Thursday, July 27, 2017

Exports to Iraq to pay duties. Leaves Greater Arab Free Trade Agreement


Custom duties on local agricultural and industrial exports to Iraq are now being levied, according to Iraq's commercial attaché Yasser El Zobeidi.

"Our Council of Ministers took the decision to leave the Greater Arab Free Trade Agreement (GAFTA) and start imposing custom duties on incoming merchandise two months ago," he said.

According to El Zobeidi, Iraq's decision is due to its "very weak and dwindling capacity to export." He said that since the decision was enacted, loca...

Article details

No comments:

Post a Comment