Monday, May 16, 2011

Differing views of specialists on the law of customs tariff

Varied views of a number of economists about the postponement of customs tariff law, while the head of the Center said market research and consumer protection to postpone the decision did not prevent the rise in prices ranged between 20-50 percent, it was considered an economic advisor to the prime minister said the price increase under the application of the law is routinely He emphasized that the recovery aspects of productivity capable of absorbing unit prices, indicating that the application of tariff law will increase the effectiveness of the Iraqi economy and move the wheel of production and thereby increase the income of the family, while noting an economist academy that the law has been put on hastily and without being based on economic analysis detailed determine the level of protection required for each commodity, stating that the application of law, while imports during which Iraq for many goods, foodstuffs, and the head financial can negatively affect the level of economic well-being, especially for people on low-lying .. it was considered an economic advisor to Prime Minister Dr. Abd al-Hasan Anbuge Speaking (morning) tariff law and customs is one of the best laws passed at the moment, so for the wealth of the objectives of Npiliip good and can contribute to wire actually Alaguetsidi in the country, explaining that the law, if enacted, it will reflect positively large producers and owners of laboratories as well as protect their products from the dumping of the commodity ..
He criticized the Anbuge the nature of the current law, which he said put a non-logical terms imposed by the tax does not exceed 5 percent on all goods received and without regard to items on the other, calling for the need to be a percentage tax on production inputs such as seeds, fertilizers and some food and medicines zero rate of tax , which will lead to increase the effectiveness of the national economy in general and will work to move the local production adviser, says ..
And Anbuge that the process of rising prices in the event of application of the law is normal, stressing that this rise will open the way for the local product, and that this rise will lead to (adjust the adverse impact of inflation) will be the protection of locally produced goods and then will run as much as possible of the unemployed it which will help increase incomes of those families and the face of inflation ..
In turn, explained head of the Center Market Research and Consumer Protection, Dr. Mona al-Musawi Speaking (morning) the need to apply the law, but it confirmed the importance of developing institutions of the General Authority for Customs before that, to be able to control the border crossing points are tight, calling at the same time to work on reform the negative effects caused by the application of the policy of dumping, which significantly affected the various productive sectors, especially industrial ..
Musawi said as well: the postponement of the law came as a result of fear-winning high prices for imported materials, and this delay did not prevent the rise in prices by 20-50 percent during the period that followed the postponement, citing the need to take a range of measures to ensure the promotion and the reality of manufacturing industries, strategy and basic and review schedules customs tariff, demand at the same time not to impose any tax on food and medicine within a view to taking into account the largest possible proportion of Iraqis living below the poverty line and in proportion to the purchasing power of the consumer ..
Confirmed Moussawi the importance of the provision of various kinds of financial and technical support to the industrial sector which was considered the largest sectors affected by the non-application of the law of customs tariffs, stressing that such support will address the negative effects resulting from the non-application of tariff law, namely the policy of dumping that has paralyzed almost completely ports productivity in various economic sectors ..
She said al-Moussawi said to provide such a support to the productive sectors, particularly manufacturing is not contrary to the terms of the World Trade Organization, which said it offers to developing countries are some exceptions and opportunities available through the ceiling of protection and support for local products .. so stressed the economic expert and academic, Dr. Medhat Quraishi, the need to exploit the suspension of the new law in order to study its feasibility and impacts of positive and negative for commodities and products that should be protected and on the consumer and the national economy in general, noting that the law was drafted hastily and without that based on economic analysis detailed determine the level of protection needed for each commodity according to the comparison shows the cost of production and goods domestic and foreign competitors, pointing out that protection if they want it to be effective and serve protectionist purposes should be able to reduce or cancel the price difference between domestic producers and importers in order not to prefer foreign goods to local counterpart ..
He said al-Quraishi said law and order to achieve the highest level of protection must be accompanied by its release a range of measures which include creating an infrastructure for the productive sector both in terms of physical or technological and artistic as well as the restructuring of production facilities in the public sector .. did not deny Quraishi, the possibility of a rise in prices if the application of the law, noting that Iraq imported many goods and various materials that can witness the terms of prices if you enable tariff law, stressing the possibility of law in the reduction of social welfare and weaken the purchasing power of the individual, especially low-income, moreover, the drawing Alkmarki will contribute to raising local production costs and weaken the competitiveness of these products and the most serious negative effects of the law and according to Qureshi
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