Stakeholders dialogue to sanitise retail trade sector

| Updated Aug 03, 2018 at 12:11pm


Mr. Alan Kyerematen, the Minister of Trade and Industry has been appointed as the new Chairman of the committee on foreign retail trade.


Following the angry response that has greeted the decision by the Ministry of Trade and Industry (MOTI) to suspend its earlier directive asking foreigners to leave the domestic retail trade for indigenous Ghanaians, key stakeholders in the trade industry have been engaging in dialogue to settle the matter and sanitise the sector.

The meetings have been given a major boost, as representatives of the Ghana Union of Traders Association (GUTA), which had earlier boycotted a committee on foreign retail trade that was inaugurated in May 2018 to enforce regulations in the domestic retail sector, returned to resume their mandate.

Participants in one of such meetings in Accra included officials from MOTI, Ministry of Information, Ghana Investment Promotion Centre (GIPC), the Ministry of Foreign Affairs and Regional Integration, National Security and GUTA.

At the end of the meeting, the sector Minister, Alan Kyerematen, and the President of GUTA, Dr. Joseph Obeng, jointly signed a communique indicating that the foreign retail committee has been given increased executive powers on its mandate.

It indicated that Mr. Kyerematen has taken over as the new Chairman of the Retail Committee. Also included on the Committee are the Ghana Standards Authority (GSA) and the Food and Drugs Authority.