MoCI Concludes Three-Day Workshop on Trade in Services
The Deputy Minister for Commerce & Trade Services at the Ministry of Commerce & Industry, Wilmot A. Reeves, says the African Continental Free Trade Area (AfCFTA) represents one of the most transformative economic initiatives undertaken on the African continent since the birth of the African Union.
Deputy Minister Reeves added that AfCFTA presents a historic opportunity to deepen intra-African trade, promote industrialization, facilitate investment flows, create jobs, and strengthen Africa’s position within the global economy.
Deputizing for Commerce & Industry Minister Magdalene E.Dagoseh, he said Liberia does not only see AfCFTA as a mere trade agreement, but a strategic instrument for economic diversification, private sector development, value addition, innovation, and inclusive growth.
Ministry of Commerce & Industry Sets Approved Price of Sachet Water Not Exceeding LD$85 Per Sack
The Ministry of Commerce & Industry (MOCI) wishes to inform the general public that it has successfully concluded a consultative meeting with the Liberia Water Producers Association (LWPA) regarding the recent increase in the price of sachet water on the Liberian market.
Following extensive discussions, the Ministry and the leadership of the LWPA have agreed that the approved and acceptable market price for a sack of sachet water shall not exceed Eighty-Five Liberian Dollars (LD$85.00).
LIBERIAN OWNERSHIP OF DISTRIBUTION COMPANIES
COMPLIANCE NOTICE TO MANUFACTURING COMPANIES AND DISTRIBUTORS OPERATING IN LIBERIA
The Ministry of Commerce and Industry (MOCI) wishes to inform all manufacturing companies and business establishments operating in Liberia that, in keeping with the Liberian Investment Act of 2010 and the Government's Liberianization Policy, all distribution activities connected to local manufacturing operations must be undertaken by duly registered Liberian-owned and Liberian-operated distribution companies.
LIBA CERTIFICATION REOUIREMENT FOR RESERVED SECTORS
MANDATORY LIBA CERTIFICATION FOR BUSINESSES OPERATING IN RESERVED SECTORS
The Ministry of Commerce and Industry (MOCI) wishes to inform all indigenous Liberian-owned businesses operating within sectors reserved exclusively for Liberians under the Liberian Investment Act of 2010 that new compliance measures are being introduced as part of the Government's enforcement of the Liberianization Policy.
RESERVED BUSINESSES EXCLUSIVELY FOR LIBERIANS
IMPLEMENTATION OF THE LIBERIANIZATION POLICY UNDER THE LIBERIAN INVESTMENT ACT OF 2010
The Ministry of Commerce and Industry (MOCI), on behalf of the Government of Liberia and under the leadership of the Presidential Committee on Price & Economic Contradiction chaired by the Vice President of the Republic of Liberia, wishes to inform the public that the Government has commenced the enforcement and implementation of the Liberianization Policy as provided for under the Liberian Investment Act of 2010.
