtained, non-originating materials and specific processing basically.
That one we would liberalize but not immediately.
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