The Maritime Hub International
Source: Ghana Institute of Freight Forwarders-GIFF
The Ghana Institute of Freight Forwarders-GIFF, has revealed that it is focused on promoting seamless flow of goods to foster economic Growth in the country, through a collaborative effort between the Ghanaian government and industry stakeholders.
Addressing a Press Conference in Tema, the President of GIFF, Mr. Edward Akrong noted however, that the freight forwarding industry is grappling with the constant changes in policies and dynamic shifts, which pose significant challenges to their operations.
He noted that the freight forwarding environment is characterized by volatility, uncertainty, complexity, and ambiguity (VUCA).
Mr. Edward Akrong added that, valuation of goods by the Customs Division of the Ghana Revenue Authority is a notable challenge.
''One of the foremost issues we face is that of valuation of goods by the Customs Division of the Ghana Revenue Authority.
Although Valuation has been a sore point in doing business in the ports, this has been further exacerbated by a recent imposition of a ‘reference price list’ for the valuation of goods by the Board of Directors of the Ghana Revenue Authority (GRA)," he stressed.
Mr. Akrong stated that, full implementation of the Interconnected System for the Management of Goods in Transit (SIGMAT), reminiscent of the Cargo Tracking Note (ECTN) which recently caused an uproar in the industry until it was branded fake news, raised serious concerns within the industry.
As the Trade Facilitation Agreement (TFA) discourages such practices that hinder the smooth flow of goods across borders, the President of GIFF said it is crucial to reassess and rectify policies that may inadvertently impede the efficiency of logistics and supply chain operations.
Mr. Akrong believes that a collaborative effort between the Ghanaian government and industry stakeholders is essential to addressing these challenges.
He reminded stakeholders in the sector that as signatories to the WTOs Trade Facilitation Agreement (TFA), they need to avert their minds to: “Art. 10.2.3-A Member shall not require an original or copy of export declarations submitted to the customs authorities of the exporting Member as a requirement for importation.”
A report by Jackline Favour Asassey
Tags
Giff
GRA
Custom Division
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