Goats, fish, and vegetables face import taxes as Saudi Arabia seeks to promote domestic production

Follow-ups -eshrag News:

Mon, 2022-06-13 16:20

RIYADH: Import tariffs on a range of livestock, fish, and vegetables have all been increased by Saudi Arabia as the Kingdom seeks to promote domestic industries and products.

Minister of Finance Mohammed Al-Jadaan has signed off the levy rise on 99 commodities, in line with World Trade Organization rules.

Among the changes are tariffs on sheep and goats rising from zero to 7 percent.

Twelve types of fish and shrimp have also seen a raise in customs duties, with a minimum of 6 percent and a maximum of 15 percent respectively.

Main category: 
Business & Economy

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