IEAG dismisses calls to halt Ghana Shippers’ Authority Law

The Importers and Exporters Association of Ghana (IEAG) has labeled as unfounded the calls from some stakeholders in the commercial shipping industry urging President Nana Akufo-Addo to withhold assent to the Ghana Shippers’ Authority Law 2024.
Mr. Sampson Asaki Awingobit, President of the IEAG, stated that the law, in its current form, promotes accountability and responsible behavior among all stakeholders in the commercial shipping value chain.
He emphasized that the law creates a more structured and regulated trade environment, ensuring the interests of both importers and exporters are safeguarded.
While the Ghana Union of Traders Association (GUTA) and the Ghana Institute of Freight Forwarders (GIFF) have voiced concerns about certain aspects of the law and have requested a delay in its assent for further discussions, the IEAG believes the new legislation is crucial for enhancing transparency and efficiency in the shipping and logistics industry.
Mr. Awingobit acknowledged the importance of continued dialogue but insisted that halting the assent of the law is unnecessary.
He expressed confidence in the Ghana Shippers’ Authority’s willingness to engage with all stakeholders and urged the Authority to provide clear guidelines and support to help businesses adapt to the new regulations.
“In my view, this Act is necessary to streamline the operations of shippers, particularly carriers who have been exploiting importers by imposing excessive fees and charges,” he added.
Mr. Awingobit stressed that the law should serve as a facilitator of smoother and more efficient operations within Ghana’s trade sector rather than a barrier.