The Ministerial Financial Council types a committee to manage commerce and import in Iraq

by times news cr

2024-03-11T20:24:20+00:00

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/ On Monday, throughout the eighth session of 2024, the Ministerial Council for Economic system accredited a set of selections, together with the formation of a committee to current an built-in bundle to manage commerce and import in Iraq, develop the agricultural sector and revive palm cultivation.

The media workplace of the Ministerial Council for Economic system stated, in an announcement acquired by Company, “The Council mentioned the objects on its agenda and took the required choices concerning them, and determined to kind a committee to current the built-in bundle to manage commerce and import in Iraq, which incorporates the financial advisor to the Prime Minister and representatives of the Ministry of Commerce and the Central Financial institution of Iraq.” Customs, taxes and related authorities.

He said, “With a purpose to develop the agricultural sector and to revive palm cultivation in Iraq, the Council determined to amend the import and export directions in order that the import license is legitimate for 2 years from the date of granting the license as a substitute of 1 12 months, particularly palm seedlings.”

He identified that “in an effort to help the Iraqi missions working overseas, the Council determined to permit the import of a private wheel for employees in our diplomatic missions solely 3 times all through the interval of his service and to suggest to the Council of Ministers to exempt it from customs duties,” indicating that “in an effort to help the non-public industrial sector, the Council determined Recommending to the Council of Ministers to unify the proportion of decreasing costs of naphtha, pure gasoline and condensate merchandise for all sectors to be 50% lower than the worldwide bulletin.

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