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Kidnapping, high taxes are main business barriers: ACCI

AT-KABUL: Afghanistan Chamber of Commerce and Industries (ACCI) on Monday termed abduction, high taxes and visa issuance challenges as the main barriers ahead of traders, urging the government to take measures for solution.

The chamber’s deputy Khanjan Alokozai criticized 25 percent increase in the rate of energy, asking for the revise over the decision to support domestic industries.

“If energy rate goes higher, the domestic industry will fail to compete with imported goods,” Alokozai said.

He welcomed the cabinet’s approval of the supportive tariff draft for domestic industries, calling that a good measure to improve homemade products.

“The draft will remove tariff over machineries of the factories,” ALokozai said.

The custom taxes have been also decreased to 2.5 percent over produced goods, he noted.

He warned that Afghanistan was at the brink of economic crisis, asking the government to hold supportive programs to eliminate poverty.

Taxes increased and procedures have been complicated as much as previous, which can negatively impact over investment and economic growth in the country, he added.

He said that ACCI has reported the challenges often to the government, but still not received positive response as expected.

ACCI will keep trying to report the challenges to the government and seek solution, he underlined.

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