Friday, May 11, 2012

Economic analyst: the need to develop local products to enhance the activation of the Tariff Act

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May 11, 2012

Economic analyst: the need to develop local products to enhance the activation of the Tariff Act

Called for an economic analyst for the spectrum Abdul Salem Ugaili to the need to pursue administrative leadership economic policies, according to plans of scientific organization; to ensure a favorable environment for the task of promoting the various sectors of the country's economic, warning to the difficulty of implementation of the Tariff Act on goods and goods imported for the time being without the contribution of the local product Some in the insurance needs of the population.

He said Ugaili in a statement (told Najaf News) said: it is necessary to develop an economic plan solid scientific summarized activating and developing the performance of economic sectors, the main of agriculture and industry through the adoption of the government to the various mechanisms that can support the management of the agricultural sector and enable the application of mechanisms of plans and programs.

As well as enhanced management components of the industrial sector required by the task of rehabilitation of industrial plants in public and private sectors that has stopped most of them work for eight years; in order to ensure the provision of local product, and reduce the need for the supply of goods and supplies from outside the country.

He went on Ugaili to: that among the objectives of the application of the Tariff Act that reflected the support the national product and develop the work and contributions of the private sector which affected much by the rule of the phenomenon of dumping the commodity in the domestic market, as the continued absence of the domestic product of our markets, can not ensure that a full investigation the objectives of the activation of this law.

Ugaili stressed the importance of supporting and encouraging the joints of the private sector, as a tributary President for the development of the country's economy under the directions of the Government of Iraq to adopt a policy of market economy.

It should be noted that the law of the above imposes customs duties on imported goods, not included in the table of tariff duties, by not more than (20%) of its value, to be exempt samples and models that are not of commercial value, customs duties, in addition to law into account in the application of its provisions, the facilities afforded by the Investment Law No. (13) for the year (2006), as amended, on goods imported for investment projects exclusively, and comes with a view to attract the maximum amount of investment companies and businessmen to work in Iraq.

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