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Syria Limits Imports Of Furniture, Clothing And More Than 10000 Items.

2011/10/6 14:07:00 30

Slowing Korean Restrictions

by slow down In September 22nd, the government of Syria suddenly announced that except for the production of raw materials, food and other basic necessities and items which could not be produced in China, more than 5% tariff products were temporarily prohibited from importation.


There are 11 levels of tariff rates in Syria, ranging from 1% to 60%. The import ban will affect more than 1 million commodities, including cars, furniture, clothing, household utensils and some food.


As soon as the ban has been announced, the price of the car has risen sharply. The Republic of Korea Car Kia Rio, for example, costs $14500 per barrel, up to $18000, the price of sunglasses doubled, and TV prices 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 the 2012 government budget of $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, Syria limit Foreign products were imported. 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.

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