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Parliament sources criticize delay in activating tariff law says it would create $15b in revenue; GOI fears tariff law may hurt trade relations with Kuwait and Turkey

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parothead

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Posted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
Tags: iran, Iraq, Jordan, kuwait, Kuwaiti, reuters, Syria, Turkey Kuwait and Turkey .. Concerned with delaying the activation of the customs tariff for gifts

Posted 30/01/2012 09:25 AM

BAGHDAD – Babinaoz (Reuters) – according to a report published in the future of Iraq parliamentary sources criticized the delay in activating the tariff law and the implementation of its provisions because it indirectly protect domestic industries that is a win, plus the national budget.

And suspended sources on the process that it does not come from government offices, but are recognized in Kuwait, Turkey and the shift to Iraq to be introduced,

noting that the decision to activate or stop a law tariff delayed in violation of the law and the Constitution, is the decision in the half Kuwaiti and half the other Turkish because it shows the trade of Kuwait and Turkey to serious risks and Evqdahma a lot of gains which are the source substantial financial support [from] the two economies.

and announced since almost 10 months to begin to implement and activate the tariff law, has been postponed to start activating the law, which would yield to the state treasury an average of 25% of the rate of trade of Iraq in general, a large proportion may up in the worst conditions to 15 billion dollars annually, as is the amount constitutes a quarter of the Iraqi budget.

The sources said that Kuwait and Turkey does not accept the implementation of the Act because it would hurt Btgarthma with Iraq after a shift to the largest global suppliers of Iraq. Especially after the decline of import through the perpetrators of Iran and Syria after the Iranian crisis and the Syrian crisis, and in light of the difficulty Alkmarki Jordanian system, which reduces the profits of suppliers, which led to the concentration of Iraqi imports through Kuwait and Turkey.

Therefore, the first entrance of the trade to Iraq came after Kuwait was ranked Second Turkey.

The sources revealed that the efforts and arrangements in order to keep the suspension of the implementation of the law, was not surprised by the silence of government, calling the Kuwaiti and Turkish gifts to “value”, in addition to the role of Iraqi traders close positions of leadership and decision-making in the country.

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