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Abou Faour: Industrial raw material exemption list out in two days

Aug 10

Abou Faour: Industrial raw material exemption list out in two days

NNA - The Ministry of Industry announed in a statement that Minister Wael Abou Faour was following the temporary measures adopted by the Customs High Council through obtaining the 3% fee on industrial machines, equipments, and raw material.'


The statement came as follows,'Minister Abou Faour contacted Prime Minister, Saad Hariri, and Minister of Finance, Ali Hassan Khalil, and they agreed on issuing an exemption list for industrial machines, equipment, and raw material during the next two days. The list will be adopted by the Customs High Council based on the exceptional approval of the Prime Minister who has shown huge interest in solving this issue.'


The statement also added Minister Abou Faour's confirmation that it had been settled with PM Hariri and the Minister of Finance concerning this mechanism. It will make things easier for manufacturers and for the policy of supporting them and reducing the cost of production, especially that exemptions on industrial machines and raw material has long been in force. It is not an added support to the manufacturers who deserve greater support, protection, and care to increase their production and export capacities.'

Nna-leb