Iraq begins applying customs tariffs starting Thursday, Jan 2

Posted: December 31, 2013 in Iraqi Dinar/Politics
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The Interior Ministry announced, on Monday, that the imposition of customs duties on imported goods will be starting from the year 2014, and by no more than 20% of their value, indicating that the fees will be imposed on all border crossing points, including the Kurdistan region.

The interior ministry said, in a statement posted on the website of the Ministry of Interior, said that “the imposition of customs duties on imported goods will be starting from 2014, and by no more than 20% of its value in all border crossing points, including the Kurdistan region.”

The ministry said it was “prepared a list of goods covered by the decision and approved by the Council of Ministers,” noting that “the decision comes after the government announced Amadaha in the application of the customs tariff law gradually, according to a specific timetable, and stressed that the law will include some of the goods only.”

The Iraqi government announced earlier, for Amadaha application of the customs tariff law gradually according to a specific timetable, and stressed that the law will include some of the goods. The Minister of State for Parliamentary Affairs purity of net debt, said in his intervention before the parliament in (11 May 2013), “The Iraqi government the past to apply the law of customs tariff gradually according to a specific timetable,” and expressed fear the government, “the application of the law may result in an increase insane in the prices of food and goods, including income and does not fit the citizen. ”

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