BPC takes three measures to support gold importers

Baghdad-INA


 
The Border Port Commission announced on Tuesday three recommendations on the import of gold, while referring to a recommendation to reduce import duties.
 
"The import of gold and its entry mechanism at the request of the Baghdad Chamber of Commerce was presented at the 2021 Meeting of BPC numbered 12, as well as the measures taken by the Central Agency for Quality Standardization and Control in this regard," Omar al-Waeli, head of BPC, told The Iraqi News Agency (INA).
 
"Several axes were voted on regarding the import of gold, where they agreed to make a recommendation to reduce import and export duties in relation to gold, adopt Basra International Airport to enter and exit gold like Baghdad and Najaf airports”, he said.
 
"The Baghdad Chamber of Commerce held a seminar that discussed the issue of importing gold with traders and importers and coming up with recommendations, which will be submitted to the Ministerial Council of Economy, and then presented to the cabinet meetings, in order to make an amendment to the decision of the cabinet, to promote the work of importers," he said.
 
 
"The BPC at Baghdad and Najaf airport have recently witnessed a significant reluctance to enter gold, and measures will be taken to support this trade, which will have a high return to the state," he said.