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[rtl]Date of release:: 2017/12/13 9:34 • 119 times read[/rtl]
{International: Euphrates News} is expected to enter the Iraqi government's decision to exempt 340 Jordanian goods from customs duties to take effect early next year 2018.
Jordanian officials hope the list of exempted goods will expand next year, based on an agreement between the two governments that allows for a review every three months.
The Minister of Industry, Trade and Supply, Yarub al-Qudah, said that the Iraqi government exempted 340 of the 750 Jordanian students from customs duties.
The judges said that "the government, in agreement with the Iraqi side, will reconsider every three months the list of goods exempted to increase to include a greater number of national goods
The judges pointed out that the decision of the Iraqi side will increase the competitiveness of the industrial sector in Jordan, and ease the burden on Jordanian exports to Iraq .
In the same context, he predicted the Jordan Chamber of industry Director Dr. Maher burned to enter the Iraqi government 's decision to exempt hundreds of Jordanian item from customs duties early next year.
Al-Mahrouq said in a press statement that the recent meeting of the Jordanian-Iraqi Business Council and Prime Minister Hani al-Mulqi's recent visit to Iraq had a positive effect on the Iraqi side's decision to exempt Jordanian goods from customs duties when entering the Iraqi market.
The Mahrook that a technical committee by the Iraqi side, conducted a study, mid-year of some Jordanian goods, and came out with its decision on the list of goods exempted Jordan.
He expressed hope that the rest of the list, which was provided to the Iraqi side in the customs exemptions during the next year.
He stressed that the decision of the Iraqi side will have a significant positive impact on the Jordanian industrial sector and increase the competitiveness of Jordanian product in foreign markets.
The Iraqi authorities imposed, months ago, a 30% tax on commodity imports, in order to protect the Iraqi national product, and to address the dumping of foreign goods to the Iraqi markets.
Iraqi imports from Jordan have shrunk by 40 percent over the past two years due to the closure of the border crossings between the two countries after the terrorist attack on areas adjacent to the Jordanian border in mid-2015.
For his part, Jordanian Industry Minister Adnan Abu Ragheb said that the Iraqi government exempted more than 300 commodities Jordanian intervention in the Iraqi market of customs duties.
Abu Ragheb said that the Chamber will follow up with the Iraqi side to obtain the rest of the lists of goods to be exempt from customs duties, considering that the Iraqi market is a promising market in front of Jordanian products and industries.
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[/rtl]
Iraq exempts 340 Jordanian goods from customs in early 2018
[/rtl][rtl]Date of release:: 2017/12/13 9:34 • 119 times read[/rtl]
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[rtl]{International: Euphrates News} is expected to enter the Iraqi government's decision to exempt 340 Jordanian goods from customs duties to take effect early next year 2018.
Jordanian officials hope the list of exempted goods will expand next year, based on an agreement between the two governments that allows for a review every three months.
The Minister of Industry, Trade and Supply, Yarub al-Qudah, said that the Iraqi government exempted 340 of the 750 Jordanian students from customs duties.
The judges said that "the government, in agreement with the Iraqi side, will reconsider every three months the list of goods exempted to increase to include a greater number of national goods
The judges pointed out that the decision of the Iraqi side will increase the competitiveness of the industrial sector in Jordan, and ease the burden on Jordanian exports to Iraq .
In the same context, he predicted the Jordan Chamber of industry Director Dr. Maher burned to enter the Iraqi government 's decision to exempt hundreds of Jordanian item from customs duties early next year.
Al-Mahrouq said in a press statement that the recent meeting of the Jordanian-Iraqi Business Council and Prime Minister Hani al-Mulqi's recent visit to Iraq had a positive effect on the Iraqi side's decision to exempt Jordanian goods from customs duties when entering the Iraqi market.
The Mahrook that a technical committee by the Iraqi side, conducted a study, mid-year of some Jordanian goods, and came out with its decision on the list of goods exempted Jordan.
He expressed hope that the rest of the list, which was provided to the Iraqi side in the customs exemptions during the next year.
He stressed that the decision of the Iraqi side will have a significant positive impact on the Jordanian industrial sector and increase the competitiveness of Jordanian product in foreign markets.
The Iraqi authorities imposed, months ago, a 30% tax on commodity imports, in order to protect the Iraqi national product, and to address the dumping of foreign goods to the Iraqi markets.
Iraqi imports from Jordan have shrunk by 40 percent over the past two years due to the closure of the border crossings between the two countries after the terrorist attack on areas adjacent to the Jordanian border in mid-2015.
For his part, Jordanian Industry Minister Adnan Abu Ragheb said that the Iraqi government exempted more than 300 commodities Jordanian intervention in the Iraqi market of customs duties.
Abu Ragheb said that the Chamber will follow up with the Iraqi side to obtain the rest of the lists of goods to be exempt from customs duties, considering that the Iraqi market is a promising market in front of Jordanian products and industries.
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[/rtl]
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