Food Prices Will Rise Significantly If Imports Of 21 Items Are Restricted - GAWU

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The General Agriculture Workers Union (GAWU) has voiced its apprehensions regarding the potential repercussions of the government's proposed import restrictions on 21 essential items. The union warns that the implementation of these restrictions could lead to a significant surge in food prices and potentially create artificial food shortages in the market.

Related To This: Government To Impose Import Restrictions on Rice, "Yemuadie" And Other Goods

Proposed Import Restrictions and Potential Ramifications

The government's initiative to seek parliamentary approval for import restrictions on 21 key items, including rice, poultry, oils, margarine, fruit juices, soft drinks, and various other essential goods, aims to curtail the influx of these products into the country. The policy is designed to address the swelling import bill and bolster the local manufacturing sector.

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GAWU's Cautionary Stance

Expressing concerns about potential fallout from the proposed restrictions, GAWU's General Secretary, Edward Kareweh, highlighted the indirect impact of existing government policies on domestic production. Kareweh emphasized that the cumulative effect of these policies could exacerbate the challenges faced by domestic industries. Notably, he drew attention to the "discounted benchmark value policy," implemented by the government since 2019, which is seen as having diminished domestic production capacity over the years.

Related To This: Minister Of Trade To Present Revised L.I On Restricted Importation Of 22 Items Today

Ramifications on Food Prices and Local Production

Kareweh's warning underscored the potential consequences of restricting imports while failing to adequately strengthen domestic production capabilities. He stressed that the absence of concerted support for local producers may result in a scenario where the shortfall caused by import restrictions is not effectively offset, thereby leading to an upsurge in prices due to the limited availability of essential goods.

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