Baghdad, July 13 (aknews) – the Iraqi Trade Ministry said Wednesday it had awarded 299 import different goods leave established during the month of June, in exchange for granting the export leave 67.
Foreign goods poured into the Iraqi market after the lifting of the embargo following the fall of the former regime in 2003, and became President consumer markets in the Middle East.
Director of exhibitions and corporate Sadiq Sultan Kurdistan News (aknews) that "the Department of Commerce granted during the last month to import leave 299 support goods imported into the country."
"The Ministry granted 67 export leave, including agricultural products and the chemical and refinery sulphur for export out of the country with the aim of encouraging local industries."
He Sultan that "work is continuing to finish the preparations necessary to convene the Baghdad international fair, 38th session, which will see the shares for a large number of countries in the world."
Dramatically Iraq attests in productive sectors, especially industry and agriculture as a result of long years of embargo and sanctions, in addition to the consumption of imported goods dominated the domestic production of the commodity in the market after dumping various goods from many origins.
Economists say that the reality of productive industrial projects in Iraq decline according to studies by 66% for the years prior to 2003 due to the influx of foreign goods to the markets of the country.
They also emphasized that the factories in Iraq caused decline disable more than 13,000 workers which frustrated the Government sought to convert the Iraqi economy to the free market economy.
Reports of non-governmental organizations concerned with the economic aspect that Iraq lost since four years more than 180 billion dollars because of its dependence on imported goods as a result of the decline in local industry.
It is hoped to start Iraq apply new alkmerket tariff law this month after postponing its application in March for political reasons.
According to the Government, the new law will abolish some taxes by overseer Paul Bremer on some consumer goods, adding to the decline in the prices of consumer goods.
Alkmerket tariff act by Bremer establishes tax kmerkih on all imported goods with a value of 5 per cent.
[You must be registered and logged in to see this link.]