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[size=45][size=41]Adviser to the Prime Minister presents two proposals to ensure the stability of the national market[/size]
[You must be registered and logged in to see this link.]21 hours ago
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Today, Thursday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, put forward two proposals to ensure the stability of the national market, while indicating that small businesses need time to adapt to the new financing mechanism.
Saleh said to the official agency, followed by (Al-Oula News): “The results of small trades constitute about 70% of the total import units to the Iraqi market, as they deal with highly diversified specialized trade clauses, and these trades previously directed their requests through parallel financing tasks undertaken by exchange companies and with the mediation of a merchant.” Big".
He added, “Therefore, the adaptation of small trade and its direct entry into the world of foreign trade at once is an issue that needs time to adapt to the use of new financing mechanisms based on opening (facilitated) documentary credits, which requires only the submission of minimal documents, including freezing a license. Importing and being satisfied with the identity of the Chamber of Commerce as a natural person instead of a commercial company as a legal person, which are requirements that were previously imposed, in addition to the customs and tax collection facilities.
Saleh continued, "Nevertheless, it is inevitable for the state to enter as a large trader at the present time to help balance the market with the goods supplied at the official exchange rate of 1450 dinars per dollar, in addition to allowing cooperatives of all kinds to enter the import trade as an additional pattern that helps the stability of the national market in general and the exchange market in general." in particular.”
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]21 hours ago
[/size]
[You must be registered and logged in to see this link.]
Today, Thursday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, put forward two proposals to ensure the stability of the national market, while indicating that small businesses need time to adapt to the new financing mechanism.
Saleh said to the official agency, followed by (Al-Oula News): “The results of small trades constitute about 70% of the total import units to the Iraqi market, as they deal with highly diversified specialized trade clauses, and these trades previously directed their requests through parallel financing tasks undertaken by exchange companies and with the mediation of a merchant.” Big".
He added, “Therefore, the adaptation of small trade and its direct entry into the world of foreign trade at once is an issue that needs time to adapt to the use of new financing mechanisms based on opening (facilitated) documentary credits, which requires only the submission of minimal documents, including freezing a license. Importing and being satisfied with the identity of the Chamber of Commerce as a natural person instead of a commercial company as a legal person, which are requirements that were previously imposed, in addition to the customs and tax collection facilities.
Saleh continued, "Nevertheless, it is inevitable for the state to enter as a large trader at the present time to help balance the market with the goods supplied at the official exchange rate of 1450 dinars per dollar, in addition to allowing cooperatives of all kinds to enter the import trade as an additional pattern that helps the stability of the national market in general and the exchange market in general." in particular.”
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