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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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"Complications" prevent European goods from reaching the Iraqi market

rocky
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"Complications" prevent European goods from reaching the Iraqi market Empty "Complications" prevent European goods from reaching the Iraqi market

Post by rocky Thu 24 Nov 2022, 6:00 am

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[size=52]"Complications" prevent European goods from reaching the Iraqi market[/size]

[size=45]Baghdad / Saif Al-Hur[/size]
[size=45]For years, Iraq imported Chinese and Iranian goods in a large way, until they invaded the markets and became common use by Iraqi citizens.. Specialists revealed the reasons why merchants turned to these goods and left the discreet European goods, amid calls for increased control over imported goods.[/size]
[size=45]In this regard, the deputy of the Baghdad Chamber of Commerce, Hassan Al-Sheikh, indicated that the prices of European Union goods are very high for merchants, in addition to the difficulty of obtaining entry visas for those countries.[/size]
[size=45]Al-Sheikh said in an interview with (Al-Mada), that “there is also difficulty in shipping, remittances, and access to exhibitions for European countries, and these are all factors that hinder merchants from going to Europe.”[/size]
[size=45]He added, "Asian countries facilitate the movement of trade in order to compete with European countries, while the latter impose complex conditions that make trade with them useless."[/size]
[size=45]For his part, Member of Parliament Muhammad Al-Baldawi stressed that the issue of importing goods follows the prices and the importer, and today Chinese goods are dominant in Europe, but the process of bringing and importing these goods must be subject to clear authority, even if today part of these goods is of simple quality.[/size]
[size=45]Al-Baldawi said in an exclusive interview with (Al-Mada) that “there is no objection to the entry of these goods, but the prices in European origins are very high, and there is a tendency to support importers to meet the needs of the market, especially the poor classes, and to bring materials and commodities whose prices are low at the expense of quality.”[/size]
[size=45]In addition, the economist, Malath Al-Amin, explained, “The merchants’ orientation is always towards entities and goods that bring them great profits, regardless of quality and sobriety.”[/size]
[size=45]Al-Amin said, in an interview with (Al-Mada), that “these cheap goods have affected the local industry, whose price is more expensive than the imported one, and therefore citizens are reluctant to acquire local needs, and the trend is towards cheap goods.”[/size]
[size=45]He pointed out that "the quality control measures of the Ministry of Planning did not take its full role in this field, which made Iraq a permissible market for all products, whether permitted or not."[/size]
[size=45]And the appearance of Muhammad Salih, the financial advisor to the Prime Minister, had confirmed on (December 14, 2021) that foreign trade in Iraq had adopted the so-called open door policy, which increased the problems of commodity dumping from the products of countries that support their exports to Iraq on a large scale. , in order to be traded at the lowest prices in the markets, so the victim of that widespread commercial liberalization was the suppression of handicrafts, starting with the manufacture of shoes and school bags, and ending with various furnishings and furniture and even many building requirements and other articulations of professions and their local products.[/size]
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