Wednesday, June 6, 2012

Two Proposals For The Application of Tariff Law

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Thanks to Bama for the following article...

June 6, 2012

Two proposals for the application of tariff law

Parliamentary Finance Committee sent two proposals to the Finance Ministry on the application of tariff law at the time confirmed that the application of the law will equip Iraq to enter the World Trade Organization.

A member of the Committee Haitham Jubouri that "the application of tariff law is one of the elements of a state economic as a condition for entry into the World Trade Organization (WTO) and that from one of the conditions of application of the law of customs tariff as well as the protection of national products."

He Jubouri that "we have proposed in the form of customs and the Ministry of financial Mguetrhieddin through the issuance of instructions to the law of which direction the first is to exempt tax for certain goods task within my need food or clothing, "noting that" the second proposal is the application of ascending and progressive for goods other that are not of interest to poor families. "and noted that" if the application of these Almguetrhieddin there will be control of the Iraqi market and the reduction of the inflation.


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