2026-02-08T16:21:22+00:00

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Shafaq News- Baghdad

Iraqi traders on Sunday rejected the newly raised customs
duties, warning that the measures could disrupt trade and drive up prices.

In a statement, the Iraqi Association of Traders and Importers
noted that the imposed tariffs undermine public interest, slow commercial
activity, and disrupt the broader economic cycle, cautioning against their
potential social repercussions.

Opposing any customs duties above 5%, except for locally
produced items that meet domestic demand, the Association criticized the
valuation system under the ASYCUDA customs platform, describing it as unfair.

“We as traders oppose the requirement to pay tax deposits
in advance and the mandatory use of quality certification marks,” the statement
added, urging Iraqi authorities to delay the implementation of Decision No. 957
for six months. It also called on officials to release goods held at ports,
close corruption channels, and ensure regulations are applied consistently across
all border points.

Earlier today, protests and market shutdowns began in
Baghdad and spread to several central and southern provinces, as traders
challenged new tariffs that raised import costs, disrupted supply chains, and
pushed up consumer prices. The increases were introduced under Cabinet Decision
No. 957 of 2025, part of government efforts to boost non-oil revenues.

Iraq’s Federal Supreme Court has scheduled February 11 to
rule on a legal challenge to the tariff hike, lawmaker Mohammed Al-Khafaji
noted in a video recorded outside the court building.

Read more: Explainer: Iraq’s updated customs tariffs, legal dispute, and market impact