Syria Restricted The Import Of More Than 10000 Items Such As Automobile, Furniture, Clothing And So On.

2011/10/1 15:29:00 31

Syria Limits Imports Of Car Furniture And Clothing Products

In order to slow down the loss of foreign exchange, Syria, September 22nd

government

Suddenly, except for the production of raw materials, food and other basic necessities and items that could not be produced in China, products with tariffs exceeding 5% were temporarily prohibited from importation.

There are 11 levels of tariff rates in Syria, ranging from 1% to 60%.

Imported

The ban will affect more than 1 items, including cars, furniture, clothing, household utensils and some food.

Once the ban was announced, the price of cars rose, taking the Korean car Kia Rio as an example. Each price was $14500, rising to $18000, the price of sunglasses doubled, and the TV price rose by 2000 to 5000 pounds.

Syria imported 20 thousand new cars per month in March (2011). After the turmoil, the number of new cars imported in May was only 2000.

In September 26th, Syria passed 2012.

government

The budget is $26 billion 500 million, an increase of 58% over 2010.

It is estimated that the existing foreign exchange in the country can be imported for 16 months.

In 1980s, the Syrian government restricted imports of foreign products. By 2000, the country implemented economic liberalization and reform measures and opened up foreign goods imports. Before that, foreign goods could only be imported by smuggling.