GOVERNMENTS URGED TO COMMIT FULLY TO IMPLEMENTATION OF WTO TRADE FACILITATION AGREEMENT FOR IMPROVED INTERNATIONAL TRADE.

The Ghana chapter of the International Chamber of Commerce with support from the Global Alliance for Trade Facilitation has held a stakeholders’ forum on the implementation of the World Trade Organization’s Trade Facilitation Agreement in Accra.
The forum was aimed at calling on governments to commit fully to the implementation of some sections of the WTO agreement which will create a level playing field for various actors in the area of international trade.
Secretary for the International Chamber of Commerce, Ghana, Emmanuel Doni Kwame, whose outfit has been at the forefront in advocating for the implementation of the WTO trade agreement, said he is hopeful that government will engage the various stakeholders in addressing challenges associated with the implementation of the WTO agreements.
“This workshop was just to monitor, more or less discuss our status of implementation as far as the key articles that we believe are very important to the private sector,” Mr. Doni Kwame highlighted.
A Chief Revenue Officer at the Ghana Customs Service, Fechin Akoto, was of the strong view that the passage of the trade facilitation agreement will rather boost trade and not compromise it as being feared by many.
“When it comes to the issue of risk management it has to do with using technology to cope up with trade,” he said.
With majority of the country's trade being channelled through the Ports and the country's transit corridors, stakeholders and resource persons emphasized the need for government to take a critical stand in the implementation of article 1,3,6,7 provisions of the WTO Trade Facilitation Agreement, which seeks to outline a blueprint on how governments can minimize losses and improve upon its revenue collection.


12/18/2018 12:03:07 Pm
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