Trade Corridors And The Ghana Shippers’ Authority Collaborate To Improve Transit Trade.

The volume of transit trade along Ghana’s transit corridors has recently decreased, which emphasizes the necessity for proactive efforts to address the underlying causes of this trend.

Data from the Ghana Ports and Harbors Authority (GPHA) for the year 2023 shows different patterns of cargo traffic along Ghana’s transit corridors. There was a minor increase to 454,182 metric tonnes in the second quarter from 422,501 metric tonnes in the first.

But in the third quarter, this progress stalled, and the number dropped to 432,969 metric tonnes. The reduction continued until the fourth quarter, reaching 405,770 metric tonnes as a final point of fall.

Consequently, between January and December 2023, the amount of cargo transported to landlocked nations from the Tema and Takoradi ports decreased marginally by 16,731 metric tonnes.

The Ghana Shippers’ Authority (GSA) has kept a careful eye on the circumstances and moved to address the reasons for the downturn. Among these are meetings with important parties like the Joint Association of Port Transport Union (JAPTU) and government organizations, as well as an examination of current Memoranda of Understanding (MOUs) with similar Shippers Councils in nearby countries.

At the 2nd Quarter Transit Shipper Meeting in Accra on Thursday, April 18, 2024, Mrs. Sylvia Asana Dauda Owu, Director of Operations, spoke on behalf of the CEO, Mr. Kwesi Baffour Sarpong, to delegates from the Shippers’ Councils of Burkina Faso, Niger, and Mali. She emphasized how important it is to examine the MOUs in order to make sure they still reflect the changing business.

Many of the MOUs that we previously signed with you have since expired. Because of the changes in the sector, it is necessary that we review these agreements as soon as possible,” she underlined.

Burkina Faso, Mali, and Niger are just a few of Ghana’s trading partners with whom the GSA is dedicated to building cooperative and friendly working partnerships. Memorandums of Understanding (MOUs) are commonly used to formalize these ties and guarantee the fair allocation of goods for transit trucks from landlocked nations, as well as to protect their rights when doing business in Ghana.

These memorandums of understanding (MOUs) are essential tools for maintaining equity, openness, and cooperation between parties; as a result, transit operations run more smoothly, and regional trade contacts are strengthened.

The GSA’s approach was welcomed by representatives of the Shippers’ Councils in Burkina Faso, Mali, and Niger, who also indicated their willingness to take part in the evaluation of the MOUs intended to improve the sector.

The committee members were also briefed on the laws and procedures governing the handling of transit cargo on UCL by Mr. Daniel Ofosu Mintah, Deputy Commissioner of the Customs Division of the Ghana Revenue Authority, who is in charge of State Warehouses. The attendees were urged to become familiar with the provisions for cost-effectiveness and operational efficiency.

Before the end of June 2024, the GSA committed to publishing their findings and opinion on UCL.

Leave a Reply

Your email address will not be published. Required fields are marked *