Damascus, SANA – The People’s Assembly approved on Thursday the bill of the internal trade and consumer protection law.
The law aims at tightening penalties and fines imposed on offenders who manipulate prices and monopolize commodities to come to appropriately controlling the markets.
The law compels owners of commercial, industrial and service businesses to announce the prices of commodities and goods and commit to the rules of supply and demand and legal competition.
According to the law, an imprisonment sentence of no less than six months and/or a fine of SYP 250.000 will be imposed for adulterated human and animal food and agricultural crops put up for sale.
The Assembly also endorsed a draft law on exempting the industrialists and craftsmen in the industrial cities with expired building permits from the fees imposed for renewing the permits.
Reem/H.Said