Minister of Economy: Expansion of the list of goods import substitution program to include 80 articles .. Know them
Minister of Economy and Foreign Trade Samer Al-Khalil revealed that more than 40 items were manufactured to be manufactured locally within the framework of the import substitution program within days. The ministry was also tasked with following up and studying about 40 other materials to replace similar imported materials, so that the list of goods studied could be expanded to About 80 items.
He pointed out that what the Ministry has done in cooperation with the industry and finance and the Planning and International Cooperation Authority under the supervision and guidance of the government in terms of assessing the needs of different sectors and commodities in the framework of the substitution of import substitutes program is necessary not only to implement the program, but also to solve the problems of many outstanding industries between several Regarding what has been done in the substitution program of import substitutes as a comprehensive government review, including several aspects, from the issuance of licenses and approvals to the subject of customs duties and taxes to the subject of securing the needs of land and inputs Crown, loans and others.
Minister Al-Khalil pointed out that the file was approached in an unconventional way.
With regard to the action plan that was implemented, he pointed out that a group of goods that the government wants to manufacture has been identified based on their weight in imports, in addition to economic considerations, and then identified sectors targeted for replacement, in a manner consistent with the sectoral development trends of the government, and leading sectors that have Ingredients of growth and development.
In addition, the reality of each article and each sector and its problems were examined, and appropriate policies were proposed, including the design of protective measures, the actions to be taken and the roles of the stakeholders.
He pointed out that the results of the import substitution program will be achieved in the medium and long term, as this type of program aimed at influencing the industrial sector needs time, and its results cannot be directly touched, except with regard to the re-operation of facilities suspended or damaged by war. In addition to directing investors towards specific sectors due to incentive and protectionist measures, he pointed out that the study of the commodity does not necessarily mean the necessity of its entry into the program, as the result could be that the material is not valid for entering the program at present, due to certain considerations. For example, the plastic granules.
Yeast, tires, paper, starch, industrial towers, oils, tractors, lighting equipment, glass panels, machinery, car spare parts, batteries, inverters, plastic plates, formica panels, shoes and soles. .
The Minister pointed out that the success of implementing the import substitution program depends mainly on the commitment of the concerned authorities and ministries to implement the recommendations issued by the Council of Ministers and the Economic Committee under the program, stressing that the new materials will be studied to take the necessary recommendations, because what is required is the proper marketing of investment opportunities for industries that They have been adopted as alternative industries of imports, and most importantly simplify the necessary procedures for these investment projects, in addition to controlling smuggling, especially the materials adopted in the program so that protection measures can give effect.
He pointed out that the circumstances that Syria is going through and its repercussions at all levels necessitated dealing with different tools and policies, according to each sector or field, noting that in this context, the importance of import substitution industry has emerged as one of the most important tools that can contribute to supporting the independence of economic decision in view of what can be done. Achieved from self-sufficiency.
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