All re-opened illegal foreign retail shops should be closed – GUTA

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The Ghana Union of Traders Association, (GUTA), has called for closure of all illegal foreign-owned retail shops that have been reopened for business at Circle in Accra.

GUTA said in a statement that the presidential Committee on Foreign Retail Trade only inspected their documents but did not ask them to reopen.

Their action, GUTA said is against the section 27 of the Ghana Investment Promotion Centre (GIPC) Act 865, which disallows all foreigners from engaging in retail businesses in Ghana.

“We have been duly briefed by the Committee on Foreign Trade that over 90% of the foreigners have not met the requirements. Almost all ECOWAS trading members operating in the country are guilty of rules of origin as stated in the ECOWAS protocols, which means that they do not trade in the goods manufactured in their respective countries”.

“It must be noted herein, that Nigeria closed her borders citing the abuse of ECOWAS protocols with the rule of origin as their reason. ECOWAS traders who import from the outside the ECOWAS community, like all other foreign nationals trading in Ghana, can only trade after satisfying the GIPC conditions on retail trade in the country” GUTA said in a statement.

Source: Laudbusiness.com/Ghana

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