WTO? C'mon Baby!!!

[Moonman1963]

Prepartion to Join WTO; Iraq seeks to promote economic & trade relations with different countries to achieve economic integrationPosted: August 19, 2013 in Iraqi Dinar/Politics
Tags: Arab people, Baghdad, Developed country, Economic integration, Economy of Iraq, Iraq,World Trade Organization, WTO

The signing of 80 of the Convention and 55 of the Commission for the development of economic relations

08/19/2013 12:00 AM

Taan: activating the work of the committees to achieve economic integration with the countries

Iraq seeks to promote economic and trade relations with different countries to achieve economic integration, including the achievement of mutual benefit and development of the economic reality and promotion through the signing of 80 agreement with the Arab and foreign countries are different as well the formation of 55 jointcommittee with various countries of the world.

In this context, he said, an economist in the Ministry of Finance Hilal Taan: The stages of economic and trade relations between Iraq and any other country begins phase partnership then progress to reach the stage conventions and then reach the degree of economic integration. projects partnership Iraq signed 80 agreement with several countries on the economic aspect include items of different economic funding projects in the productive sectors of the diverse and provide services including encourages the protection of investment between the two sides established to set up projects important partnership to contribute to the advancement of economic reality, as well as the 55 joint committee with various countries of the world. As announced by the Department of Foreign Economic Relations and Trade Ministry.

said Taan told (morning) that economic integration between any two countries is intended to give facilities on the entry of goods and the free movement of money in addition to the facilities of customs and tax exemptions on goods is mutually beneficial to both countries.

ministerial committees, and pointed out that the economic commissions shared between Iraq and the countries that have been signed with them on economic agreements have been formed from the various ministries and government departments to organize the work of trade exchange and activating the work of customs and pricing tariff, adding that some of these agreements now entered into force with the neighboring countries like Iran, Kuwait and Saudi Arabia Turkey and other countries brotherly and friendly, pointing out that most of the goods that enter the country are under these agreements.

amendment agreements and stressed Taan need to develop economic relations with new countries because Iraq is still a country a consumer and does not issue is oil, noting that there are amendments thereto, the conventions or is canceled or add new items to enhance cooperation whenever the need arises and to serve Iraq and the other side to achieve economic integration. interests of the interface to that stressed academic economic d. Majid Baidhani importance of activating the work of the committees Joint Economic between Iraq and other countries being hurt in the direction of the development of reality economy of the country through the exchange of experiences and interests interfaces.

said Baidhani told (morning) that the work of the joint committees is to give insight into the reality of the local economy and investment opportunities in the agricultural and industrial sectors and other productivity.

Preparations to join for W.TO

He noted that the work of these committees now almost stalled because of studies now taking place between the circles economic Iraqi government level to the issue of Iraq’s accession to the World Trade Organization. and is Iraq’s accession organizations and blocs financial and economic of the key things that are in favor of the economy through the effects of direct and indirect most important to diversify the state’s resources and not rely on oil unite pole in the country’s economy.

Iraq has membership in organizations of different economic Calayrbosaa, UNCTAD and the Union of Arab Banks as well as its presence as an observer member of the WTO and other organizations. drew academic economic need to diversify the economy of Iraq and not to rely on oil pole unite to finance the general budget because this is the most prominent terms of accession to WTO because oil products are not covered interchangeably trade between the members of the organization. said Baidhani need to provide Iraq something of the member states of the WTO, it is not reasonable that does not offer production or product is characterized by all other countries, indicating that it is this section must enter Iraq to This organization because of the reform of its economy battered by the misguided policies that lasted for three decades. follow-up agreements and the Department of Foreign Economic Relations and Trade Ministry to follow up the most important agreements and joint committees and activate the agreements concluded earlier with the countries of the world and to conclude new agreements with countries that are no Iraq Agreement with it. , the ministry said on its website that the agreements signed by Iraq of 80 agreement with the Arab and foreign countries are different, and she also that the department follows the 55 joint committee with various countries of the world. development of the economy and was a member of the Committee on the economy and investment MP Amer winner has stressed the importance of activating economic agreements concluded with the developed countries, which is still disabled because the economic benefit a great country.

said in a press statement: that Iraq was struck in the recent series of economic agreements with various countries the world, especially developed in the fields of industry and agriculture, but it is still disabled. adding that activate these agreements will pour the interests of the two sides of the business processes, stressing that Iraq desperately need to hand the exchange of experiences with the developed countries to develop their economy. increasedwinner has struck Iraq a range of economic agreements with European countries and Asian and Arab countries, but it still is disabled by the government, likely it legislation may need to be legal or perhaps collide with other including legal بمعوقات or routine.

http://bit.ly/1bMHfoN

 

[Yukon Silvermoon]

Whoa, that's EXCELLENT!

[TBomb]

We're not there. Govt interference has stopped this = Maliki

[yota691]

Somewhere in the History of DV is a calendar that stated Iraq review of the WTO was Sept 5 thru the 6 (which  I can't find and I posted and thought I had  it saved) but anyway here the newly  published  calendar..and it not listed..strange...WTO PROGRAMME OF MEETINGS FOR 2013

16 August 2013 02:47 PM

CONFERENCE OFFICE

For conference matters only:

Fax: +41 22 739 57 83

E-mail: Conference.Office@wto.org

This programme of meetings is subject to further changes.

Meetings indicated in this list are therefore confirmed only when convened by an airgram or notice from the WTO Secretariat.

August

23 10:00 Dispute Settlement Body

WTO/AIR/4167

30 10:00 Dispute Settlement Body

September

5 - 6 JEUNE GENEVOIS (WTO non-working day)

9 10:30 GENERAL COUNCIL Fax

17 - 18 10:00 Committee on Regional Trade Agreements

WTO/AIR/4163

17 + 19 10:00 Trade Policy Review Body - Viet Nam WTO/AIR/4164

23 - 27 10:00 Global Seminar on WTO Accessions

24 + 26 10:00 Trade Policy Review Body - Costa Rica WTO/AIR/4162

25 10:00 Dispute Settlement Body

26 10:00 Committee on Agriculture G/L/999

26 10:00 Committee on Rules of Origin

[sandstorm]

Iraq can be in the WTO with an exchange rate of 1166. It doesn't matter what club or click Iraqis in, the rate doesn't have tochange and there's no automatic rv because of it

Edited August 19, 2013 by sandstorm

[bigwave]

Wow - Moonman where have you been hiding out? Thanks for the post.

Iraq can be in the WTO with an exchange rate of 1166. It doesn't matter what club or click Iraqis in, the rate doesn't have tochange and there's no automatic rv because of it

Yea the country of Colombia is in the WTO too and they have a lower value than IQD.......

[SgtFuryUSCZ]

***///

 

1165.50...    Boooo.... Hisssss......

[hame55]

Wow - Moonman where have you been hiding out? Thanks for the post.

Yea the country of Colombia is in the WTO too and they have a lower value than IQD.......

Yes they can with a low rate....but the chances for a high rate grow exponentially with the prospect of joining the WTO

They could deal in dollars as well - but the likelihood of the IQD going international is much greater! 

[ridinhigh]

Now now boys

We get it, great news, but it doesn't mean an instant rv

Thanks!!! ;-D

[ComPLX]

Nobody stated that..but you....that what this process is all about...and when this is all done..all your comments are going make you shine...Like a Big A$$....

WOOOOOOAH.Yota in rare form. If anything, this means they are closer to an internationally traded currency

[Sweet baby dinar]

Go HCL go rv

[vomer]

hopeless

[Kaduku]

Great news, and hopefully they have passed the HCL and being on Article VIII!!!

 

 

 

GOD BLESS FREE AMERICA!

[TBomb]

Saleh discusses the importance of the WTO and Iraq’s eligibility
Posted: August 5, 2013

This article includes adequate answer a question for as long as researchers, planners and economists, to the effect that Iraq is eligible to join the World Trade Organization (WTO)??

 

Then she shed light on the most prominent advantages of accession, and warns that failure to join would affect the work force Iraqi expatriate estimated at one million and a half million employees in all parts of the world and the potential lack of protection heads of Iraqi funds expatriate and exposure to potential narrow your chances of legal defense of their rights, due to its importance the need arises published

 

appearance of Dr. Mohammed Saleh *

built Iraq since 2003 policies open and wide around the world and sought to establish the rules of economic and legislative task of working according to the mechanisms of the market system, as it helped mostly on improving trade Iraq for Foreign Affairs, after the economic blockade lasted for more than a decade and odd time led to the marginalization of Iraq on the map of the world economic order and the denial of opportunities for investment, progress and development and technological knowledge that should have been appointed to cope with the developments and the rapid developments that took place for the international market and change their competitiveness sharply over the past two decades.

Thus, under Iraq suffers from the legacy of isolation from its surroundings international the midst of a world invaded streams merger of his companies and liberalization of its markets and integration, especially financial and sovereignty doctrine neo-liberal which required economic transformations and wide in the field of IT and financial services is consistent with the UN productive activity through the role that took play multinational companies and increased competitive advantage for products that began generated world markets.

 

 

and However, we find in the integration of financial markets, which touched the value of its assets over 850 trillion dollars, is the title of financial globalization and the focus of domination President in the global economy, the neo-liberal is at the same time represented didn Jump hubs of international trade and the introduction shift from the scope of GATT GATT, signed in 1948 to the WTO Agreement on WTO, which focused the last to organize a broad spectrum of trade in services, especially financial services and renamed the Annexes to the Convention on GATS in 1994 based on the rounds of Uruguay.

 

 

While not exceed the global GDP 70 trillion dollars annually at the present time, and also did not increase value of world trade in goods and services annually is the other, but less than a third of global output mentioned above, we find that trade in currency converter and speculation in which more than about 4 and a half trillion dollars a day in the markets, international monetary and financial a trade speculative financial totaling more than the annual more than fifty times the total world trade in goods and services activity.

 

 

In the midst of these changes in the commercial space and the international financial, go Iraq to organizational levels are important in the transition to a market economy to break the effects of isolation of international cross-engage in the area of strong economic liberalism centered in the liberation of the areas of trade Iraq’s foreign goods and services and ways of financing, although volatility or uncertainty organization, as well as areas of progress in financial services and improving the environment for foreign investment through legislation legal banking, investment and the central bank law and amend the Companies Act, allowing foreign banks to operate in Iraq and allows the transfer of capital and currency and in a manner that serves the openness of Iraq on the world conditions of the economy yield a central ungainly in understanding market liberalism, which led with it to provide opportunities for positive and the foundations of legal, regulatory and promising business environment in Iraq. 

 

 

but all that is not enough to put Iraq on the path of economic competition international. because there are still more than five thousand a text legislative impeding economic freedom and market activity, holds the legal community today considered that would spend as modified so that Iraq’s integration in trade and international investment and prepare for accession to the World Trade Organization under the terms of its membership in order to get our country on the MFN and national treatment principle.

paradox oil and agriculture and the problems of joining other in the time that is dominated by the oil production on the proportion of about 60 Palmihmn components of GDP, but he served only 2 percent of the labor force in Iraq.

 

It is interesting that the labor force in the country to combining only 22 percent of the total population who are able and willing to work, which means there is a disruption of a vast in the composition of human wealth produced and the ability to invest, particularly women’s labor force ones that complain of negligence, ignorance and illiteracy on a large scale.

 

 

While a country’s exports of crude oil and returns absolute majority semi percentage of the total export revenue of the general budget and the outcome of the country’s foreign exchange. In the face of all that, the WTO ruled out of crude oil being a commodity within the range of goods that are traded internationally, which still forms the core of the contradiction in Iraq’s accession to that organization, which excludes crude oil.

 

 

If the WTO allowed the introduction into account the oil to leave the price is determined by supply and demand world away from the cartel or consumer groups and the representative of the International Organization for power lines and programs to rationalize the demand for oil. Or away from the cartel or gatherings producers represented by the Organization of Petroleum Exporting Countries (OPEC) and its role in the regulation of production and the impact on prices, which put restrictions price and quantity of a commodity business, but strategic and political at the same time, which is the driving force behind the trade of Iraq’s foreign.

 

 

And on the other side of the Iraqi economy, we find the agricultural sector, which includes one-third of Iraq’s population and about 22 percent of the labor force actual Aashm in GDP, but by not exceeding 5.7 percent at best, making the country almost a net importer of food Aowalsla agriculture. As this important sector, which was the militarization and neglect over the past thirty years, to possess the ingredients sufficient in providing food security of grain or production requirements agricultural after shrinking acreage produced by desertification and salinization, and poor infrastructure in it that overcome the disabling more than 80 percent of the arable land.

 

 

Wan Security grain from domestic production is still available at rates not exceeding 40 percent of the crop of wheat in the best of cases, and almost to channel for varieties other covered by imports almost absolute, such as rice and other field crops.

 

 

Here contradicts the agricultural sector, with the oil sector structural trends in openness to the world market and wings different in terms of the impact of benefits and business costs.

Has become the market forces or global supply and demand controls strongly, both in the demand for oil and its impact on the value of Iraqi exports or in the presentation of the food and its impact on the cost of Iraq’s imports of them.

 

 

And when you return to the philosophy of reducing restrictions customs by 24 percent and the abolition of restrictions customs which the conditions imposed by the World Trade Organization on the Member State in the group of developing countries to work out and apply within a period of six years from the date of accession, as well as the reduction of agricultural subsidies by 13.3 percent during the period of ten years of accession. these conditions collide with market conditions and agricultural food Stock Exchange.

If you look at monopolies the world’s agricultural front of the deterioration of agricultural development in Iraq, we find a real threat to food security restricts the country in case of joining the organization unless preceded by a start racing or walk in the agricultural program for self-sufficiency and we really will need a green revolution along the lines of what was done Mexico and many countries in Latin America.

 

 

Especially if that knew us is that there are between 3 to 6 major monopolistic companies in the world control 80 to 90 percent of trade in agricultural crops and control of prices and quantities, such as wheat, sugar, tea, coffee, cotton, jute … Etc.. At a time still dominated by ten multinational companies to one-third of the production and trade of seeds and pesticides in the world.

 

 

Notwithstanding the foregoing, the entering Iraq and regularity in the space of global economic via the WTO and its dealings with international groups terms apply to everyone technically at a time still when the world divided between northern and southern countries or countries industrial center of Advanced and Pacific developing, what on Iraq from the option to leave the isolation of international inherited since the siege, which began in 1990 and that the situation in Iraq under Chapter VII of the UN Charter even completed on June 30, 2013, which chapter, which did not provide for Iraq, but negative economic environment hostile to development and possibly disruptive for natural integration into the global market.

 

 

Where the prohibition of that chapter and Madarthelath Twenty-year-old levels of investment in advanced technology Awaltaati facilitator where with the world because of the imposed restrictions on our country until very recently being the countries high-risk and threatening world peace and legalization use of force against him despite the demise of the substantive reasons imposed economic sanctions, which on Iraq at the time.

 

 

noting that Iraq’s accession to the areas of regional economic, as a greater Arab free trade and other economic agreements within the scope of the Arab League or other forms of integration and regional integration, it is necessary to take into account the implementation of the provisions contained in the Convention of the Organization and before the World Trade GATT, which became both two limitations are obliged to implement trade agreements.

 

 

Thus, any trade concessions in the framework of regional conventions become without the benefit or if the value is below the facilities provided in the framework of the World Trade Organization. Of elite speak, that Iraq remains isolated from the surroundings international without the availability of a climate of interaction with the market illiteracy and regulations of international, and in particular the World Trade Organization, cost him a lot because of the loss of the benefits and opportunities for regulatory and benefits of technological, legal and other areas of investment, arbitration and ensure that intellectual property rights and to address the plunging commodity, etc.

 

 

It opportunities that Ayufarha his isolation from the world orderly and can not be of a gradual transition to a stable countries and few risks and aspiring to shift towards openness approach to the world, a shift that promotes international cooperation in the investment environment and international trade and regional safe.

 

 

taking into account the importance of Masyuverh Iraq’s accession to the Organization of providing protection for the work force Iraqi expatriate working outside the country and not less than estimates of a million to a million half Operated spreads mostly in parts of the world first, paralleled at the same time the capital of Iraqi expatriate is adrift to some extent, exposed to the potential for exposure and narrow your chances of legal defense their rights, as well as weak bargaining power in the protection of their money, so the lack of availability of national capacity official to defend its interests, or even take advantage of the return in the reconstruction of Iraq.,

 

 

and such a pattern of alienation extreme production factors Iraq, despite the problems suffered its interests in the areas of set up outside Iraq, in many cases, to abuse and the loss of rights, it still her alienatuib with incubator country’s economic and voluntary return to the country as a function of producing effective, but the availability of the ability to integrate official of Iraq in the global trading system and its institutions represented by the World Trade Organization and in accordance with the basis of a negotiated fair .
http://www.alsabaah.iq/ArticleShow.aspx?ID=51426

I cannot find a calendar mentioning and consultations between Iraq and the WTO, specifically (for the rest of this calendar year).

http://www.easyenglish4u.com/iraq-and-the-wto

 

This link has some interesting info on this subject

03/06/2013

Baghdad – The United States and Iraq today announced that the bilateral United States-Iraq Trade and Investment Framework Agreement (TIFA), first negotiated in 2005, is likely to enter into force later this year, providing a bilateral forum devoted to fostering greater trade and investment between our two countries. The announcement follows the Iraq Council of Representatives’ recent ratification of the TIFA text and bilateral meetings in Baghdad this week.

After an exchange of diplomatic notes brings the TIFA into force later this year, the first meeting of the Joint Council for bilateral consultations on trade and investment issues can take place in 2014. Intended to continue efforts to improve the economic relationship between the United States and Iraq, Joint Council meetings will provide a permanent forum for annual senior-level discussions on trade and economic issues including services, transparency, worker rights and intellectual property.

Two-way trade between the United States and Iraq in 2012 was $21.3 billion, with U.S. exports to Iraq at $2.04 billion, and Iraqi exports to the United States at $19.3 billion. Over the past several years, U.S. companies in the energy, defense, information technology, automotive, and transportation sectors have become increasingly active in Iraq.

 

http://www.ustr.gov/about-us/press-office/press-releases/2013/march/US-Iraq-TIFA-progress

Edited August 19, 2013 by TBomb

[sandfly]

THANKS

[Boozer]

What I see is an RV. In Iraq definition SOON ,,, hahahahah

[Dinar_o'saurs]

I found it for you yota....  Here is the link to your post #6

And here is the link to the WTO calendar just as you stated Sept. 5-6, 3rd. Qtr 2013.

Good memory my friend.

 

 

 

Somewhere in the History of DV is a calendar that stated Iraq review of the WTO was Sept 5 thru the 6 (which  I can't find and I posted and thought I had  it saved) but anyway here the newly  published  calendar..and it not listed..strange...WTO PROGRAMME OF MEETINGS FOR 2013

16 August 2013 02:47 PM

CONFERENCE OFFICE

For conference matters only:

Fax: +41 22 739 57 83

E-mail: Conference.Office@wto.org

This programme of meetings is subject to further changes.

Meetings indicated in this list are therefore confirmed only when convened by an airgram or notice from the WTO Secretariat.

August

23 10:00 Dispute Settlement Body

WTO/AIR/4167

30 10:00 Dispute Settlement Body

September

5 - 6 JEUNE GENEVOIS (WTO non-working day)

9 10:30 GENERAL COUNCIL Fax

17 - 18 10:00 Committee on Regional Trade Agreements

WTO/AIR/4163

17 + 19 10:00 Trade Policy Review Body - Viet Nam WTO/AIR/4164

23 - 27 10:00 Global Seminar on WTO Accessions

24 + 26 10:00 Trade Policy Review Body - Costa Rica WTO/AIR/4162

25 10:00 Dispute Settlement Body

26 10:00 Committee on Agriculture G/L/999

26 10:00 Committee on Rules of Origin

 

 

[yota691]

I found it for you yota....  Here is the link to your post #6

And here is the link to the WTO calendar just as you stated Sept. 5-6, 3rd. Qtr 2013.

Good memory my friend.

Thanks Dinar_o'saurs....

[txdinargirl]

promising article - thanks! 

[Texas1]

promising article - thanks! 

Thx txdinargirlwstraps......plus 2

1 4 each strap

[WISKY291]

NICE!!!!

[tennesseem]

THANKS!