The Federation of Chambers of Commerce advised “disguised merchants”: Dealing with the electronic platform is “inevitable and final”

The Federation of Chambers of Commerce advised “disguised merchants”: Dealing with the electronic platform is “inevitable and final”

2023-02-03

The Federation of Chambers of Commerce advised disguised merchants - Dealing with the electronic platform is inevitable and finalYes Iraq: Baghdad
Today, Friday, the Federation of Chambers of Commerce renewed its commitment to the official exchange rate, stressing that there is no sale outside the electronic platform, while assuring all merchants that dealing with the platform is “inevitable and final.”

“The federation is committed to the exchange rate, and called on all merchants to go to the electronic platform,” said the federation’s president, Abd al-Razzaq al-Zuhairi, stressing that “dealing with the platform is an inevitable and final issue, and there is no sale outside the platform.”

And he indicated that “dealing with the platform is easy and simple,” explaining that “if the merchant owns a company, it is possible to deal with the platform, but if he does not own a company, the Chamber of Commerce guarantees him purchases through the platform up to one hundred thousand dollars.”

He added, “The Union desires that the dealings be clear, whether with merchants or importers, and that there be clear transparency in the work,” stressing that “the government has set the lowest tax and customs rate in the history of Iraq over the past years.”

He pointed out that “the customs on the small container is two million dinars and the tax is 25%. As for the large container, the customs on it are four million dinars and the tax is 25%.”

Al-Zuhairi stressed that “these measures will give Iraq strength and stability in front of the countries of the world that there are correct and clean funds, and therefore the largest number of companies will be received,” stressing that “the government measures aim to prevent the smuggling of millions of dollars.”

He noted that “many merchants in Iraq are committed to the official exchange rate, which is (1470) dinars to one dollar.

yesiraq.com