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Decline in trade in Munthareya by 50% because of customs duties
MONDAY, 20 DECEMBER / 2 JANUARY 2014 16:03
Twilight News / administration confirmed Monday Khanaqin low trade volume by up to 50% in Munthareya because of the imposition of customs duties on imported goods as well as the decline of religious flocked convoys coming from Iran through the port.
altAnd proceeded to Iraq earlier this year by applying the tariff law passed by the House in 2010.
The government said the new law imposes a tariff rate of not more than 20% on luxury goods without effect on food and essential in order to avoid higher prices.
The head of the local council of Khanaqin Samir Mohammed Noor for "Twilight News" that the tariff decision hasty and ill-advised because of the lack of support for the local product and its inability to compete with the imported product is the reason for the reluctance of traders trade across Munthareya significantly.
The application of the law has met with objections and protests by truckers near Munthareya earlier this month.
Prior to the application of the new law was Iraq imposes customs duties by 5% on all imported goods pursuant to a decision by the U.S. civil administrator Paul Bremer.
The light that tariffs caused a substantial rise in the prices of goods and various materials and significant damage to the lower and middle classes of the Iraqi society, saying the decision step is successful citizen will pay the price.
He pointed to a decline in the influx of religious convoys for the purpose of religious tourism across Mundhiriyah since the incident targeting Iranian workers in the area in front of Lewis in the month of December last year.
Nour said that the province does not know the size of imports crossing, calling for the allocation ratio of imports to Khanaqin, Diyala province, and in particular for what ails the lack of a service and urban by the local government of Diyala.
The crossing is located north Mundhiriyah Khanaqin in Diyala province, is an important conduit for trade between Iraq and Iran, which exceeds the volume of trade exchange between them 12 billion dollars annually.
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MONDAY, 20 DECEMBER / 2 JANUARY 2014 16:03
Twilight News / administration confirmed Monday Khanaqin low trade volume by up to 50% in Munthareya because of the imposition of customs duties on imported goods as well as the decline of religious flocked convoys coming from Iran through the port.
altAnd proceeded to Iraq earlier this year by applying the tariff law passed by the House in 2010.
The government said the new law imposes a tariff rate of not more than 20% on luxury goods without effect on food and essential in order to avoid higher prices.
The head of the local council of Khanaqin Samir Mohammed Noor for "Twilight News" that the tariff decision hasty and ill-advised because of the lack of support for the local product and its inability to compete with the imported product is the reason for the reluctance of traders trade across Munthareya significantly.
The application of the law has met with objections and protests by truckers near Munthareya earlier this month.
Prior to the application of the new law was Iraq imposes customs duties by 5% on all imported goods pursuant to a decision by the U.S. civil administrator Paul Bremer.
The light that tariffs caused a substantial rise in the prices of goods and various materials and significant damage to the lower and middle classes of the Iraqi society, saying the decision step is successful citizen will pay the price.
He pointed to a decline in the influx of religious convoys for the purpose of religious tourism across Mundhiriyah since the incident targeting Iranian workers in the area in front of Lewis in the month of December last year.
Nour said that the province does not know the size of imports crossing, calling for the allocation ratio of imports to Khanaqin, Diyala province, and in particular for what ails the lack of a service and urban by the local government of Diyala.
The crossing is located north Mundhiriyah Khanaqin in Diyala province, is an important conduit for trade between Iraq and Iran, which exceeds the volume of trade exchange between them 12 billion dollars annually.
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