Baghdad: The Iraqi Traders Association has called for a general closure of all commercial markets across Iraq, starting tomorrow, Sunday, until further notice. This action is in protest against the Ministerial Council for the Economy’s decisions regarding customs tariffs and taxes on goods and products. The association is demanding that the relevant government authorities halt the implementation of these decisions and avoid harming the living standards of citizens and the local market.

According to National Iraqi News Agency, the traders are voicing their concerns over the economic impact of the new tariffs and taxes, which they argue could lead to increased prices for consumers and potentially destabilize the market. The association has urged government officials to reconsider the measures and engage in dialogue with stakeholders to find a more balanced solution that does not adversely affect the economic environment.

The proposed closure of markets is seen as a significant move by the traders to express their dissatisfaction and push for immediate attention from policymakers. The association has emphasized the urgency of the situation, warning that continued implementation of the economic policies could exacerbate financial challenges for both businesses and consumers in Iraq.