The Arrival of Luxury Cars Ruled Out by Order of the President
6 Articles
6 Articles
The case of importing luxury cars, which has entered a new phase in recent days due to disagreements among government agencies, has been announced by the Minister of Industry, Mines and Trade.
According to the announcement of Minister of Security, the import of luxury cars has been banned by the President and emphasis has been placed on the import of economy cars.
President bans luxury car imports amid whispers of second-hand car imports The post President bans luxury car imports amid whispers of second-hand car imports appeared first on Digiato.
Following criticism of the allocation of foreign exchange resources and in order to prevent capital outflows, Minister Samat announced a ban on the import of luxury cars by order of the President, stressing that from now on, the procedure for importing cars will be followed only in the path of entry of economic products for the general public.
The Central Bank has announced that in the current situation, automobile imports are not a priority for this institution's foreign exchange, and it is not just a matter of allocating government currency or currency from exports.
By order of the president, the import of all luxury cars was halted.
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