Ghana-Nigeria trade impasse: GIPC Act is intact

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Business News of Wednesday, 28 July 2021

Source: www.ghanaweb.com

2021-07-28

Speaker of Parliament, Alban Bagbin and GUTA president, Dr Joseph ObengSpeaker of Parliament, Alban Bagbin and GUTA president, Dr Joseph Obeng

Speaker of Parliament, Alban Bagbin has assured the Ghana Union of Traders Association that the GIPC Act 2013, Act 865 is intact and will not be subjected to a review.

The development comes after pronouncements were made by some members of GUTA in the media that the Speaker did not seek to protect the interests of Ghanaian traders during his recent trip to Nigeria.

But a meeting between GUTA led by its President, Dr. Joseph Obeng and the Speaker was held on Tuesday, July 27 in a bid clarify that the Act was intact for the retail trading community and will not be reviewed to favour any particular country.

Discussions included an apology to the Speaker of Parliament, Alban Bagbin of which the Speaker accepted and further discussions focused on the need to protect the interest of Ghanaian traders in their dealing with other nationals.

According to sources at GUTA, the speaker assured of his support for the Ghanaian retail traders.

The trade association following the discussions were said to be pleased with the outcome and clarifications made and hence thanked the Speaker for his unwavering support.

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