• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, December 23, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Minority Urges Ghanaians To Oppose Government Proposed Import Restriction L.I

Evans Junior Owuby Evans Junior Owu
December 6, 2023
Reading Time: 4 mins read
Dr Cassiel Ato Forson

Dr Cassiel Ato Forson

The Minority Caucus in Parliament has called on all well-meaning Ghanaians including the Trades Union Congress (TUC), Civil Society Organisations (CSOs), traditional authorities, the clergy and all progressive forces to join its fight to reject government import restriction regulations.

In a press conference addressed on Wednesday, December 6 2023, the Minority leader, Dr Cassiel Ato Forson indicated that the rejection of the government-proposed legislation instrument to restrict the importation of some products would be in the supreme interest of the country.

Dr Ato Forson indicated that the National Democratic Congress and the Minority Caucus in Parliament are not against legislation or policy that seeks to protect indigenous businesses by regulating imports, however, it is rather opposed to the government’s proposed legislative Instrument as the proposed legislation confers ‘unfettered’ discretionary power on the Minister of Trade to issue import licenses and to restrict the quantity of certain imports into the country, without any checks and balances.

RelatedPosts

Appiagyei-Atua Backs 5-Year Presidential Term, Urges Separation of Parliament from Ministries 

Mahama Extends Christmas Felicitations, Reaffirms Resetting Ghana Agenda

Establish Emolument Commission to End Era of ‘Retire on Salary’ – CRC

The Ajumako Enyan Essiam Member of Parliament further argued that the legislation when passed would breed ‘corruption’ and ‘cronyism’ which can easily be abused by government officials to create a monopoly for some few individuals in the country to the disadvantage of several citizens.

“As it is often said, power corrupts, but absolute power corrupts absolutely. Simply put, the proposed Import Restrictions Regulations of the failed Akufo-Addo/Bawumia NPP government, seeks to grant unchecked discretionary power to the Minister for Trade, to solely determine whether or not, to issue an import license to a person and to restrict the quantity of certain imports into the country, as he deems fit.   The regulatory framework proposed by the LI is not only opaque but can lend itself to arbitrariness and abuse. This clearly, is going to be an avenue for extortion and corruption if allowed to stand”.

Dr Cassiel Ato Forson

Minority Laments Over Financial Burden LI Would Impose On Importers  

Moreover, the Minority leader, Dr Cassiel Ato Forson, alleged that the proposed regulations by the government seek to impose both an application fee and a license renewal fee on prospective importers.

He noted that such a practice would further impose an additional burden on businesses which are already suffering under an overburdened tax regime and bad policies of President Akufo-Addo and Vice President Dr Mahamudu Bawumia’s administration.

ADVERTISEMENT

More so,  Dr Ato Forson recounted that under circumstances where one fulfils the various requirements and pays the necessary application or renewal fees under the proposed legislation, the decision to issue or renew an import license rests solely with the Minister of Trade.

According to him, such practice could potentially lead to a situation where the Trade Minister would use such ‘unfettered’ powers to frustrate businesses of perceived political opponents.

The Minority leader further argued that the proposed regulations would breach natural justice as the legislation when passed would give the Minister of Trade the power to unilaterally determine a review application against his own decisions.

“It should be obvious to any discerning mind, that the excessive discretionary powers that the law grants a Minister for Trade, will allow him to subject the issuance and renewal of import permits to crony or state capture. If this law is allowed to pass, a Minister of Trade will be handed a blank cheque to deny those who are not in his good books, licenses and create powerful trade cartels that will monopolise the importation of these essential commodities. This has the potential to create supply disruptions and shortages of certain goods in the economy with its concomitant effects on inflation”.

Dr Cassiel Ato Forson

In addition, Dr Ato Forson refuted government claims that the proposed legislation when passed would promote local production of the ‘affected’ products and conserve foreign exchange for the country.

He stressed that the government has failed to outline any specific interventions or incentives to promote the local production of the various products listed under the proposed legislation.

“It is instructive to note that, currently, Ghana does not have any significant local capacity to produce some of the strategic products listed under the First Schedule of the proposed LI such as sugar, among others”.

Dr Cassiel Ato Forson

The Minority leader, however, argued that the proposed legislation when passed could lead to severe sanctions being imposed on Ghana by its trade partners and eventually affect the country’s exports as the proposed regulations breached some international trade treaties and protocols that Ghana is a party to.

“For instance, the regulations in their current form, contravene the World Trade Organisation (WTO) trade facilitation agreement, particularly on quantitative restrictions”.

Dr Cassiel Ato Forson

The Minority leader, Dr Cassiel Ato Forson thus, admonished that the right to import essential commodities into the country must not be limited to the ‘whims’ and ‘caprices’ of the Minister of Trade and Industry, or his deputy or a certain Import Permit Committee, which will be constituted by the Minister under Regulation (2) of the proposed regulations.

READ ALSO: Group Commend Cardinal Turkson On His  Position On Anti-LGBTQ Bill

Tags: Dr Cassiel Ato ForsonImport And Export Regulations 2023Ministry of Trade and IndustryMinority Caucus in ParliamnetNational Democratic Congress (NDC)
Share4Tweet2Share1SendSend
Please login to join discussion
Previous Post

Leadership Shift at MTN: Adadevoh Named Chief Commercial Officer, Blewett Takes Over MTN Ghana

Next Post

Sponsor Of Anti-LGBTQ+ Bill Decries Parliament’s ‘Deliberate’ Delay

Related Posts

Professor Kwadwo Appiagyei-Atua, Legal Scholar
General News

Appiagyei-Atua Backs 5-Year Presidential Term, Urges Separation of Parliament from Ministries 

December 23, 2025
President John Dramani Mahama
General News

Mahama Extends Christmas Felicitations, Reaffirms Resetting Ghana Agenda

December 23, 2025
Prof. H. Kwesi Prempeh, Chairman of the Constitutional Review Committee
General News

Establish Emolument Commission to End Era of ‘Retire on Salary’ – CRC

December 23, 2025
Supreme-Court Judges
General News

CRC Caps Supreme Court Justices at 15, Tightens Appointment and Removal Process

December 23, 2025
President John Dramani Mahama, Professor Henry Kwasi Prempeh and Co.
General News

CRC Proposes “Justiciable” National Development Plan to End Policy Ping-Pong

December 23, 2025
Hon. Joseph Bukari Nikpe, Minister for Transport
General News

Transport Minister Unveils High-Tech Plan to Curb Bus Revenue Leakage

December 23, 2025
Professor Kwadwo Appiagyei-Atua, Legal Scholar
General News

Appiagyei-Atua Backs 5-Year Presidential Term, Urges Separation of Parliament from Ministries 

by Silas Kafui AssemDecember 23, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
USA

Trump To Invite Kazakhstan and Uzbekistan To Next G20 Summit

by Comfort AmpomaaDecember 23, 2025
Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources
Extractives/Energy

Lands Minister Tasks New VALCO Board to Drive Ghana’s Aluminium Value Chain

by Prince AgyapongDecember 23, 2025
President John Dramani Mahama
General News

Mahama Extends Christmas Felicitations, Reaffirms Resetting Ghana Agenda

by Evans Junior OwuDecember 23, 2025
Vice President Jane Naana Opoku-Agyemang, With Hon. Emelia Arthur, Minister for Fisheries and Aquaculture
Agribusiness

Vice President Audits Fisheries Reset to Secure 2026 Food Sovereignty

by Silas Kafui AssemDecember 23, 2025
President Mahama, Veep Naana Jane, and the Constitutional Review Committee
Economy

Public Debt Anchor, CRC Proposes to Complement Ato Forson’s Act

by Michael Teye-Bio NaduteyDecember 23, 2025
Professor Kwadwo Appiagyei-Atua, Legal Scholar
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources
President John Dramani Mahama
Vice President Jane Naana Opoku-Agyemang, With Hon. Emelia Arthur, Minister for Fisheries and Aquaculture
President Mahama, Veep Naana Jane, and the Constitutional Review Committee

Recent News

Professor Kwadwo Appiagyei-Atua, Legal Scholar

Appiagyei-Atua Backs 5-Year Presidential Term, Urges Separation of Parliament from Ministries 

December 23, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation

Trump To Invite Kazakhstan and Uzbekistan To Next G20 Summit

December 23, 2025
Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources

Lands Minister Tasks New VALCO Board to Drive Ghana’s Aluminium Value Chain

December 23, 2025
President John Dramani Mahama

Mahama Extends Christmas Felicitations, Reaffirms Resetting Ghana Agenda

December 23, 2025
Vice President Jane Naana Opoku-Agyemang, With Hon. Emelia Arthur, Minister for Fisheries and Aquaculture

Vice President Audits Fisheries Reset to Secure 2026 Food Sovereignty

December 23, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address