: the application of tariff law next year

by day dreamer Wed Jun 12, 2013 12:42 am

day dreamer: Interacting Investor; Posts : 3197
Join date : 2012-12-19

Post n°1

: the application of tariff law next year

by day dreamer Wed Jun 12, 2013 12:42 am

Parliamentary economy: the application of tariff law next year

12/06/2013 12:00 AM

Proposed
development fees in a fund to support local product
Baghdad,
Omar Abdel-Latif
Commission
announced the economy and investment parliamentary intention to push for the
application of customs law next year after he proposed to collect the fees
collected from this tariff in a special fund that supports local
production.
The
House of Representatives has ended in the 26th session, which was held in
September of last year, the first reading to amend the Customs Tariff
Act.
According
to a statement issued by the information department of the Parliament then, it
has completed the first reading of the draft law on second amendment to the
tariff law No. (22) for the year 2010, submitted by the Committees of Finance
and Economy and investment in order to provide the technical requirements
necessary to implement the provisions of the tariff law and maintain the level
of prices in the market Iraq
at the present time and protect consumers from price increase expected result of
implementing the Act and to provide the Ministry of Finance of the reasons and
justifications practical and artistic to postpone its application. revealed
parliamentary source familiar for "Center Brief for the Iraqi Media Network," an
agreement parliament to postpone the application of tariffs and in order to
maintain market prices and
consumer protection. government approved a bill to postpone the application of
tariff law until check the conditions of its application, according to a
statement issued by the Council of Ministers in a timely manner.
Member
of the Committee of Economy and Investment parliamentary Abdul Hussein Rissan
Husseini stressed that the President of the General of Customs, Ministry of
Finance promised the completion of a sophisticated system of tariffs Adapted
from the UAE. Husseini said for "Center Brief for the Iraqi Media Network," that
this law will be implemented over the next year after that be
completed all the requirements for the success of the new system as an
electronic system and needs time and customizations.
He
pointed out that his committee did not agree at the outset to delay the
application of this law, but it can not impose its opinion, on the grounds that
the law taking space of time and claims were approved, but the government is
voted on postponed and wrote to the House proposal to postpone this law to a
certain period ,
leaving the validity of determining the period to the Council of Ministers.
Moreover, the description of a member of the Salman al-Moussawi tariff law as
"sovereign," he said, adding that his committee demanded more than once enabled
this. said al-Moussawi said in an interview for "Center Brief for the Iraqi
Media Network," it "does not No
country in the world are not running to the customs tariff law as regulating the
entry and exit of goods within the country and protects the local product and
prevents dumping policy.
He
MP "" The committee demanded on many occasions to expedite activating tariff
law, but there excuses and flimsy by the Ministry of Finance and other
ministries stating that there is no potential for the application of this law,
"returned such a thing as" incorrect "as it can be applied to vocabulary
certain local
products and thus circulated to the rest.
He
noted Moussaoui that his committee proposed to put the amounts levied fees in a
special fund to support the local product, rather than placed in the state
treasury in order to take action to prevent price increases in relation to
certain products, stressing the insistence of the Committee to activate this law
due to suspension of a lot of industries. The Committee
member Abdul-Abbas Hammoud al-Saadi has stressed the importance of completing
the procedures and instructions on the law of tariffs and the formation of
committees established by and then apply it. and said Saadi's "Center Brief for
the Iraqi Media Network," that the application of this law correctly and sound
will reflect positively on the country's economy and provides opportunities
Action moves and activates
the private sector.

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