Iraq Imposes Additional Tariffs on Imported Beverage Cans
By John Lee.
As part of efforts to protect domestic industry, the Iraqi Cabinet has approved the imposition of an additional 20% customs duty on imported aluminium cans used for carbonated beverages, juices, and energy drinks.
This brings the total tariff to 50% per unit of measurement, applicable to imports from all countries and origins.
The measure will be in effect for four years without reduction, with implementation to begin four months after the decision date.
The General Authority for Customs has been tasked with enforcing the additional tariff and regularly informing the Ministry of Industry and Minerals of the quantity and value of imports, as well as the additional revenues collected.
The ministry will assess the effectiveness of the tariff in protecting the domestic producer, including the complainant's ability to meet local market demand, and will review the policy one year after implementation in line with the Product Protection Law.
(Source: Iraqi Government)
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By John Lee. As part of efforts to protect domestic industry, the Iraqi Cabinet has approved the imposition of an additional 20% customs duty on imported aluminium cans used for carbonated beverages, juices, and energy drinks. This brings the total tariff to 50% per unit of measurement, applicable to imports from all countries and origins. The measure will be in effect for four years without reduction, with implementation to begin four months after the decision date. The General Authority for Customs has been tasked with enforcing the additional tariff and regularly informing the Ministry of Industry and Minerals of the quantity and value of imports, as well as the additional revenues collected. The ministry will assess the effectiveness of the tariff in protecting the domestic producer, including the complainant's ability to meet local market demand, and will review the policy one year after implementation in line with the Product Protection Law. (Source: Iraqi Government)
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