The approval to the ban was endorsed by the Cabinet, saying that the move would help in curbing the rising incidents of thefts of state assets and infrastructure.
SEATTLE (Scrap Monster): The Trinidad & Tobago administration has decided to go ahead with the proposed temporary ban on scrap metal exports, despite opposition from various dealers’ associations. The approval to the ban was endorsed by the Cabinet, saying that the move would help in curbing the rising incidents of thefts of state assets and infrastructure.
RELATED NEWS:
South Africa Proposed Interim Ban on Scrap Metal Exports
Minister Urges Ban on Scrap Metal to Thwart Thefts
In a media conference, Attorney General Reginald Armour indicated that the ban has come into force last Friday (12th August) and will be in effect until 23rd February, 2023. The violation of the ban will attract fines and imprisonment. Although the ban is initially proposed for a period of six months, a review will be conducted at the end of three months, which in turn will provide recommendations on possible amendments to the best interest of the scrap metal industry in the country, Armour added.
The order prohibits exportation of all old metal, except licensed old metals which are byproducts of manufacturing goods or surplus material that cannot be used in the manufacturing process. The licenses will be granted by the Trade Ministry and will be reviewed by the Cabinet sub-committee. Furthermore, the order provides clear definitions for old metal and scrap metal.
Image and article originally from www.scrapmonster.com. Read the original article here.