Iraq’s entry to the World Trade Organization would hurt the country’s economy
MP Qusay F: Iraq’s entry to the World Trade Organization would hurt the country’s economy
24-05-2013 03:22 PM
Baghdad (news) .. Warned a member of the Committee on the economy and investment MP / coalition in Iraq / Qusay F, the likelihood of damage to the national economy when Iraq’s accession to the World Trade Organization because of the lack of local producer competitor. Gomaa said (of the Agency news): Iraq is now a member of an observer in the WTO , and there are negotiations by the Ministry of Commerce for permanent membership, pointing out that the organization has imposed obligations on Iraq for the purpose of access fully to it. added: that the country at the moment is not formatted economically to enter the WTO, and in the case of joining would hurt the economy because of the lack of product Local, whether industrial or agricultural competitor for foreign products, and therefore executed hopes of a revival of the domestic industry and the advancement of the agricultural sector, and Iraq remains dependent on imports of Foreign Affairs. continued: as well as the non-activation of economic laws the task that has been legislation in the House of Representatives, including tariff and protect the national product, which of functions to facilitate accession to the WTO. This has Ministry of Commerce announced that the Minister of Trade Khairallah Hassan Babiker will head the delegation negotiating for Iraq’s accession to the World Trade Organization membership includes representatives from relevant Iraqi ministries and private sector bodies to negotiate with the {159} member state of the WTO World, where they will be negotiating the files accomplished by Iraq as part of his career to join this organization. Iraq has been trying for years to join the WTO in order to improve his trade and economic. imposed organized several things on Iraq in order to join her as Iraq seeks gradually in order to apply and end all entitlements him to join them. / End / 8. n. r /
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