The Limited Times

Now you can see non-English news...

To support the clothing industry.. Canceling the enclosure for imported acrylic yarn

2021-12-18T21:35:41.881Z


Damascus, SANA- The Council of Ministers approved the recommendation of the Economic Committee, which includes canceling the enclosure imposed on the threads of the


Damascus - Sana

The Council of Ministers approved the recommendation of the Economic Committee, which included canceling the enclosure imposed on acrylic threads, as it is an important and essential raw material in the clothing industry.

The recommendation stipulated that the impact of the decision should be evaluated after 6 months from the date of its issuance.

With this approval, the recommendation of the previous Economic Committee for the year 2019, which stipulated the imposition of an enclosure of 8 percent of the value of each kilogram of imported acrylic yarn, was canceled regardless of the source and origin of the goods.

A member of the board of directors of the Aleppo Chamber of Industry and the head of the clothing industry in the chamber considered in a statement to the representative of SANA that the recommendation came at the right time to support the textile industries sector, which suffers from the lack of availability of raw materials with the aim of providing this material to increase the competitiveness of the garment industry in the local and foreign markets and to reduce burdens and increasing costs. On production operations in light of the global rise in raw materials prices and the rise in freight charges.

For his part, a member of the Textile Sector Committee in the Aleppo Chamber of Industry, Muhammad al-Sabbagh, stressed in a similar statement the importance of this recommendation in terms of the availability of the raw material at reduced prices, which would enable knitting and other laboratories working in this field to reduce production costs and reduce clothing prices in the local market.

Ahmed Souliman

Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency

Source: sena

All business articles on 2021-12-18

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.