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[size=36]Traders: Decision to re-import incoming as fire in the local market[/size]
Economy | 09:26 - 08/03/2020
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BAGHDAD - Mawazine News,
Iraqi traders warned of the "seriousness of the decision to cancel the ban on importing so-called American incoming cars into Iraq."
The merchants said, "Allowing the entry of so-called incoming cars will lead to dumping the local market with burning, scrap, sunken and dismantled cars and vehicles that have been subjected to serious accidents, and all these negatives are hidden in the local factories in neighboring countries."
And merchants pointed out that "vehicles with industrial defects need a lot of money to rehabilitate in addition to that they are not safe to use as well."
Iraq is considered one of the first countries to import damaged cars from the United States of America due to the low prices, as these cars are subject to maintenance in the country of origin or in Jordan or the United Arab Emirates before entering Iraq.
Damaged cars, or what is known as the "American Import" term, are vehicles that have been subjected to traffic accidents or drowned by floods in the country of origin, and are sold at low prices compared to the same models of sound vehicles.
Iraqi traders warned of the "seriousness of the decision to cancel the ban on importing so-called American incoming cars into Iraq."
The merchants said, "Allowing the entry of so-called incoming cars will lead to dumping the local market with burning, scrap, sunken and dismantled cars and vehicles that have been subjected to serious accidents, and all these negatives are hidden in the local factories in neighboring countries."
And merchants pointed out that "vehicles with industrial defects need a lot of money to rehabilitate in addition to that they are not safe to use as well."
Iraq is considered one of the first countries to import damaged cars from the United States of America due to the low prices, as these cars are subject to maintenance in the country of origin or in Jordan or the United Arab Emirates before entering Iraq.
Damaged cars, or what is known as the "American Import" term, are vehicles that have been subjected to traffic accidents or drowned by floods in the country of origin, and are sold at low prices compared to the same models of sound vehicles.
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