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HomeEconomyIraq Unifies Customs Tariff to Ensure Fair Trade Practices

Iraq Unifies Customs Tariff to Ensure Fair Trade Practices

Iraq has launched a system at all border crossings known as Iraq unifies customs tariff, including those in the Kurdistan Region. The Ministry of Finance, through the General Commission of Customs, introduced the new system to prevent manipulation in customs valuations and standardize procedures.

This Iraq unifies customs tariff step follows Cabinet Resolution No. 270 and reflects recommendations from the Economic Ministerial Council. The unified system mainly targets goods and vehicles entering through northern border crossings.

Officials stated that this reform will apply fixed reference prices when invoice values differ from international averages. In such cases, the higher value will determine the duty. This rule aims to reduce under-invoicing and boost state revenues.

The implementation relies on agreed price lists between Baghdad and Erbil. Both sides approved the reference tables during a meeting in December. These tables draw data from 2022 and 2024 to ensure accurate assessments.

On June 1, customs centers, including those in Kirkuk’s Jemen and Darman checkpoints, began using the unified system. Border officials have tightened inspection procedures to align with the updated rules.

Border Crossings Authority Director Omar al-Waeli recently visited these sites. He urged customs officers to follow the new guidelines strictly and stressed the importance of consistent enforcement.

The General Commission of Customs also shared a digital copy of the reference pricing tables with the Ministry of Trade. This step ensures that all customs centers, including those in the Kurdistan Region, use the same criteria when evaluating imported goods.

Economic analyst Abdullah Hussein praised the move. He said the unified tariff system marks a key reform in Iraq’s trade infrastructure. According to him, inconsistent valuations in the past led to major revenue losses and weakened economic trust.

He added that this Iraq unifies customs tariff system could close gaps that allowed unfair pricing and customs evasion. He also pointed out that trade between federal and regional authorities will now follow clear, shared rules.

With this reform, Iraq hopes to create a more balanced and transparent trade system. Officials believe that this system will help protect national resources and restore confidence in border management.