Jordan News | Latest News from Jordan, MENA
July 3 2022 12:06 PM ˚
e-paper Subscribe Sign in My Account Sign out

Cheaper car parts still ‘months’ away, association chief warns

(Photo: Freepik)
  • +
  • -
AMMAN  — President of Mechanical Professions Association Jamil Abu Rahma said Wednesday that the government’s recent decision to reduce customs duties will not have an immediate effect on the prices of vehicle spare parts and tires, according to Al-Wakeel.اضافة اعلان

Traders have a stockpile of goods that were purchased prior to the tariff reduction, Abu Rahma said, adding that the price of imported parts has also risen by 10–15 percent due to the COVID-19 pandemic.

It will take three to four months for the public to feel the effects of the reduction in customs duties, he said. He furthermore stressed that traders are abiding by the government’s decision. 

Read more Business