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[size=36]Iraqi merchants warn against smuggling hard currency in a formal way[/size]
Economy | 11:24 - 02/05/2020
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Baghdad - Mawazine News
warned car dealers in Iraq of the "danger of reconsidering importing damaged cars from abroad into the country."
Merchants said in a unified statement to them received / Mawazine News / a copy of it, "" The request of the Baghdad Chamber of Commerce for the government to re-implement Resolution No. 145, which states that permitting the entry of damaged cars, which are called "incoming" will lead to flooding the Iraqi market with cars with low efficiency and invalid For human use, as the damage was proven in the countries that issued it and it is very large.
And among the merchants in their statement also that "border crossings also commit violations by entering cars used in the country and this gives them greater legitimacy," asking whether there is a country in the world that allows this thing that destroys the economy.
Traders pointed out that "the implementation of this decision will lead to the depletion of hard currency from the country and its smuggling abroad in an official way, especially at the current time in which Iraq and the countries of the world are witnessing the crises of low crude oil prices and the new Corona virus."
Merchants called on the government not to implement the decision to allow the import of American and Canadian imports, as it will lead to a great loss to the auto trade market in Iraq, pointing out that “the introduction of damaged cars and significantly causes accidents, especially with the infrastructure system.”
Traders also monitor other negative effects. The citizen and the economy of the country as a result of flooding the Iraqi market with these types of cars, the most prominent of which are:
- An increase in fuel consumption
- An increase in the consumption of spare parts
- Waste of hard currency
- Causing deadly traffic accidents for the passengers of those vehicles
- These cars lack durability and safety because they cannot be applied to the Iraqi standard specifications number 2315 of 2015
- they cause environmental pollution due to fuel emissions as they are used and worn out vehicles.
It is worth mentioning that the President of the Baghdad Chamber of Commerce Firas Rasul Jaafar has addressed the Prime Minister and the Minister of Commerce to cancel Resolution No. 435 on (4/24-2018) and re-implement Resolution 145 which stipulated permitting entry of damaged cars before repairing them and extending permission to enter the 2018 model cars until the end of This year instead of (31-8-2020). "
In turn, the Ministry of Industry and Minerals, the Council of Ministers / Economic Affairs Committee has also addressed letter No. 7616 on 4/2/2019 regarding the introduction of used cars (damaged and undamaged) as it generates negative effects on the national industry represented by cars collected by the General Company for the manufacture of cars and equipment and demands By curbing the import of so-called American imports. ”End 29
warned car dealers in Iraq of the "danger of reconsidering importing damaged cars from abroad into the country."
Merchants said in a unified statement to them received / Mawazine News / a copy of it, "" The request of the Baghdad Chamber of Commerce for the government to re-implement Resolution No. 145, which states that permitting the entry of damaged cars, which are called "incoming" will lead to flooding the Iraqi market with cars with low efficiency and invalid For human use, as the damage was proven in the countries that issued it and it is very large.
And among the merchants in their statement also that "border crossings also commit violations by entering cars used in the country and this gives them greater legitimacy," asking whether there is a country in the world that allows this thing that destroys the economy.
Traders pointed out that "the implementation of this decision will lead to the depletion of hard currency from the country and its smuggling abroad in an official way, especially at the current time in which Iraq and the countries of the world are witnessing the crises of low crude oil prices and the new Corona virus."
Merchants called on the government not to implement the decision to allow the import of American and Canadian imports, as it will lead to a great loss to the auto trade market in Iraq, pointing out that “the introduction of damaged cars and significantly causes accidents, especially with the infrastructure system.”
Traders also monitor other negative effects. The citizen and the economy of the country as a result of flooding the Iraqi market with these types of cars, the most prominent of which are:
- An increase in fuel consumption
- An increase in the consumption of spare parts
- Waste of hard currency
- Causing deadly traffic accidents for the passengers of those vehicles
- These cars lack durability and safety because they cannot be applied to the Iraqi standard specifications number 2315 of 2015
- they cause environmental pollution due to fuel emissions as they are used and worn out vehicles.
It is worth mentioning that the President of the Baghdad Chamber of Commerce Firas Rasul Jaafar has addressed the Prime Minister and the Minister of Commerce to cancel Resolution No. 435 on (4/24-2018) and re-implement Resolution 145 which stipulated permitting entry of damaged cars before repairing them and extending permission to enter the 2018 model cars until the end of This year instead of (31-8-2020). "
In turn, the Ministry of Industry and Minerals, the Council of Ministers / Economic Affairs Committee has also addressed letter No. 7616 on 4/2/2019 regarding the introduction of used cars (damaged and undamaged) as it generates negative effects on the national industry represented by cars collected by the General Company for the manufacture of cars and equipment and demands By curbing the import of so-called American imports. ”End 29
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