President Ellen Johnson Sirleaf
Pres. Sirleaf Seeks Passage Of Agric Commodity Regulatory Act
By Hilary Vasco Wiagbe, LINA
MONROVIA, May 12(LINA) -A Bill seeking the establishment of the Liberia Agriculture Commodity Regulatory Authority (LACRA), replacing the Liberian Produce Marketing Corporation (LPMC), has been sent to the House of Representatives for enactment into Law.
The Bill is entitled “An Act to repeal Chapter 57, Title 12 of the Executive Law of the Liberian Code of Law Revised 1973, to establish a new Chapter 57, Title 12 to be known as the Liberia Agriculture Commodity Regulatory Authority,” President Ellen Johnson Sirleaf said in a letter to House Speaker J. Alex Tyler.
The letter also quotes President Sirleaf as saying: “The bill puts into place legal mechanisms for the establishment of a viable semi-autonomous agency known as the Liberia Agriculture Commodity Regulatory Authority which replaces the Liberian Marketing Produce Corporation, an entity which is funded through the budget process.”
She noted that when passed into law, it will allow for economic growth and increased production, processing and marketing of high quality commodities from Liberia, particularly cocoa, coffee, oil palm and other agricultural produce on the local and international markets.
The Liberian leader added that when passed into law, the instrument should also help to eliminate the exportation of sub-standard commodities from Liberia in international trade.
The communication which was dated May 8, 2015 and read May 12 in Session, was forwarded to the House Committees on Agriculture and Judiciary for scrutiny to report in two weeks.