The Ghana Union of Traders Association (GUTA) has welcomed government’s decision to suspend the implementation of the controversial benchmark value reversal which was expected to kick in yesterday January 4, 2022.

Industry players, with the exception of AGI, have spoken strongly against the policy directive since it was announced on December 31, 2021.

Its is unclear what informed the sudden change and the reinstating of the old charges at the ports.

But Deputy Communication Director of GUTA, Joseph Osei Yaw Agyemang in an interview with JoyNews, attributed the development to the push back that has greeted the announcement.

“It is not good news to us because we want the whole thing permanently (policy) reversed, and not to reverse it for a day or two. Since yesterday, we have been talking about it to stop the policy so I think that is what has informed them to suspend it for a day or two.

Mr Agyemang also announced that the Association is in talks with government to permanently suspend the policy.

"We are talking to the government to suspend the whole thing, and since we are talking about it, we know it will work," he stated.