Shippers’ Authority Bill: Importers and Exporters Opposes Delay in Presidential Assent

In an interview, the President of IEAG, Sampson Asaki Awingobit, emphasized that the new law ensures accountability and responsible conduct among all stakeholders in the commercial shipping value chain.

The Importers & Exporters Association of Ghana (IEAG) has rejected calls from certain stakeholders in the commercial shipping industry urging President Nana Akufo-Addo to delay signing the Ghana Shippers’ Authority Law 2024. The IEAG has labeled these calls as baseless.

In an interview, the President of IEAG, Sampson Asaki Awingobit, emphasized that the new law ensures accountability and responsible conduct among all stakeholders in the commercial shipping value chain.

According to the Association, the law creates a more organized and regulated environment for trade, safeguarding the interests of both importers and exporters.

The Ghana Union of Traders Association (GUTA) and the Ghana Institute of Freight Forwarders (GIFF) have expressed concerns about certain sections of the law and have requested the President to hold off on signing it until further discussions can take place.

However, the IEAG maintains that the new law is a crucial step toward enhancing transparency and efficiency in Ghana’s shipping and logistics industry. While recognizing the importance of continued dialogue, the IEAG insists that the law should be signed without delay.

“I am aware that with the new law, the Board of the Shippers’ Authority now includes representatives from the AGI, the Chamber of Commerce, and the Ghana Union of Traders. They have also agreed to establish ad-hoc committees comprising stakeholders and the Shippers’ Authority to draft the legislative instrument (LI) that will properly regulate and implement the Act.

“We are still waiting for the Ghana Shippers’ Authority to invite us to form this ad-hoc committee. Therefore, I was surprised to see my colleagues issuing a statement calling for the President not to assent to the bill. I believe that the current Ghana Shippers’ Authority Act is designed to support the business community, particularly shippers, importers, and exporters. The Shippers’ Authority has shown a willingness to listen to us, and I am confident that the door remains open for further engagement,” Awingobit remarked.

 

The IEAG has also called for clear guidelines and support from the Ghana Shippers’ Authority (GSA) to help businesses adapt to the new regulations, ensuring that the law facilitates smoother and more efficient operations within Ghana’s trade sector rather than becoming a barrier.

“In my view, this Act is necessary to streamline the operations of shippers, especially carriers who have been exploiting importers by imposing excessive fees and charges.

“Sometimes, when an importer pays port charges but cannot cover the additional fees imposed by the carrier, the carrier will hold the cargo, even after higher authorities have intervened. Now that the Shippers’ Authority has an Act to regulate this industry, I am fully prepared to engage, and I know that others share this commitment,” he added.

Source:expressnewsghana.com

Ghana Shippers’ Authority Law 2024Importers & Exporters Association of Ghana (IEAG)president Nana Akufo-Addo