Trade exchange between the Kurdistan Region and the countries of the world: about 16 billion

[size=52]Trade exchange between the Kurdistan Region and the countries of the world: about 16 billion[/size]

[size=45]The volume of trade exchange between the Kurdistan Region and the countries of the world reached about $16 billion during 2021.[/size]
[size=45]Mustafa Sheikh Abdul Rahman, head of the Union of Importers and Exporters in Kurdistan Region, said in an interview with Shafaq News Agency; "Traders import daily through crossings between the Kurdistan Region of Iraq, Iran, and Turkey," explaining that "the volume of trade exchange between the region and the countries of the world has reached about 16 billion dollars, since the beginning of last year."[/size]
[size=45]Sheikh Abdul Rahman added; The largest volume of trade exchange was with Turkey and Iran in general for the provinces of the region, as for the province of Sulaymaniyah, it was with Iran more due to the proximity of the Islamic Republic of Iran to Sulaymaniyah and the presence of many border crossings between the province and Iran.[/size]
[size=45]Regarding the commercial movement during the past year, Sheikh Mustafa confirmed that “the year 2021 witnessed a good commercial movement compared to previous years due to the stability of the health situation after the Corona pandemic invaded the countries of the world, including the Kurdistan Region.”[/size]
[size=45]While referring to “the impact of the dollar’s ​​price hike on the commercial movement in the region at the beginning of its approval by the federal government on the commercial movement, but after the stability of its price in the markets, the effect began to fade.”[/size]
[size=45]And on the reasons for the increase in the percentage of taxes and fees on imported materials, between Sheikh Mustafa; The unification of customs duties and tariffs between Baghdad and Erbil caused a high rate of duties and taxes on imported goods.[/size]
[size=45]He pointed out that "the prices of some commodities whose fees increased in the exporting countries, such as flour imported from Iran and Turkey, the rates of fees on them increased in those countries due to the high prices of them to raid them, which led to a rise in the customs tariff on flour in the ports of Kurdistan."[/size]
[size=45]As for the rise in fees and customs tariffs for “chlorine”, he indicated that he did not know the details and rates of high fees, but that “the rise in prices in the source countries, as well as the unification of customs tariffs between Baghdad and Erbil affected the rise in fees and taxes at the ports of the region,” calling on the relevant authorities. To further facilitate the tasks of traders to import materials and supplies through the ports of the Kurdistan Region with neighboring countries.[/size]
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