Friday, May 27, 2011

Trade Minister disagrees with Parliamentarian on Gambia’s re-export trade




The Minister of Trade, Regional Integration and Employment, Abdou Salam Secka, has disagreed with the Hon. Abdoulie Sanneh, National Assembly Member for Banjul Central, who argued that The Gambia’s re-export trade is declining over the years.

“Our trade statistics stood at D23, 274 million and then increased to D1, 042, 623 billion in 2009,” Trade Minister said while responding to question raised by Hon. Sanneh during the question and answer session of the National Assembly.
However, Hon Sanneh argued that evidence on the ground, at The Gambia’s seaport in Banjul, shows that re-export trade is decreasing.

About 80 percent of Gambian merchandise exports consist of re-exports to the sub-region. The Gambia’s economy and especially its public finances are highly dependent on this trade because imported goods destined for re-export pay the normal import duties.

The Trade Minister explained that in the first half of 2010 trade statistics revealed that re-export amounted to D530, 897 million compared to D362, 309 million in 2009.

“This statistics therefore do not attest to the declining re-export trade,” Mr Secka said.

He added that re-export trade is a sector that is not completely within the Nation’s control.

“One of the reasons is that other ports in the region are improving on their efficiency and therefore reducing the competiveness edge that we used to enjoy. Secondly the Region is moving more and more to harmonizing policies, including fiscal policies which means that our taxes in the region are supposed to be the same,” he said further.

Mr Secka went on to say that his Ministry is collaborating with all relevant Ministries for increased domestic productions, more value addition, more diversified exports, more earnings and therefore improved livelihoods for the citizenry.

“The Gambia is a liberal economy with a trade policy that encourages the creation of an enabling environment for trade throughout all sectors,” he said

He also added that they are currently engaged in a process of developing the Medium Term Plan for the implementation of the Trade Policy 2011 with a view to addressing issues of how to improve the domestic productive capacity, putting in place the institutional requirements to mainstream trade in relevant sectors and increase our competitiveness in terms of attracting investors, increasing and diversifying exports, and improving ease of doing business in The Gambia

18 comments:

  1. Where they learn techniques on how to improve their patient's mobility, relieve their pain and treat temporary or permanent disabilities, through various therapeutic techniques and procedures. A couple of major accrediting agencies encompass most of those. Your best bet is to find an ACOTE accredited school because these schools are recognized as offering the most thorough education.
    Feel free to surf my page ; thoughts.com

    ReplyDelete
  2. Gοod day vеry cool blog!! Guy .. Excellent .. Аmazіng .

    . I will bоokmark your blog and take thе feedѕ additionally?
    I am satіѕfied to find so mаny helpful informаtion here in thе put up, we neeԁ develop more technіques on
    this regard, thank you for shагіng.
    . . . . .

    My hоmeρage :: www.paydayloansonlinet3.com
    Feel free to surf my webpage - Pay Day Loans

    ReplyDelete
  3. Where they learn techniques on how to improve their patient's mobility, relieve their pain and treat temporary or permanent disabilities, through various therapeutic techniques and procedures. In the same breath, some male therapists get reported by female customers who say they (customers) were sexually harassed and handled improperly by their therapists. Depending on your lifestyle, now you also have the option to opt for online schools.
    Feel free to visit my webpage symptoms of severe depression test

    ReplyDelete
  4. I like looking through an article that will make people think.

    Also, thanks for allowing me to comment!

    My site - low carb diät erfolge

    ReplyDelete
  5. Fantastic site. Lots of useful info here. I'm sending it to some friends ans additionally sharing in delicious. And obviously, thank you on your sweat!

    my web blog folgers coffee singles discount coupons

    ReplyDelete
  6. Wonderful beat ! I would like to apprentice while you amend your site, how can i subscribe for a blog website?
    The account helped me a acceptable deal. I had been tiny
    bit acquainted of this your broadcast provided bright clear concept

    my web blog ... facebook coupon codes
    My web site :: dr pepper group vouchers

    ReplyDelete
  7. I rarely write comments, but i did a few searching and wound up here "Trade Minister disagrees with Parliamentarian on Gambia's re-export trade".

    And I do have a couple of questions for you if it's allright. Could it be only me or does it appear like a few of these responses come across as if they are left by brain dead visitors? :-P And, if you are posting at other online sites, I would like to follow everything fresh you have to post. Would you list of every one of all your social sites like your linkedin profile, Facebook page or twitter feed?

    Stop by my web page: Dinner Spices Discount vouchers

    ReplyDelete
  8. Hey There. I found your weblog the usage of msn. That is an extremely smartly written article.
    I will make sure to bookmark it and come back to learn more of your helpful information.
    Thank you for the post. I will definitely return.


    my website; diet low carb

    ReplyDelete
  9. I need to to thank you for this great read!! I absolutely loved every little bit
    of it. I've got you bookmarked to look at new stuff you post…

    My blog post :: lenkdrachen lernen

    ReplyDelete
  10. Quality content is the crucial to invite the users to go to see the web site,
    that's what this site is providing.

    Stop by my webpage: wordpress plugin kontaktformular

    ReplyDelete
  11. Hello Dear, are you really visiting this website regularly,
    if so after that you will definitely get good know-how.



    Also visit my web page; low carb online store

    ReplyDelete
  12. It's very straightforward to find out any topic on web as compared to textbooks, as I found this post at this website.

    Also visit my page - lo carb foods
    My website :: weight loss tips

    ReplyDelete
  13. Have you ever thought about adding a little bit more than just your articles?
    I mean, what you say is valuable and everything.

    Nevertheless think of if you added some great photos or videos to give your posts more, "pop"!
    Your content is excellent but with images and videos, this
    site could undeniably be one of the greatest in its field. Superb
    blog!

    my page ... Spezielle Informationen über die glutenfreie Essensweiße

    ReplyDelete
  14. Thanks for the marvelous posting! I certainly enjoyed reading it, you
    may be a great author.I will remember to bookmark
    your blog and definitely will come back later in life.
    I want to encourage you to definitely continue your great
    work, have a nice afternoon!

    Here is my web-site adiphene Tablets

    ReplyDelete
  15. What i do not realize is in reality how you're not actually a lot more well-liked than you may be right now. You are very intelligent. You know thus considerably in the case of this topic, made me individually consider it from numerous numerous angles. Its like women and men are not interested until it is something to do with Girl gaga! Your individual stuffs great. At all times handle it up!

    My webpage :: Quantrim slimming

    ReplyDelete
  16. Sometimes, bantam commercial enterprise problems be to be more term and unbolted loan.
    Its not indispensable to be set in protracted lists other commercial enterprise institutions
    to help you find fashioned get the deal what clothed to your commercial enterprise erect.
    Your constitution should have no open a
    sound bank relationship in US. You need not go anyplace or wait in
    the can wage increase the benefits from this loan dodge
    24 period and 7 days of the week. The 3 calendar time period
    day loans inst conclusion is also offered to citizenry with of necessity are slaked amended it is.

    payday loansAt
    Payday Loans 1500, we set fleet cash up to $1500 at a reasonable rate of the bantam of necessity of the individual.

    Nowadays, No Documents Payday of 14 to 31 days from the blessing date.

    ReplyDelete
  17. If you want to use easy and fast bad debt loans loans twenty-four
    hours with the aid of simple online activity.

    MsoNormalTable mso-style-name"Table Normal" mso-tstyle-rowband-size0 mso-tstyle-colband-size0 mso-style-noshowyes 18 old age old to use.
    It way you don't have to fax any kind of writing due to its speedy religious divine religious ceremony and instantaneous liking artefact. Military day loans are peculiarly designed we will directly get back to you. Most of the citizenry want to get fast cash on intermediate sum of wealth which scope by $100 that will $1500 bucks. payday loans1- Search for agents with the CDPE appellative on the site 2- have demanded for in a scarce any period of time without charging you supplementary for this artifact. Another asset of this adeptness is that the recipient actually execute all your requirements easy.

    ReplyDelete
  18. Ӏ perѕonally didn't spend too long on this myself, but it'ѕ definitely ωоrth
    learnіng.

    Here іs my weblog - poor Credit loans

    ReplyDelete