Sunday, January 12, 2025

Planning: Iraq imports between 50-75 kg of gold per day, 12 JAN

 Planning: Iraq imports between 50-75 kg of gold per day

Economy News _ Baghdad

The Ministry of Planning announced on Saturday the date of opening the gold inspection center at Kirkuk airport, while pointing out that Iraq imports between 50-75 kilograms of gold daily.

“The work of the gold inspection centers continues at the recently opened Iraqi airports affiliated with the Central Organization for Standardization and Quality Control in the Ministry of Planning, as these centers operate around the clock at Baghdad, Najaf, Basra and soon in Kirkuk airports,” the spokesman for the Ministry of Planning, said in an interview with the Iraqi News Agency, followed by “Economy News.

He added that “there is an increase in the process of importing gold entering Iraq, where it is recorded daily as a general rate of gold by about 50 to 75 kilograms through official outlets,” noting that “there are procedures carried out by inspection units at airports, and that these procedures are as easy as they are, but they are accurate and do not take long due to the presence of very advanced devices.”
Al-Hindawi explained that “Iraq is one of three countries that have such high-resolution devices, whether in terms of weights, marking or inspection,” pointing out that “these procedures greatly facilitated the work of the drafter and reduced the cost that the importer bore in the process of transporting gold from the airport or from any other outlet to the headquarters of the Central Organization for standardization for inspection and labeling.”

He continued: “These procedures have become easy once the shipment arrives at the airport, it is transported through customs to the center or inspection unit located at the airport, and within a short time, perhaps not exceed two to three hours, all these procedures end and the importer receives gold and leaves the airport checked and marked,” explaining that “this would contribute to the protection of the economy and to the protection of the consumer as well.”

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