Mixed reactions to postpone the work of the customs tariff 10/20
Mixed reactions to postpone the work of the customs tariff
Section: Economic page
October 21, 2015 at 10:23 am
The Iraqi Government has taken the decision to postpone the work of the new tariffs until the complete readiness of border to apply, what feedback effects from the private sector who had hoped that the tariffs in the plants and productive enterprises, thus reviving the local product.
Economists noted that the postponement of the implementation of the new tariffs is caused by certain actors claim, under conflict of interests with the content of the resolution. She drew attention to the monetary value placed on the tariffs have led to a deterioration in economic activity and a halt to the productivity of local industries, so the migration of a large number of experiences and skills, in addition to the implications of the suspension of the customs tariff to increase the financial resources of the State.
New tariff application was repeatedly stalled because some States, claim traders tariff Act, after the abolition of the old law which put us overseer for Iraq Paul Bremer after 2003, to pay a 5 percent tax on all imported goods.
He said the Prime Minister's economic adviser Mohammad Saleh appearance: "no point of law if the applied tariff on all border crossings," he said, adding that the Act involves great benefits, including strengthening the resources of the State and protection of the domestic producer. He warned the failure to apply the law in a good shape, because it creates a challenge to the unity of sovereignty, particularly as it is supported in most States.
Academic m. Hosseini said: "the Customs authorities receive 5 percent of the value of goods imported to Iraq's reconstruction with tax exemptions and increased complication after enactment in 2011, but the Government has failed to apply for economic, social, administrative and political.
And in front of the multiplicity of views, there is a view that the economy cannot afford additional problems brought about enactment, as rising prices and declining economic activity, greater burden on consumers and the poor. Some believes that the law will open new doors for corruption and corrupt, while others point to the fact that Iraq does not need additional sources of income if oil revenues improved.
Contacts suggests that the minimum tariff in accordance with the requirements of the economic situation, to increase public revenues or to protect local products or facilitate the flow of foreign trade, as well as the tariff can be selected according to the new law by 10 percent, simplifies procedures for the collection of tariffs and reduce opportunities for fraud, forgery and other methods used by some merchants to increase their profits in the absence of Government oversight.
The Director General of the Iraqi customs body Sage Jassim, said the tariff law applied in three phases, the first involving specific types of goods, and goods more and all goods coming into Iraq. He said: "the customs authority has provided the necessary supplies to law enforcement at border posts," pointing out that "the law will allow Iraq to join WTO membership." He noted that "the Customs Authority signed with Kurdistan requires agreement and standardization of Customs work and pricing."
And the effects of the discontinuation of the customs tariff concerns in some quarters that market protection achieved through enacting and implementing laws to protect local product and ensure a free market in the country, such as the customs tariff and laws protecting national and consumer and product competitiveness, decisions and regulations relating to economic market objectives. Referring to the role of the private sector which is the arm capable of achieving market leadership and development projects that contribute to moving the economy, as scheduled, according to studies of the private sector's contribution to GDP by 2030, more than 50 percent.