Saturday, 02 November

Bagbin suspends import restrictions L.I., urges Trades Minister to resolve concerns of industry players

Business
Mr Bagbin urged leadership to resolve the matters surrounding the regulation, acknowledging the significant impact such instruments can have due to their constitutional and legal implications

Parliament has halted the presentation of the Legislative Instrument aimed at restricting the importation of 22 selected strategic products into the country. 

The Minority caucus raised concerns about the regulation's implications, prompting calls for further engagement with the Minister for Trade and Industry, K.T Hammond. T

The Speaker, Alban Bagbin, emphasised the need for the minister to address these concerns before laying the Legislative Instrument before the house. 

Mr Bagbin urged leadership to resolve the matters surrounding the regulation, acknowledging the significant impact such instruments can have due to their constitutional and legal implications.

“Try to resolve these matters before we move on because we are dealing with instruments. And you know the impact of these instruments; that is why I am saying we should try and resolve it.”

“Laying of an instrument has nothing to do with numbers, but because of the nature of the instrument you laid and the constitutional and legal effects of the laying, you better meet and discuss and resolve the issues before we move on,” Mr. Bagbin said.

Source: classfmonline.com