Iraq denied access to WTO

[vomer]

http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=auto&tl=en&u=http://www.ninanews.com/arabic/News_Details.asp%3Far95_VQ%3DGLMGEM

 

A member of the Economic Commission rule out Iraq's accession to the World Trade Organization

01/09/2014 12:48:00

 

BAGHDAD / Nina / ruled by the parliamentary Economic Committee National Alliance MP Salman al-Moussawi, Iraq's accession to the World Trade Organization this year returned him a long-term project. 

 

He told the National Iraqi News / Nina /, "The World Trade Organization Organization mission includes countries have a long tradition in the global economy and to join them requires possession of all the rules and the laws of economics," stressing that "Iraq does not have all the rules and the laws of economics and the consumer rather than a source ". 

 

He pointed out that "most of the laws of economics / law protect the product and the consumer protection law and the law of the local market prices fixed / and activation of the customs tariff law by partial /, is wide open, which caused the exclusion of Iraq to join the World Trade Organization." 

 

He said al-Moussawi, said that "Iraq is currently an observer member in the World Trade Organization," and called for "efforts to activate all economic laws and encourage local industry and reduce import external to achieve self-sufficiency and Neil join the World Trade Organization." 

 

The WTO is an international organization, whose primary mission is to ensure that trade flows as smoothly as possible and convenience and freedom, which is the only global organization relevant international laws on trade between the nations. The WTO has 159 member countries of the world. / End 8 

 

[Elixirbaby]

Well that sucks

[AmericaInc]

Maybe it's not so bad. They can change their currency without membership in the WTO

 

They can also have a crappy debased currency in the WTO

[jaymar11]

Maybe this will light a fire under their sandals....

[skeetdog]

Thanks vomer...The WTO plays 'Hard Ball' and if Iraq want to play with the Big Boys...They're gonna have to suit up like the Big Boys and play in Big Boy pants....

[captl1]

This article was written on Jan 9, 2014.This is not an official statement from the WTO but a statement from a member of the Economic Commission who in his opinion rule out the accession into the WTO.

[TLHUBER]

Well if they would take less vacations and quit bickering amongst each other maybe they would of been ready to enter the WTO.

Get off your camels and get to work figuring out which way your going to go economically.

Enough already. !!!!

[SocalDinar]

These laws will be a tough sell to Iraq's greedy corrupt politicians.

[MiuraDude]

Is anyone actually surprised about this? I think not.

[JayLay]

Too much too fast. When that happens things are rushed and quality suffers. In this case, the quality being the thoroughness of their recent laws implemented.

Now we wait....again.

[Bunk]

  It Figures, If It Is True...

[Nadita]

Thanks vomer...The WTO plays 'Hard Ball' and if Iraq want to play with the Big Boys...They're gonna have to suit up like the Big Boys and play in Big Boy pants....

That's right. Little boy can't play like big boys

Maybe it's not so bad. They can change their currency without membership in the WTO

 

They can also have a crappy debased currency in the WTO

Agree

[hoof hearted]

Too much too fast. When that happens things are rushed and quality suffers. In this case, the quality being the thoroughness of their recent laws implemented.

Now we wait....again.

To much to fast ? And yet we are still waiting 10 years for the so called RV. Screw Iraq.

[captl1]

This was NOT a statement from the WTO.

[stealthwarrior]

I thought that the WTO was begging Iraq to join just a while back.they have to RV NOW or risk being abandoned by the rest of the world.time has run out for them.

[Shabibilicious]

I wonder if the WTO has velvet ropes and a bouncer checking ID's.    

 

GO RV, and NO BV

[outlawclg]

I wonder if the WTO has velvet ropes and a bouncer checking ID's.    

 

GO RV, and NO BV

Nope, just RVs.....   now where is the valet going to park that thing?

[AmericaInc]

This article was written on Jan 9, 2014.This is not an official statement from the WTO but a statement from a member of the Economic Commission who in his opinion rule out the accession into the WTO.

Thanks, Capt. You are reliable.

 

I have been a captain of a sailing vessel - gotta be reliable.

[Zigs]

Actually it is great, more pressure on Iraq.  According to the person, the big kicker was the "partial" enactment of the tariffs. The rest apparently added up but not by the measure of the tariffs.  Having said this, the article to me is more of the person's opinion why Iraq won't be admitted into the WTO, not an official statement by the WTO.  However his assessment is probably correct.

[captl1]

Thanks, Capt. You are reliable.

 

I have been a captain of a sailing vessel - gotta be reliable.

They like to talk over there ...now if we can just get some action.

[Shabibilicious]

Nope, just RVs.....   now where is the valet going to park that thing?

 

Iraq says to the WTO bouncer   ~   "You're kidding, right?.....You let Botswana in."    

 

GO RV, and NO BV

[MyLadiesDaddy]

First thing I noticed about this article was who was talking. Moussawi , is Maliki's

Iranian thug. And I put him on the same level as Sahla from the CBI back when

Shabbs was in charge. Second thing is how does the WTO affect the dinar? I'm not

sure it's something to be worried about. And finally what we must consider is that

world perception thing. Iraq says there so concerned about world perception and attracting

investors, but when they continue to drag things out like this it clearly says to the world

that we can't get anything done in an appropriate amount of time. I'm calling this

total B.S..

[captl1]

LGD I agree totally  Just wait before too long there will be another article to contradict this one.   And the band played on!

[moneysoon]

I agree, lets see what comes out of the Washington meeting next week.

[Big Newby]

Here is Iraq's "Status" page on the WTO website that shows the process of Membership Application for any/all countries and where Iraq is in that process.  They are officially a "Watch Country" re: WTO status.

 

http://www.wto.org/english/thewto_e/acc_e/a1_iraq_e.htm

 

As Adam has stated previously, there are no currency provisions with Iraq's pursuit of WTO membership that will stop an RV.  Just as there is no provision of WTO status that will keep Iraq out of the WTO because of not having an RV'd status.  The two are not exclusively linked. 

 

Also remember that Iraq has an internationally trade-able currency now.  It's just ridiculously under valued.

 

GO RV!