Parliament of Sierra Leone has on Thursday 8 December, 2022 debated and ratified four trade investment agreements.
The following agreements were ratified by Parliament:
1. Agreement between the Government of Sierra Leone and Randlyn Cement industry limited (RANDCEM) dated September 2022
2. Agreement between the Government of Sierra Leone and ROCKCEM (SL) LTD dated September 2022.
3. Agreement between the Government of Sierra Leone and SOL CO(SL) LTD dated September 2022 and
4. Agreement between the Government of Sierra Leone and Goldtree (SL) LTD dated June 2021.
The four trade investment agreements were presented by the Minister of Trade and Industrial, Dr. Hinga Sandi. During his presentation, the Minister highlighted the huge benefit the country would benefit and went further to inform Parliament that the agreements were worth millions of dollars in investments. He said the agreements are geared toward the production and exportation of cement and oil palm.
MPs who contributed to the ratification of the trade agreements commended the minister and his team and acknowledged the huge benefits the agreements would bring to the socio-economic development of the State.
Both Acting Leaders of the House Hon. Hassan Sesay and Hon. Bashiru Silikie commended the agreements and advised the ways and manners in which trade and investment would improve the economy of the State and went further to question previous agreements that need a parliamentary update.
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