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Minister of Industry, Investment and Commerce, Karl Samuda, has said that stakeholders within the scrap metal industry have welcomed the new regulations to monitor and regulate the trade, which were tabled in the House of Representatives recently.
“The genuine players are not seen as being part of a ‘bandoloo’ industry, so they welcome it at all levels. We have had no complaints at any level within the industry. Nobody is saying they can’t ship, they can’t pack or anything of the kind,” Mr. Samuda said at the (Nov. 13), post-Cabinet press briefing at Jamaica House. The Industry Minister noted that the theft of scrap metal has subsided considerably with the introduction of the new guidelines.
The Trade (Scrap Metal) Regulations 2007, which will monitor and regulate the country’s scrap metal trade, were tabled in the House of Representatives on November 6.
The provisions under the Regulations include, among other things, fines and penalties for breaches; the licensing of legitimate traders; the introduction of inspectors to monitor the transporting of scrap metal; and the issuing of export licences based on on-site inspection of the loading of containers by the Jamaica Customs officers.
Scrap metal was removed from the list of items requiring an export licence in 1992, but based on recent developments, such as the report of million-dollar losses as a result of the theft of valuable metals such as telecommunication bridges, manhole covers, railway lines, power lines and conveyors systems, it became necessary to again regulate the sector.