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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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    The "electronic platform" removed Iraq from the list of Turkish "major importers" last January

    Rocky
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    The "electronic platform" removed Iraq from the list of Turkish "major importers" last January Empty The "electronic platform" removed Iraq from the list of Turkish "major importers" last January

    Post by Rocky Tue 28 Feb 2023, 5:22 am

    The "electronic platform" removed Iraq from the list of Turkish "major importers" last January



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    2023-02-28 03:01
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    Shafaq News/ The Turkish Statistics Authority announced that Iraq left Turkey as one of the major importers in January 2023, while a merchant attributed this to the bank's instructions to raise the transfer value of foreign remittances.
    In a report seen by Shafaq News agency, the authority indicated that Iraq left the list of the top five importers from Turkey during last January, after last year it occupied the fourth largest importer from Turkey.



    The authority added; Germany ranked first as the largest importer from Turkey with a value of 1 billion and 826 million dollars, followed by the United States of America second with 1 billion and 186 million dollars, then Russia third with 1 billion and 43 million dollars, and the United Kingdom came fourth with 954 million dollars. and Italy fifth, with $916 million,” indicating that “the proportion of the first five countries in total exports amounted to 30.6% in January 2023.”
    A merchant selling Turkish clothes, Haider Al-Hassani, said in an interview with Shafaq News agency; "The difficulties and strict instructions by the Central Bank for foreign remittances have led to a decrease in the import process," noting that "the value of the dollar transfer has increased by 10 times from what it was previously."
    And he continued, "The Central Bank currently deducts 400 dollars and sometimes more for every 10 thousand dollars that are transferred abroad for the purpose of import, after it was previously deducting up to 40 dollars for every 10 thousand dollars," expecting that "the purpose of this is the bank's attempt to reduce the exit of foreign currency abroad." ".
    The merchant added; That "the bank wants all merchants to establish companies for the purpose of importing on a regular basis," indicating that "it is difficult to establish such companies that need a large capital and people working for them from two legal and financial accountants, and that these companies be subject to tax."
    He stressed that "what the trader gets in terms of profits are few, and the goods cannot be loaded with large amounts due to the presence of great competition in the market, and therefore the taxation of these companies means that the goods that are imported will be lost."
    Iraq imports most of the commodities, goods and foodstuffs from neighboring countries, especially Turkey and Iran, and to a lesser extent from the Arab Gulf countries and Jordan.
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