BAGHDAD / Baghdadiya News / .. The member of the Committee of Economy and Investment parliamentary Abdul Hussein Resan Husseini, on Monday, to the application of the Consumer Protection Act in conjunction with the law of customs tariff.
And Husseini added in a statement received by the agency / Baghdadiya News / copy, “if Matabguet government consumer protection law in conjunction with the law of customs tariff think I put the first step right on the road to support the national industry and absorb a large part of unemployment” stressing the need to “spin the wheel of industrial development in the country, considering that the law of customs tariff and Consumer Protection Act are two of the يؤمنا risks that accompany the process of applying the law first such as high prices, “noting that” there is a theory the process has not been applied in Iraq, which is that the price of material determined by the law of supply and demand, considering that there is competition, “he said that “the country, including that in the first step of this shift towards a market economy, you’ll see some mistakes, which is that some traders deliberately high price due to the application of the customs tariff law.”
And continued a member of the Committee on Economy and Investment said that “the role of government in this matter is that watching mechanism and reasons for the high price, and try to create something out of balance through their tools on the market, especially because we have more than 72 industrial enterprises able to compete with goods and gadgets foreign existing in the market not because it lacks the appropriate environment for that.
