MONROVIA, LIBERIA-The Minister of Commerce and Industry has reaffirmed the Government of Liberia’s strong commitment to the full enforcement of the 2010 Investment Code.
The Code reserves several business activities exclusively for Liberian citizens as a means of promoting local participation in the economy.
Minister Magdalene Dagoseh said,” Strict implementation of the law is essential to ensuring that Liberians play a more active and meaningful role in the national economy”.
She notes that President Joseph Boakai has already demonstrated the political will to ensure the rigid enforcement of the Investment Code.
According to Minister Dagoseh, the Ministry of Commerce remains resolute and will not hesitate to shut down any foreign-owned business found violating the law.
She emphasized that upholding the Investment Code is key to guaranteeing fairness and equal opportunity for all participants in Liberia’s economy.
At the same time, the commerce minister has issued a stern warning that any store found selling expired goods will be shut down permanently.
Minister Dagoseh said,” The move is aimed at protecting consumers and ensuring public safety across the country”.
She stressed that the ministry is deliberate and proactive in taking critical steps to safeguard the market.
Minister Dagoseh disclosed that the ministry’s Inspectorate Division is being strengthened to enhance inspection efforts nationwide.
The commerce minister emphasized that the Inspectorate remains resolute in clamping down on the sale of expired goods on the Liberian market.
