Commerce Department: Iraq needs a solid institutions recognized in the world

Commerce Department: Iraq needs a solid institutions recognized in the world

June 8, 2016

Commerce Department - Iraq needs a solid institutions recognized in the worldThe Ministry of Commerce confirmed that Iraq needs a solid institutions recognized in the world as in some Arab countries, as discussed with the EU Commission to help Iraq to join the World Trade Organization.

The Director General of the Department of Foreign Economic Relations at the Ministry of Commerce Hashim Mohammed Hatem, said the meeting brought together representatives of the Directorate with the President of the EU Commission in Iraq to discuss the requests submitted by Iraq to the European Union mission, which belong to provide aid to Iraq based on the partnership between the two parties agreement.

He said Hatem, that the meeting witnessed ask a lot of issues that concern Iraq in customs areas in addition to helping Iraq in the technical aspects of joining the World Trade Organization regarding the team trained negotiator in the field of intellectual property rights, as well as to discuss the establishment of recognized institutes possible grant certificates concerning intellectual property relating to the granting trademarks or something like that.

Hatem He said Iraq needs to possess solid institutions recognized by the nations of the world, as in Lebanon, Egypt and other Arab countries, pointing out that the meeting also discussed the financial crisis plaguing Iraq as a result of the current decline in oil prices.

Hatem confirmed that the two sides situation paragraphs of introductory to hold future meetings during the month of September, in addition to a meeting of the European Union with the Iraqi Foreign Minister Ibrahim al-Jaafari, which will hopefully be held during the month of November, pointing out that the aim of this meeting is to develop bilateral relations between Iraq and the European Union in order to develop the economic potentials in all fields.

The WTO, which was established in 1995, is one of the youngest international organizations-lived, as the WTO is the successor to the General Agreement on Tariffs and Trade GATT, which was established in the aftermath of World War II.

And despite the fact that the WTO is still the modern multilateral trading system, which was originally set up under GATT has reached fifty years old, the system celebrated the golden jubilee in Geneva on 19 Mayooaar 1998 in the presence of many heads of state and government leaders.