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TEHRAN (Tasnim) – Britain on Tuesday revised the tariff regime that would come into force if it leaves the European Union without a deal, making 88% of total imports by value eligible for levy free access. Seeking to balance the need to keep consumer prices down without destroying domestic producers, Britain also said under a […]
Seeking to balance the need to keep consumer prices down without destroying domestic producers, Britain also said under a new “exceptional review process” it could make changes to the regime from day one if needed.
“The UK is a free trading nation and British business is in a strong position to compete in an open, free-trading environment,” Trade Policy Minister Conor Burns said, Reuters reported.
With just 23 days to go before the United Kingdom is due to leave the world’s largest trading bloc – and with no divorce deal in sight – Prime Minister Boris Johnson’s government is stepping up preparation for a potentially chaotic exit.
London first published a temporary tariff regime before its original leaving date in March, as part of its preparations to leave a bloc it joined in 1973.
The revised plan, which follows feedback from industry, lowers tariffs on trucks, applies tariffs to additional clothing products and adjusts levies on bioethanol to retain support for UK producers of a fuel that is important to critical national infrastructure.
The government has left some protections in place for British producers, for instance carmakers and farmers, while many other industries will face cheaper competition from abroad.
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The Director General of the International Atomic Energy Agency (IAEA) has urged increased cooperation of Iran with the agency, despite the country’s full commitment to the issue.
Iraj Elahi, the ambassador of Iran to India, has said that Iranian President Ebrahim Raisi will pay a visit to India later this year.
The loading and unloading of goods in the ports of Iran increased by four percent in the previous Iranian calendar year 1402 (ended on March 19), as compared to the same period in a year earlier, the data released by the country’s Transport and Urban Development Ministry showed
You might be quick to peel away the skins of your favorite fruits and vegetables to get to that delicious, juicy flesh inside. But that cast-aside outer layer is a treasure trove of nutrients, vitamins, and fiber and adds some delightful texture and depth of flavor to meals
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