Iraq possesses elements of economic qualify to the World Trade

President of the International Union of businessmen: Iraq possesses elements of economic qualify to انظمام to the World Trade

Date: 02/16/2013 11:00:31 Saturday

Baghdad (news) .. Called on the President of the International Federation for Iraqi businessmen punitive Hamid, to the need to seek انظمام Iraq to the World Trade Organization because of its great advantages for the development of the national economy and raising its standards.
He said punitive (Agency news): The Iraq qualified انظمام to the World Trade Organization because it has significant economic components of the various different sectors, but needs to activate the laws of free market economics to facilitate the process of joining.

He added: Based on the Iraqi economy from officials demanding seeking to Iraq انظمام to this organization because of its great importance to the development of the Iraqi economy and promote trade and economic relations with various developed countries.

He pointed out: that the World Trade Organization has given some flexibility special conditions for joining them to Third World countries, Iraq should use them for the purpose of joining.

The World Trade Organization was 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 the flow and the flow of trade Bslaslh and freedom, and include membership World Trade Organization (WTO) more than (140) members representing more than (90%) of the WTO. / end / 8. n. p /