Iraq prohibits the import of locally manufactured products 6 months

by **Rocky** Wed 24 Jan 2018, 4:36 am

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Iraq prohibits the import of locally manufactured products 6 months

by Rocky Wed 24 Jan 2018, 4:36 am

Iraq prohibits the import of locally manufactured products 6 months
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Meeting of the Ministerial Committee on Economic Affairs of Iraq 24 January 2018 01:08 PM

Direct : Economic Affairs Committee of Ministers of Iraq has decided to prevent the import of locally manufactured products for 6 months for the purpose of the national product protection and promotion of the Iraqi economy.
The Ministry of Commerce said that the ministerial committee decided to form a committee to identify products manufactured locally and cover the need of the Iraqi market, to issue a decision to prevent the import of those materials, and be reviewed later.
The committee is composed of representatives of the Ministries of Trade and Planning, Industry and Minerals, the General Secretariat of the Council of Ministers, the National Investment Authority and the Federation of Iraqi Industries, representatives of the mixed sector and the Federation of Iraqi Chambers of Commerce.
In the same context, called the Committee on Economic Affairs Ministerial, to resolve the fate of investment licenses granted through it, or investment bodies in the provinces, in coordination with the Ministry of Industry and Minerals, pointing to the need to obtain the opinion of the ministries of oil and industry and minerals before the start of granting investment licenses.
She added that the Committee decided to move towards granting licenses to invest in the cement industry, relying on the "gas producer" instead of "black oil", in contrast; black oil is used in the production of bricks with the coefficient of public and private sectors.
[You must be registered and logged in to see this link.] launch of [You must be registered and logged in to see this link.] will be presented [You must be registered and logged in to see this link.] , scheduled to be held in Kuwait, [You must be registered and logged in to see this link.].
Among these projects is a project to rehabilitate the fertilizer plant in Baiji, to implement new production lines for the production of 500 tons per year of urea fertilizers, with an expected capital of $ 500 million.
The statement referred to the decision of the Ministerial Committee on the establishment of the Border Ports Authority to submit a report on the reality of work ports and problems and obstacles and solutions that contribute to the work of the Commission, pointing to the Commission's emphasis on the control of procedures to impose customs duties.
[You must be registered and logged in to see this link.] , unless the contract provides for the exporter to bear such fees .
The "Iraqi ministers", that the decision includes goods for ministries of education, health, trade, agriculture, reconstruction and housing, based on investment contracts included in the [You must be registered and logged in to see this link.].
And the middle of last November; [You must be registered and logged in to see this link.]and the draft law of the first amendment to the Integrity Commission Law No. 30 of 2011.
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