Syria to eliminate import tariffs on basic commodities
- Syria: Wednesday, January 16 - 2013 at 07:15
Syria has started allowing private firms to import fuel and plans to eliminate all tariffs on many basic commodities, as the country seeks to cope with shortages, soaring prices and public discontent in the midst of a civil war, Reuters has reported. The proposed measures would affect 17 basic commodities including sugar, rice, tea, wheat, soy, vegetable ghee and barley, said Essam Zamrick, vice president of the Damascus Chamber of Industry. "Eliminating all tariffs on basic commodities that are crucial to Syrian household's livelihoods and allowing fuel imports by businesses should limit further price increases of basic foodstuffs and help stabilize prices for consumers," he added.
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