Trade Minister engages SMIDO on removal of laws on salvaged vehicles

In a recent discussion, Ghana's Trade Minister, K.T. Hammond, met with the Salvaged Motor Dealers Association (SMIDO) to address concerns surrounding the current laws regulating salvaged vehicles. The meeting focused on the potential removal of these restrictive regulations that have long hindered the operations of salvaged vehicle dealers in the country. Hammond acknowledged the significant role that salvaged vehicles play in providing affordable transportation options for many Ghanaians. He emphasized the need for a balanced approach that would allow for both consumer protection and support for local businesses in this sector.

The minister expressed his commitment to collaborating with SMIDO to develop more favorable policies that could stimulate growth within the salvaged vehicle market while ensuring safety standards are upheld. This engagement marks a crucial step towards reforming outdated regulations that have been seen as barriers to trade and economic progress. The discussions reflect a broader effort by government officials to enhance business environments and drive economic development through pragmatic policy adjustments tailored to industry needs.