Wednesday, March 13, 2024

"IMPORTANT IRAQ NEWS: THE MINISTRY OF FINANCE ISSUED, ON FRIDAY MORNING, A NEW STATEMENT IN THE APPLICATION OF {AUTOMATION} CUSTOMS." BY MNT GOAT, 13 MARCH

{ECONOMIC: EUPHRATES NEWS} THE MINISTRY OF FINANCE ISSUED, ON FRIDAY MORNING, A NEW STATEMENT IN THE APPLICATION OF {AUTOMATION} CUSTOMS.

According to a statement received by {Euphrates News} a copy of it, in which it renewed “its emphasis on the establishment of clear work standards consistent with the adoption of the government program approved by the House of Representatives and related to the modernization of the fiscal policy strategy, including customs performancein addition to the need approved by the program of the need to move towards diversifying and maximizing the state’s financial resources outside oil revenue, and accordingly the ministry proceeded to adopt an integrated vision towards advancing the reality of customs work like the rest of the developed countries, which was represented by the application of Customs automation according to the newly global ASYCUDA system in the Great Welcome Square, which includes the Basra Gate Center and the northern um Qasr Mark, and will be followed by the opening of the system in both the southern and central um Qasr.”

She indicated that “earlier, the system was opened in the air cargo customs at Baghdad International Airport and the dry port, in addition to that work is continuing at an escalating pace to complete the system in each of the western region customs center (Ramadi / Trebil / Al-Qaim / Arar), as well as the case for customs centers in the central region, and accordingly all incoming goods, shipments and materials are subject to smooth and simplified processing and auditing processes that shorten time and effort in completing them, unlike previous procedures.”

She explained “regarding the news received in some media circles about allowing the entry of a number of goods in the Great Welcome Square in um Qasr Port, as the permit to enter these shipments is exclusively related to goods and materials that have been audited and processed in accordance with the customs procedures that preceded the start of electronic automation recently applied, as well as those that have been completed according to the electronic system, and the shipments and materials received before the date of 6-3, which is the date of the commitment of the intervening parties to enter their data in the system.”

The Ministry of Finance stressed that it will continue to adopt modern methods and systems in accordance with international standards, including the electronic automation system in customs work, which is currently applied as a first step to include all land, sea and air centers and ports alike.

(It is just a short matter of time before these revenues take off and rival the oil revenues. Iraq is going to be “filthy rich”. Oh but their currency is still 1/6 of a penny?)

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

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