Ministry of Finance: Banning Importation of Used Cars is Cabinet's Decision
Khartoum - Minister of Finance Ali Mahmoud Abdulrasol affirmed that the decision of banning importation of used cars is a decision issued by the cabinet and no authority can overrule it.
The minister said the importation of used cars was banned because it led to direct increase on the demand of foreign currency and contributed to increasing demand on spare parts and fuel, add to that they (used cars) are not a productive commodity that contributes to increasing production.
Mahmoud added "The government has allowed the importation of vehicles and heavy machinery that contribute to increasing the productivity level which is the motif of this phase in the country's economic process."
The ministry of trade issued a release in which it said the policy of importing used cars applies to importing passenger and transportation vehicles in addition to heavy vehicles, cranes and winches which conform to the conditions and regulations issued by the concerned authorities.
The minister of trade attributed the decision to ban the importation of small cars to save foreign currency reserves and encouraging the local car manufacturing industry, and he added that used dilapidated cars cannot be benefited from.
The Ministry of Trade's press release pointed out that the regulations of entering used cars are determined by the specialized technical committees that take into consideration all the safety measures and the car's model and quality.
The press release confirmed that the minister did not mention lifting the ban of used sedan cars; this came in the backdrop of the news circulated by some media agencies that the minister of trade has issued a decision to lift used cars importation ban. The President has issued a directive to retain the ban on importing used cars.
On a related account; the economic sector of the cabinet's meeting headed by the minister of finance and national economy Ali Mahmoud discussed the report which details the revenues of exports and imports in the first half of 2012 presented by the deputy governor of the Central Bank of Sudan (CBS) Badr Aldin Mahmoud.
The report indicated the increase in the rates of industrial, animal, and gold exports this year; pointing out that the increase in the imports of machinery and raw materials are considered a positive indicator toward increasing production.
The economic sector of the cabinet stressed the importance of coordinating between concerned authorities and arranging priorities according to the available resources in addition to doubling efforts especially in the production sectors to increase non-petroleum exports and localizing imports.
By Shadia Basheri, 17/07/2012