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FROM THE CABINET SITE:

the Federal Ministry of finance/general administration llkmark introduction kmerkih audit and holds the points to make sure that the customs tariff law in border self-righteous.

THIS ANNOUNCEMENT IS CONFIRMING THAT THE GOI INTENDS TO IMPLEMENT TARIFF’S AND QUALITY CONTROL OF GOODS FOR THOSE BRINGING GOODS INTO IRAQ.

ONE THING TO NOTE – IF THESE IMPORTER’S ARE BEING CHARGED A TARIFF, YOU CAN BET THEY’LL PASS ON THESE COSTS TO THE IRAQI CITIZENS/ BUYER’S OF GOODS.

Quote: “The first is called the central category of «50» Alpha in February next. And the planned issuance of the «100»

FOOD FOR THOUGHT – IF THE 2016 BUDGET CONTAINS LEGISLATION STATING THAT THE TARIFF’S ARE TO BE IMPLEMENTED IN 2016, COMBINED WITH TODAY’S CABINET ANNOUNCEMENT RE THE INTENTION TO CHARGE ENTRY OF FOREIGN GOODS CUSTOMS/TARIFFS – AS WELL AS THE ABOVE ARTICLE [quote], RE THE INTENTION TO RELEASE THE 50K NOTES IN FEBRUARY (LATER TO RELEASE 100K) NOTES, THEN PERHAPS THE IRAQI GOVT WILL ASCRIBE SOME PURCHASING POWER TO THESE NEW NOTES?

AS USUAL, WE WAIT AND SEE.

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