Economy committee criticizes fourth delay of application of customs law in Iraq

Posted: July 29, 2012 in Iraqi Dinar/Politics, Top Headlines
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ERBIL, July 28 (AKnews) – The economic committee in the Council of Representatives has criticized the delay in the application of the customs law in the country.

In May the committee demanded postponing the application of the customs law because of its impact on poor people. The law was scheduled to be applied in June.

Committee member Abdul-Hussein Resan, National Alliance MP, said in a statement: “Postponing the application of the law is unjustified and it is the fourth time without any justification. This is a negative aspect and the government should pay attention to address it.”

The Ministry of Finance said that the application of the law was postponed due to the lack of specialized staff to monitor the entry of goods, adding that it needs a whole year to train the staff.

The new law cancels the customs law put in place by former governor Paul Bremer, which subjects all imported good to a discount rate of five percent as taxes.

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