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Reduction in customs duty may affect consumers’ purchasing power, says Jordan syndicate

  

Jordan’s Textile and Readymade Clothes Syndicate says, reducing the customs duty to five per cent on clothes and footwear positively affects consumers’ purchasing power.

AsadQawasmi, Representative, Garment and Jewellery Sector says, reducing customs duty will stimulate economic activity and increase tourism shopping in the Kingdom”. It will also encourage people to buy clothes and footwear, and mitigate customs fraud, thereby reducing smuggling, Qawasmi adds

Hala Abdulla, a clothing shop owner in Amman, says, the decision could not cme at a better time as the pandemic has taken a heavy toll on the clothing industry. JawdatAwwad, the owner of multiple clothing stores in Amman, adds, the decision will reduce smuggling and will decrease financial burdens on people working in the sector.

Jordan’s apparel and footwear industry employs around 56,000 individuals and consists of 11,800 facilities operating in different parts of the Kingdom.

 
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