Trade shows the benefits of the agreement with Jordan and the customs exemption of its goods[/rtl]
[rtl]Editorial date: 2019/2/3 9:18 • 187 times read[/rtl]
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 on Saturday in the presence of ministers and officials from both sides in the border area between Karama and Trebil to announce a new phase of boosting 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 the two countries. The Jordanian government decided to exempt the imported Iraqi goods through the port of Aqaba from 75% of the fees," the trade said in a statement received by the Euphrates News Agency. Which is charged by the Aqaba Special Economic Zone Authority, and thus the amount paid by the Iraqi importer is 25% of the handling fees.
"The exemption of goods from customs tariff does not include all goods and goods received in Iraq. The exempted list included goods that do not cause damage to the local Iraqi industry and agriculture. The duties imposed on goods manufactured in Iraq will also be maintained, Every six 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 commodities to enter Jordan in the seasons where production of Jordan is limited to these commodities. This is an opportunity for Iraqi farmers to increase production and export surplus to Jordan. This has economic benefits, With money, rather than its total dependence on oil. "
"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 it produces and the benefits of the 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 keeps them quality, rather than routine procedures that reduce the quality of goods, as a result The trucks that you carry for weeks stay in the customs outlets. "
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