The Chief Executive Officer, Ghana Export Promotion Authority, Mr Gideon Quarcoo, on yesterday called for the reduction of high tariffs on trans-border goods between Ghana and Nigeria.
Quarcoo made the appeal at the Ghana Day at the ongoing 27th Lagos International Trade Fair in Lagos.
According to him, high tariffs are retarding the growth of trade between the countries.
“The reduction will improve the welfare of the traders and enhance revenue for both countries,” he said.
The Chief Executive Officer, Ghana Export Promotion Authority, Mr Gideon Quarcoo, on yesterday called for the reduction of high tariffs on trans-border goods between Ghana and Nigeria.
Quarcoo made the appeal at the Ghana Day at the ongoing 27th Lagos International Trade Fair in Lagos.
According to him, high tariffs are retarding the growth of trade between the countries.
“The reduction will improve the welfare of the traders and enhance revenue for both countries,” he said.
Quarcoo reiterated that the government of Ghana had stopped the levy on profit-after-tax from Nigerian investors in Ghana.
Also speaking at the event, Mr Erastus Ashun, Deputy Director, Ghana's Ministry of Trade and Industry, called for improvements in trans-border trade between the two countries by developing a rail link between the two nations.
Ashun also urged both countries to modify their customs regimes, to encourage trade between the countries.
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