Abossey Okai Spare Parts Dealers Association backs Kyerematen's fixed import duties plan

Ghanaian

The leadership of the Abossey Okai Spare Parts Dealers Association has expressed support for independent presidential candidate Alan Kyerematen's proposal to implement a fixed rate on import duties.

Mr Kyerematen has committed to introducing this measure within the first six months of his potential administration if he wins the upcoming December 7 general

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According to a statement released on Friday, February 29, 2024, and attributed to the Director of Communications Takyi Addo, the Association believes that such a policy will not only benefit the spare parts dealership sector but also provide relief to its members.

The leadership has encouraged its members to remain calm as they evaluate and consider all proposals presented by presidential candidates during the ongoing election campaign.

Below is the full statement from the Abossey Okai Spare Parts Dealers Association

Press Statement

February 29, 2023, Abossey Okai Spare Parts Dealers Association Endorses Alan Kyerematen’s Pledge on Fixed Import Duties Rate.

The leadership of the Abossey Okai Spare Parts Dealers Association announces its endorsement of the independent presidential candidate, Mr. Alan Kyerematen’s commitment to introducing a fixed rate on import duties.

Mr. Kyerematen has pledged to implement this initiative within the first six months of his administration if elected in the upcoming December 7 general elections.

The Association views Mr. Kyerematen’s commitment as a commendable effort that will significantly contribute to the growth of the spare parts dealership sector within the economy.

As an Association we hold in high esteem his decision to make the duties on the importation of spare parts free after sealing the revenue loss loopholes at the ports after two years of his administration.

The proposed fixed rate, according to the Association, holds the potential to bring stability and prosperity to its members.
Expressing optimism about the positive impact of this proposal, the Association believes that the implementation of a fixed rate will serve as a game-changer in the sector.
This move is expected to empower importers, allowing for better planning and ensuring stable prices for commodities.

The Association acknowledges that such a measure will not only boost the spare parts dealership sector but will also bring relief to its members. The stability introduced through fixed import duties is seen as a catalyst for fostering growth and sustainability in the industry.

While endorsing Mr. Kyerematen’s proposal, the Association wishes him success in his electoral aspirations.

The leadership urges its members to remain calm as they carefully evaluate and consider all proposals presented by presidential aspirants in the ongoing race.

In closing, the Abossey Okai Spare Parts Dealers Association reiterates its commitment to engaging constructively with political candidates and policymakers for the betterment of its members and the overall growth of the economy.

For media inquiries, please contact:
Takyi Addo
Director of Communications