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Iraq: Government announces support for asphalt producers

Description

On 24 December 2024, the Iraqi government announced its support for local asphalt producers. The government will subsidise black oil at half the international market price for 6 months. The decision w...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Dec 2024

Revocation date

24 Jun 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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