Oil Minister: the old ways of the local product protection destroyed the country's economy

10.16.2015 at 11:53 (GMT Baghdad)

Baghdad scales News
Oil Minister Adel Abdul Mahdi, on Friday, that the old ways of tariff protections of the domestic product destroyed the country's economy.

Said Abdul-Mahdi, through the special page on the social networking / Facebook / sites that "from the beginning, the customs protections of the domestic product of old ways in which the economy and the real sectors destroyed for the benefit structures do not live, but under a different kind of care error .. which crumble as soon go up by care hand, as It happened in the experience / self-financing companies / ".

He added that the "necessary protection but can be implemented selectively and gradually, when domestic production is weak and does not provide the needs of the market, the customs protections will not encourage real sectors, but will encourage some exceptions, smuggling, forgery, fraud, and goods are shoddy and ending force, agricultural activities, false, factories and garages ".anthy 29 / d 25