FOR IMMEDIATE RELEASE
(On behalf of the Ministry of Trade)
Contact: Sam Whitfield
Friday, April 9, 2004
Scrap Metal Export Licensing Procedure
Baghdad, Iraq - The Ministry of Trade recently issued Draft Guidelines for
the Export of Scrap Metal and invited public comment. The Minister reviewed the
comments received, discussed those comments with Ministerial colleagues and
advisors, and decided to revise the proposed licensing procedure with a more
widespread and general license. The Minister believes that this will lead to a
fairer and more equitable system than originally proposed and provide greater
opportunities for smaller traders.
Under the revised system, there will be no requirement to register as a dealer
in scrap metal and no registration fee will be charged. The auction plan has
been cancelled, and a license fee for export will be charged instead. The
license fee will be charged on the basis of a payment per metric ton. The amount
of the fee is set at ID 50,000 per metric ton. No other fees may be charged for
the movement of scrap metal inside Iraq or across its borders.
The licensing process will start on Friday, April 30, 2004, after which
exporters may apply to the Ministry for a license. No export of scrap may take
place prior to April 30, and no licenses will be issued prior to that date.
Full details of the licensing process may be found on the Ministry of Trade
Implementation of the Licensing Process
In order to implement the process in the immediate future, this procedure will
* Anybody wishing to export scrap may do so from April 30, 2004, via any
recognized point of entry.
* An exporter must go to a bank branch from a list specified by the Ministry,
pay the license fee and provide details of the size of the shipment and the
point of exit to be used. The bank, will issue a numbered receipt showing that
the fee has been paid and will inform the Iraqi Customs Service via the Ministry
of Trade that the shipment is expected.
* The exporter must present the cargo for inspection to the Iraqi Customs
Service at the designated crossing point together with the receipt evidencing
* Iraqi Customs Service will verify the receipt and check that the amount of the
cargo is equal to that represented by the receipt. The Customs Service will
retain the receipt to prevent reuse and the exporter may proceed.
* The Customs Service will be instructed not to allow the export of any amount
in excess of the amount for which the license fee has been paid.
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