The Edition


Parliament committee approves duty cut on goods imported from regional ports

Mariyam Malsa
07 July 2020, MVT 21:33
A photograph taken during the parliamentary sitting held in June. PHOTO/PARLIAMENT
Mariyam Malsa
07 July 2020, MVT 21:33

The parliament committee, on Tuesday, approved an amendment to the Import-Export Act that reduced the duties charged on goods that are imported from regional ports, by 50 percent.

The decision was approved by a vote amongst 54 lawmakers that were present.

Submitted by the parliamentary representative for Gan, Laamu Atoll Mohamed Visam, the amendment is now being reviewed by a parliamentary committee consisting of all MPs.

During Tuesday's meeting, MP Ahmed Rasheed, representing Addu City's Hithadhoo Central constituency, also proposed to increase the duty cuts from 30 percent to 50 percent, for goods brought into the ports of Addu and Kulhudhuffushi.

Additionally, parliamentary representative for Noonu Atoll's Manadhoo MP Ahmed Harun proposed similar import duty reductions for goods brought from airports in the region.

However, a vote is yet to be conducted to finalize the matter.

The amendments to the Import-Export Act were proposed in one of the 56 bills submitted by the Attorney General's (AG) Office to the Parliament during the first session of 2020.