Cashmere Export Custom Tax is Reduced to Zero

The Parliament spring session has been discussing many policies regarding the lives of herders and livestock and its product market. According to the Parliament Session of earlier this week, the matter of reducing the customs tax of some export products were discussed and decided. One of the export product was cashmere and the Draft Law was initiated by the President. The issue was supported by Budget Standing Committee yet Democratic Party Group viewed it as giving the cashmere free of charge to the Chinese and it would an act of discarding 4000 people who are working in the sector. However, the Parliament decided that it shall improve the lives of herders and therefore, approved the Law to Reduce the Cashmere.

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