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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Trade economy issues clarification on raising customs tariff on Jordanian goods

    Rocky
    Rocky
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    goods - Trade economy issues clarification on raising customs tariff on Jordanian goods Empty Trade economy issues clarification on raising customs tariff on Jordanian goods

    Post by Rocky Sun 03 Feb 2019, 2:51 am

    [size=32]
    Trade economy issues clarification on raising customs tariff on Jordanian goods[/size]
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     2 hours ago




    The Ministry of Commerce revealed the benefits of the agreement signed between Iraq and Jordan to promote trade and economic cooperation between the two countries, noting that the agreement does not include raising customs tariffs on all goods entering Iraq.

    Prime Minister Adel Abdul Mahdi met with his Jordanian counterpart Omar al-Razzaz, in the presence of ministers and officials from both sides in the border region between Karama and Trebil, to announce a new phase of enhancing cooperation between the two brotherly countries in various fields.

    "The agreement will positively reflect the prosperity and prosperity of the Jordanian and Iraqi peoples because of its economic and commercial importance to both countries. The Jordanian government has decided to exempt Iraqi goods imported through the port of Aqaba from 75 percent of the fees charged by the region authority, The special economic obstacle, and therefore becomes the amount paid by the Iraqi importer is the proportion (25%) of handling fees.

    "The exemption of goods from the customs tariff does not include all goods and goods received in Iraq. The exempted list included goods that do not cause damage to the Iraqi industry and agriculture. The fees imposed on the goods manufactured in Iraq will also be maintained. 6 months based on studies provided by the competent authorities in Iraq on the need of the country for those goods or not.

    "The Jordanian side agreed to give preference to Iraqi agricultural goods to enter Jordan in the seasons where production of Jordan is limited to these commodities, and this is an opportunity for Iraqi farmers to increase production and export surplus to Jordan, and this has economic benefits is the multiplicity of resources to support Iraq's budget with money , Rather than its total reliance on oil. "

    The ministry said that "the agreement includes the establishment of a free industrial zone between the two countries. In this case, Iraq will benefit from obtaining customs exemptions for the goods and goods produced and the benefits of free trade agreements signed by the Hashemite Kingdom of Jordan with the countries of the world, thus facilitating the entry of goods into the world market, And the establishment of this region will contribute effectively to reduce the unemployment suffered by Iraq, and the agreement will help in the rapid entry of goods and goods between the two countries, which makes them maintain quality, rather than routine procedures that reduce the quality of waste As a result of the survival of the trucks borne for weeks in customs ports. "

    During the meeting, Jordan handed over 1,300 stolen antiquities stolen by Jordan after entering Jordan for smuggling purposes.


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