1-23-11 Central Bank: Customs tariff law will not affect the standard of living of the Iraqi people

Highlights/Thoughts
Click on the title of this posting to get to the details of this article

1. CBI advisor said that the custom tariff law will not affect the standard of living of the Iraqi people because of the law of proportions
2. The law of proportions emphasizes the deduction of amounts of import customs (10% to 20%) on luxury goods and excludes food items
3. The activation of the Customs Law will contribute to the protection of Iraqi products