Academy: Iraq needs for (15) years to be eligible to join the World Trade Organization (WTO)

Academy: Iraq needs for (15) years to be eligible to join the World Trade Organization (WTO)

Date: 12/27/2012 12:56:06 Thursday

Baghdad (news) .. Suggested academic at the University of Mustansiriya Hamid al-Musawi, holding an economic conference expanded about the possibility of entering Iraq to the World Trade Organization and to identify mechanisms that qualify to join.
Moussawi said (of the Agency news): Iraq needs to a convergence of (15) in to be eligible to join the World Trade Organization, the fact that the infrastructure of the country is still not prepared, as well as a significant increase in the cost of domestic production of goods and materials scarcity of raw materials within the local industry, in addition to weak competition of local products with foreign. added: must hold an economic conference expanded includes a selection of experts and specialists in the economic field to discuss how Iraq’s accession to the World Trade Organization and gains international through the development of mechanisms and plans for the advancement of economic sectors and creating sustainable development in the country. pointed to: that the World Trade recognize competition and Iraq today lacks domestic goods which can compete with foreign goods, Due to treated by industrial and deteriorating infrastructure. Founded WTO in 1995, and is one of the smallest organizations global age where the WTO is the successor to the General Agreement on Tariffs and Trade (GATT), which was established in the wake of World War II, and its overriding goal is to help Flow and flow Bslaslh trade and freedom, and include membership in the World Trade Organization more than (140) members representing more than (90%) of the WTO. / end / 8. d. Q /

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