Decline in revenues in the border ports of Basra to zero after the application tarrif

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Decline in revenues in the border ports of Basra to zero after the application of the tariff law
Wednesday, January 27, 2016 - 21:27
Decline in revenues in the border ports of Basra to zero after the application of the tariff law

Committee announced the border crossing points in the Basra Governorate Council, on Wednesday, falling land and sea ports revenues in the province to zero due to suspension of the introduction of imported goods as a result of the application of the tariff law operations, while the General Company for Ports confirmed that the commercial ports has been paralyzed due to the application of the law.

The Chairman of the Committee of border crossings Morteza cream lipodeca "The tariff law went into effect three days ago at all land and sea border crossing points located in the province, has led to the decline of financial revenue to the zero level, and become almost non-functional as a result of the reluctance of traders to import goods of which, "noting that" a lot of traders and importers of the people of the southern provinces went to the Kurdistan region to introduce their goods through border outlets because the tariff for Aitbak the law. "

Lipodeca and pointed out that "the provincial council is taking a decision not to apply the tariff law in the province outlets what the Kurdistan region did not abide by its application in the border outlets," adding that "The Council also plans to present a legal complaint against the federal government, in addition to filing a complaint to the religious authority because the case threatens the Iraqi economy, which is suffering primarily from a severe financial crisis caused by falling oil prices. "

For his part, the Director of the Department of Relations and Information of the General Company for Ports Tigers Abdel Moneim net that "commercial ports stagnated due to the application of tariff law," explaining that "ships stationed in the waiting area located within Iraqi territorial waters began to refuse to go to the ports to unload their cargo, Also, imported goods taken piling up at ports because traders fail to accomplish out transactions under the new tariff law, and ponder that the government back down on the application of the law. "
Net and stressed that "the Ministry of Transport to fully briefed negative developments that have taken place on the reality of ports as a result of the tariff increase," adding that "the General Company ports will be hurt economically strongly from the current situation if he continued".

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