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 for the parliamentary government, it is recommended to activate the tariff law the end of this month, the lowest tariff rates of 5 percent which is similar to the proportion of the reconstruction of Iraq.

A member of the Committee's Hamoud Abbas (center news for the Iraqi Media Network) that "the economy, the parliamentary committee that can not initiate a new law instead of the tariff law, especially as the Committee can not delay the enactment of the new tariff law."

He explained that "the Iraqi government possible to do the tariff law to allocate 5 percent initial stage, the same percentage as Tsthsalha the 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.

It was scheduled to enter tariff law the new No. 22 of 2010 into effect in March 2011, but the increase of prices in the local markets in conjunction with the political crisis in the country at once without it, which declared him the Ministry of Finance on the postponement of a law tariff until the end of the year the current.

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