Exportation of Iraqi Scrap Metal

FOR IMMEDIATE RELEASE Press Contact: Sam Whitfield (on behalf of the Ministry of Trade) whitfields@orha.centcom.mil Wednesday, April 28, 2004 Trade Contact: Mike O’Shea osheam@orha.centcom.mil Exportation of Iraqi Scrap Metal As previously announced, the Minister of Trade has granted a General License to Export Scrap Metal from April 30, 2004 until December 31, 2004 on payment of a Scrap Metal Export License Fee currently set at ID 50,000 per metric ton. No physical license is required. To better clarify the process in which scrap metal can be exported from Iraq the following conditions are as follows: 1. Any Iraqi or foreign company can export scrap metal from Iraq. 2. Any quantity can be exported. 3. Payment for export license. The license fee can be paid at any one of the bank branches listed below. The banks may charge a small bank fee for this service. Additional banks will be added to this list over time. This information will be published in the Official Gazette and on the Ministry of Trade website www.motiraq.org . Location Basra Najaf Karbala Diyala Kirkuk Mosul Amarah Name Rafidain Bank Rafidain Bank Rafidain Bank Rafidain Bank Rafidain Bank Rafidain Bank Rafidain Bank Rafidain Bank Rafidain Bank Rafidain Bank Branch Head Office Al-Hay Al-Araby Al-Ziwiya Al-Basra/2 Al-Najaf Al-Shuhada Diyala Kirkuk Mosul Amarah 4. Procedure for exporting scrap – after paying the fee and receiving the bank receipt, the exporter should take the original receipt to the Iraqi Customs Service on the border to complete the procedures for export. Exporters must wait five (5) days before proceeding to the border with shipments. A separate payment must be made for each shipment. It is not possible to use the same receipt for more than one shipment. 5. Iraqi Customs Service will assess the weight of the shipment based on a weighbridge document. 6. Iraqi Customs Service has the right to re-weigh shipments. 7. Iraqi Customs Service will check that your receipt is valid and will check the amount that you wish to export against the amount that you have paid. 8. An exporter has the right to export any additional quantity of scrap upon payment of an additional fee. 9. The bank receipt will remain valid until December 31, 2004. No refunds will be made. 10. Border Crossing Points - scrap metal can be exported via the following points only: Jordan Trebil Syria Al-Waleed Turkey Ibrahim Khalil Iran Muntheria Saudi Arabia Ar Ar Kuwait Safwan Rest of World Umm Qasr 11. Changing the nominated border crossing point is not permitted once payment has been made.