Iraq looks for WTO membership; Pleads for flexibility

The President of the International Union of business said that Iraq has elements of economic qualify for joining the World Trade.

Hamid, the President of the International Federation of businessmen Iraq, said punitive to the requirement of seeking for the accession of Iraq to the World Trade Organization because of its great advantages for the growth of the national economy and raising its standards.

He stated punitive Iraq did qualify for joining the World Trade Organization because it has got the elements of great economic various different sectors, but requires activating the laws economy free market to facilitate the accession process.

And he also added that based on the economy of Iraq from officials claiming seeking to accession of Iraq to this organization because of its great significance to the growth of the Iraqi economy and promote trade and economic relations with several developed countries.

He also indicated that the World Trade Organization (WTO) has given some flexibility conditions of accessions to the private to third world countries, for Iraq exploited for the purpose of accession.

The World Trade Organization (WTO) was in the year 1995, and is one of the smallest organizations international age where the WTO is the successor to the General Agreement on Tariffs and Trade (GATT), which was set up in t he wake of World War II, and its overriding aim is to help out the flow and the flow of trade Bslaslh and freedom, and it includes membership World Trade Organization (WTO) above 140 members representing more than 90 % of the WTO.