Saudi Arabia Approves Controls Pertaining to GCC Common Customs Law

An employee of the Zakat, Tax and Customs Authority at a Saudi port. (Asharq Al-Awsat)
An employee of the Zakat, Tax and Customs Authority at a Saudi port. (Asharq Al-Awsat)
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Saudi Arabia Approves Controls Pertaining to GCC Common Customs Law

An employee of the Zakat, Tax and Customs Authority at a Saudi port. (Asharq Al-Awsat)
An employee of the Zakat, Tax and Customs Authority at a Saudi port. (Asharq Al-Awsat)

The Saudi government has agreed to new controls regulating customs procedures, with the aim of aligning with the provisions of the GCC Common Customs Law system and its executive regulations.

The Common Customs Law System for the Gulf Cooperation Council (GCC) countries was issued to unify customs procedures and regulations within the GCC, in accordance with the relevant international agreements.

According to information obtained by Asharq Al-Awsat, the new controls seek to clarify and simplify customs procedures for all parties concerned with the import and export of goods, and to indicate the mechanism for implementing all relevant customs procedures.

According to the new regulations, a copy of which was reviewed by Asharq Al-Awsat, personal effects and household goods brought by citizens residing abroad for a period exceeding six months, and foreigners coming to reside in the Kingdom for the first time, are exempt from customs duties.

Parcels and personal postal consignments are also exempted according to the conditions and controls set forth in the Common Guide for Customs Procedures.

In addition, the new controls exempt commercial samples imported into the Kingdom, provided that their customs value does not exceed SAR 5,000 ($1,300).

To benefit from these exemptions, all documents supporting the relevant requests must be submitted in accordance with the statutory periods specified for them.

Goods may be entered and transported to any other place within the country without paying customs duties, after submitting a cash, bank, or documentary guarantee, in accordance with the provisions of the Common Customs Law and its Executive Regulations.



Iranian Oil Tankers Using Forged Iraqi Documents, Iraqi Oil Minister Says

FILE PHOTO: A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi//File Photo
FILE PHOTO: A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi//File Photo
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Iranian Oil Tankers Using Forged Iraqi Documents, Iraqi Oil Minister Says

FILE PHOTO: A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi//File Photo
FILE PHOTO: A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi//File Photo

Iraq's oil minister Hayan Abdel-Ghani has said Iranian oil tankers seized by US forces in the Gulf were using forged Iraqi documents.

The administration of US President Donald Trump has restored "maximum pressure" on Iran, reviving a policy that seeks to isolate the country from the global economy and eliminate its oil export revenue in order to slow Tehran's development of a nuclear weapon.

Abdel-Ghani was asked if he had received messages from the United States over the possibility that state oil marketer SOMO could be subject to sanctions itself over the violation of Iranian sanctions.

"We received some verbal inquiries about oil tankers being detained in the Gulf by US naval forces carrying Iraqi shipping manifests," the oil minister said on state television late on Sunday, adding there had been no formal written communication.

"It turned out that these tankers were Iranian ... and were using forged Iraqi documents. We explained this to the relevant authorities with complete transparency and they also confirmed this."

The Iranian oil ministry did not immediately respond to a request for comment.

Reuters reported in December that a sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for Iran and its proxies has flourished in Iraq in the past few years, including by using forged documentation.

SOMO sells crude exclusively to companies that own refineries and does not supply trading firms, Abdel-Ghani said, adding that several traders were behind the scheme.

"SOMO operates with full transparency and has committed no wrongdoing in the oil export process," he said.