Ministry of Industry requests the Cabinet to reduce the tariff on cotton imports
Request of the Ministry of Industry from the Cabinet to reduce the import tariff on cotton The Director General of the Textile and Garment Industries Bureau of the Ministry of Industry, Mines and Trade announced that the Ministry, in coordination with the Ministry of Jihad Agriculture, sent a request to the Cabinet to reduce the cotton import tariff from 10 to 5 percent.
Afsaneh Mehrabi, pointing out that cotton is one of the most important raw materials used in the textile industry, said: Cotton is one of the most important raw materials that must be prepared and used in a timely manner and in sufficient quantities, so request In order to reduce the cotton import tariff by five percent, it has been sent to the government board so that we can solve some of the problems in the field of clothing in reducing the cost price in this way.
According to Tejarat News, he pointed out that currently the import tariff on cotton is 10% and we are facing many problems in supplying this raw material, he said: “Recently, with the signature of the Minister of Industry, Mines and Trade and with the approval of the Ministry of Jihad Agriculture Cabinet sent to reduce cotton import tariff from 10 to five percent.
The Director General of the Textile and Garment Industries Office of the Ministry of Industry, Mines and Trade continued: “This request was made in coordination with the Ministry of Industry, Mines and Trade and with the approval of other relevant agencies. The request was sent by Mohammad Shariatmadari to the First Deputy The Cabinet.
Mehrabi further emphasized that a country like Turkey, despite the production of cotton, has considered a traditional import tariff for this raw material, noting: Turkey is one of our competitors in the category of clothing, but you see despite the production of cotton in this country. It has a very low tariff to support their production.
Pointing out that one of the main problems in the country’s garment industry is cotton as a raw material, he said: “We are looking to be able to increase the import tariff on cotton from 10 to five percent, although the production units are of the opinion that this Tariffs are kept to a minimum.