Cabinet to take a decision in favor of the local product protection

Tuesday February 3, 2015 17:30


Twilight News / Iraqi Council of Ministers decided in its regular Tuesday imposing customs duties on imported goods that produce those locally.

alt The decision to protect the local product after domestic producers complained of their inability to compete with imported goods as a result of the cheap prices compared to local products.

A statement by the Prime Minister's Office Haider Abadi, reportedly for "Twilight News" that the Council of Ministers approved in its fifth meeting of the 2015 recommendation of the Committee on Economic Affairs on the inclusion of goods and materials imported all Product those of the Iraqi public companies and mixed private and all the law of customs tariff number (22) for the year 2010 .

The open domestic markets to imported goods after the lifting of the blockade on Iraq in 2003 flooded the local market of imported goods, which led to a decline in domestic production widely.

Local producers say they can not compete with imported goods due to high domestic production costs compared to prices of cheap goods coming from outside Iraq.

Over the years, local producers demanded that controls for the protection of the local product, including the imposition of customs duties on imported goods or ban those that produce goods in the country to ensure that local factories stopped and also enable farmers to sell their products.

Iraq is trying to revive industry and agriculture after long years of war and siege, which Onheca infrastructure in various sectors.

According to a statement Abadi Office of the Council of Ministers approved an amendment to paragraph (4) of the Council of Ministers Resolution No. (223) for the year 2013, to become the following formula: (allows for ministries and agencies contracted to bring goods to Iraq, that the competent minister offers or authorized agents The ministry pledged to provide the certificate of origin during the period of (90) days from the introduction).


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