Iraq calling on specialists and experts to help aid Iraq’s accession to the WTO

Iraq calling on specialists and experts to help aid Iraq’s accession to the WTO

5/6/13

with Iraq near economic blocs World by subscribing to the competent international organizations to trade and support the orientations of the transition to a free market,

increased calls for specialists and experts to pass laws to help organize institutional work, which still depends legislation old has attributed a researcher at the Economic Affairs reasons for the delay Iraq’s accession to the WTO to fear of developing countries, including Iraq’s foot on the application of the requirements to join leaving a negative impact on the economy and led to cases of recession, unemployment and a shortage of state revenue.

explained researcher Accessories Akram Abdul Latif researcher oldest in the Ministry of Planning in her speech (l morning) through its participation in the Economic Forum on the (delayed Iraq’s accession to the World Trade Organization .. liability?) organized by the Iraqi Institute for Economic Reform said the recession affect the ability of the state to public spending, particularly in the fields of education, health, security and social requirements other ..

The agency said that Iraq can not live away from economic blocs because he faces the structure of international economic characterized by changes the dynamic and developments technological enormous influenced the nature of markets and structures, productivity and the nature of international trade. and pointed out that the World Trade Organization came a set of requirements, which aims to liberate international trade and foreign investment and privatization the public sector and curtail the role of the state economy.

said that the reasons for slowing down the development of the Iraqi economy back to the wars experienced by the country and the economic blockade and the security situation is difficult, leading to damage to its potential and competitiveness in all economic sectors, especially the financial and banking sector and the industrial sector and agriculture.

reiterated say: If we compare the Iraqi economy developments secret nature of the global economy we see that each of these sectors the main obstacles plaguing been developing solutions to these obstacles by developing plans for short, medium and long-term treatment indicating that the size of the treatment is not commensurate with the size constraints Despite the issuance of a number of laws and displacement Aat that contribute to the construction of infrastructure, services and the environment, which dealt with the areas of banking, securities and law Alastosmaralajunba and management of public funds and the central bank and agricultural initiative of the Iraqi government, which had a distinct role in the agricultural sector, but did not take a degree of effectiveness required of them in order to overlap the security conditions and their impact on economic conditions on she said.

focused by saying that the treatment requires grandfather Yeh in implementation and patience, communication and continue to address the constraints of each sector separately.

indicated researcher Oldest to negative and positive effects that would ensue as a result the transition from central planning to a market economy, saying that the commitment of the member countries of the organization will lead to the application of rules General conduct business when dealing with countries other members.

There is also the possibility to take advantage of exceptions and exemptions granted by the International Organization for developing countries wishing to join to counter the negative effects of the policy of trade liberalization and economic openness to the outside such as the legislation of anti-dumping and temporary protection for some economic activities, especially in the sector industrial.

said Abdul Latif that among the positives join trade contribute to the achievement of world peace through trade flows easily between countries which Find common interests between these countries and provided a means of constructive and fair to deal with ongoing conflicts.

They noted that the trading system allows areas to deal with trade disputes in a peaceful manner building With the growth in the volume of world trade can increase the proportion of trade disputes, but the multilateral trading system provides tools to resolve such disputes.

confirmed that the more trade liberalization decreased cost of living among peoples Everyone consumer and what we pay in what we consume influenced by policies and free trade and protection of high-cost as that trade liberalization would remove obstacles global tariff and non-كمركية and thus reduce the cost of goods for all whether goods produced a final or ores cheaper will enter in the production of another product.

According to researcher oldest in the Ministry of Planning, not forgetting the negative effects that should not be overlooked is that the economics Developing countries suffer imbalances and many many problems greatly affect its accession to the WTO and the adoption of the economies of these countries on the production and export of commodities such as oil crude, natural gas and minerals, pointing to the lack of an industrial base developed capable of producing different kinds of goods, whether consumer or capital in addition to high volume of external debt in those countries as well as high rates of unemployment.

, and hinted that there are problems of non-economic afflicting the economies of developing countries, including bureaucratic and administrative and financial corruption and institutional weakness and the absence of laws effectively regulate the work of institutional units.

stressed to address those problems before they are joining through policies of economic reform and are included to give a greater role to the private sector through the privatization of part of the facilities, the public sector and its transformation into the private sector.

confirmed that the control of the public sector for decades on the overall economic activity led to the failure in the growth and development as a result of weakness and not achieve the optimal use of material resources The human and financial and Thmalha state budget burden of a large and growing with low productivity and efficiency are absent with the absence or weakness of the private sector to the presence of restrictive laws and regulations to him and the monopoly of the public sector for most of the economic activity, she said.

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