Audio By Carbonatix
The World Bank Group has called on the government of Ghana to, as a matter of urgency, tighten its consumer protection standards to promote the health, safety and security of consumers.
According to the World Bank Group’s Senior Director of Global Practice on Trade and Competitiveness, Anabel Gonzalez, Ghanaian authorities must dedicate serious attention to clearing the country’s market of fake and substandard goods to safeguard the well-being of citizens.
“There is the need for a country to have consumer protection standards and I think this is very relevant to promote the health, safety, security of consumers,” she told the B&FT.
“What we have found in many places is that the problem lies more, sometimes, in the lack of a clear feeling for consumer protection. We have also seen lack of standard in Ghana particularly, the weak implementation of standards that already exist. Now, there is nothing in trade agreement which is incomparable in protecting consumer standards.”
Anabel Gonzalez further stated that, “the Ghanaian government must also have investments, which is very necessary, for example, in laboratories and train personnel that may be able to actually verify compliance with those standards.”
The World Bank group, she said, will be training the Ghanaian government in the area of competitiveness in global practices, and to put in place quality infrastructure that will support consumer protection objectives in the country.
Ghana, on January 4, 2017, become the 104th World Trade Organisation (WTO) member to ratify the Trade Facilitation Agreement (TFA), reducing the number of member countries needed to ratify the Agreement and bring it into force to six.
Meanwhile, many have become worried over Ghana having ratified the TFA, as they believe, there will be an increase in the influx of substandard foreign products on the Ghanaian market, which could collapse several indigenous industries.
Business associations like the AGI, PEF, GUTA and GCCI have often raised concerns over the influx of sub-standard goods onto the Ghanaian market and they have asked for serious attention from government and all well-meaning Ghanaians to stop the practice.
According to the business associations, in a country where requisite standards in all spheres of life are being compromised, it is obvious that the consequences could be detrimental.
Anabel Gonzalez told the B&FT, however, that the issue of substandard goods inundating the Ghanaian market should also be tackled in a preventive approach, instead of a combative one, by the authorities responsible if they really mean to tackle the menace in Ghana.
She said Ghana ratifying the trade facilitation agreement of the WTO allows the country to be a greater participant of the global economy.
“Ghana recently ratified the trade facilitation agreement of the WTO. This is very important because if a country is going to engage in the global economy, by exporting more and importing more, you need to reduce trade cost, to make your customs more efficient. This also allows you to reduce the cost of duration of exports and imports. One important thing is: the TFA will promote border coordination between government agencies and you need to put in place a risk management system which helps in the movement of goods.
And the trade facilitation agreement provides a very conducive umbrella to undertake a very important reform and we at the world stand ready to support Ghana in this area and I think this is one part which is very important in this area.”
Latest Stories
-
CSSPS resolves 83% of placement issues, day-to-boarding requests dominate outstanding cases
1 minute -
Hohoe floodwaters recede, leaving over 5,000 homeless
12 minutes -
Three arrested after drones allegedly flown over EOCO headquarters during Baffour Awuah probe
13 minutes -
Gender Ministry urges Ghanaians to see older persons as contributors, not beneficiaries
16 minutes -
Flydubai passenger describes hugging his children as plane nosedived during attack
16 minutes -
Africa’s richest man launches Kenya oil refinery despite land protests
17 minutes -
CSOs urge government to review 10,000 sq km offshore gold licences over fisheries concerns
18 minutes -
National Ambulance Service treats 8 casualties after Avenor fire in Accra
19 minutes -
Former Duffuor spokesperson, Antonio Asinyo enters NDC Youth Organizer race
20 minutes -
Zimbabwe tycoon Wicknell Chivayo and wife killed in helicopter crash
22 minutes -
Russia targets busy bridge in central Kyiv in broad daylight
22 minutes -
Putin shows no sign of stopping the war as Russia doubles down on Ukraine
23 minutes -
Gov’t outlines measures to support Ghana’s growing population of older persons
24 minutes -
Star Oil rejoins COMAC, calls for reforms to governance structure
30 minutes -
Norwegian government strengthens soybean value chain to expand market access for farmers
32 minutes