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Recommendation to activate the law of the customs tariff by 5 percent
07/06/2012 2:35
BAGHDAD - Al Sabah Committee announced that the economy and investment representative for it recommended the government to activate tariff law the end of this month, the lowest rates of duty which is 5 percent similar to the proportion of the reconstruction of Iraq. said Committee member Abbas Hammoud's (Center news for the Iraqi Media Network) that "the Committee on Economics parliamentary You can not be initiate a new law instead of the tariff law, especially as the Commission can not new legislation disrupts the tariff law. " He explained that "the Iraqi government possible to do the tariff law to allocate 5 percent initial phase the same percentage as Tsthsalha government in the entry of goods to Iraq under paragraph reconstruction of Iraq. The Cabinet instructed last April to the Ministry of Finance to work tariff starting from the 30th of June now. and was scheduled to enter tariff law the new No. 22 of 2010 into effect in March 2011, but the increase of prices in the markets in conjunction with the local political crisis in the country at once without it, which announced the Ministry of Finance with the postponement of a law tariff until the end of this year.
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