Business

Modify old trade conventions to favor local printing firms – AGI tells govt

The Association of Ghana Industries is calling on government to review some outdated trade policies to give a boost to local producers within the printing, packaging and labeling space.

The Association explains that with the growing presence of industrial revolution in the country, local producers have built their competences to meet the demand of clients and society.

These comments were made by the Chief Executive Officer of the Association of Ghana Industries, Seth Twum Akwaboah on the sidelines of the opening of Propak Exhibition and trade conference in Accra.

“The Florence Convention which was a convention signed in the 1850s because at the time we didn’t have sophisticated printing presses in Ghana. So to encourage one to bring in the learning materials, the duties were taken off: at that time it made a lot of sense but unfortunately this law has stayed with us up till today. While we have moved on in terms of capacity to print,” he said.

“We also have some sophisticated printing firms in Ghana now and duty of imports of raw materials continues to persist so we believe that kind of policies is not helping local producers and it should be looked at,” he added.

Source: Ghana Business

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