Trade Minister discusses Iraq's accession to the World Trade Organization

[yota691]

Trade Minister discusses Iraq's accession to the World Trade Organization

Wednesday 28 August 2019 - 14:07

BAGHDAD - Conscious

Trade Minister Mohammed Hashim al-Ani on Wednesday discussed with Iraq's ambassador to the US embassy Patrick Dum, Iraq's accession to the World Trade Organization.

"Ani discussed during his meeting with the Minister Plenipotentiary for Economic Affairs at the US Embassy Patrick Dam, ways to develop economic and trade relations between Iraq and America and exchange views on issues of mutual understanding," a statement from the ministry said.

Al-Ani pointed out that "during the meeting discussed the issue of Iraq's accession to the World Trade Organization ( WTO) and the steps taken by Iraq to join the organization and the most important required files related to the process of accession in accordance with the requirements of the current stage, the most important file memorandum of foreign trade policy for Iraq The issue of intellectual property as well as the issue of facilitating the granting of visas to businessmen of both parties. "

He stressed "the keenness of Iraq to develop its trade and economic relations with all countries of the world, especially the United States of America in the light of the government program announced by the Prime Minister and ratified by the parliament, in addition to the importance of developing and developing joint relations at all levels and seeking to open new channels of communication with the countries of the world." .

In turn, the Minister Plenipotentiary Patrick, to "the importance of developing relations and activating them in the economic side," stressing "the importance of the forum, which will be held during the next few months and includes businessmen between the two countries that Iraq has fertile ground encourages investors to enter the Iraqi market and this forum includes all areas Economic, trade, agriculture and industry to other areas. "

 

[Stabstones]

Welcome WTO..

[Half Crazy Runner]

Anybody know if Iraq has ever been a member of the WTO..? 

[Gunnytex]

Observer Status only until Now 

[Stabstones]

13 minutes ago, Gunnytex said:

Observer Status only until Now 

Yes ur rite.. just watching from aside.. 

[Gunnytex]

Or as I like to say ....Voyer Status. 

[navira]

Iraq is not WTO yet guys...they are discussing ways n issues require prior to the accession to the WTO...Cheers all.

[fancy]

5 minutes ago, navira said:

Iraq is not WTO yet guys...they are discussing ways n issues require prior to the accession to the WTO...Cheers all.

Sorry bro did I misread that? I posted this in the Bro thread, sorry bros

[navira]

5 minutes ago, fancy said:

Sorry bro did I misread that? I posted this in the Bro thread, sorry bros

It's all good bro...Cheers always

[Laid Back]

In the last few month iraq has been signing trade agreements with many countries, Prior ascension to the WTO.

The role of world trade organisation is to provide fair platform to its member country to help in service like exports ,imports and conduct their business in a peaceful manner. The advantages to the country being members in world trade organisation(WTO) is that they lower trade related barriers among them.

 

Go Iraq

Go WTO

Go open market economy 

Go trade

Go RV

[Carrello]

8 hours ago, Half Crazy Runner said:

Anybody know if Iraq has ever been a member of the WTO..? 

 

HCR, the WTO began in 1995 and Saddam Hussein was in power for about 30 years, so that brings him in about 1970. We invaded in 2003 and democracy was planted in Iraq, and I believe the first rounds of WTO review began in 2007. The process to gain full membership in the WTO is about 10+ years, so I would say no is the answer to your question.

[Half Crazy Runner]

1 hour ago, Carrello said:

 

HCR, the WTO began in 1995 and Saddam Hussein was in power for about 30 years, so that brings him in about 1970. We invaded in 2003 and democracy was planted in Iraq, and I believe the first rounds of WTO review began in 2007. The process to gain full membership in the WTO is about 10+ years, so I would say no is the answer to your question.

 

Thanks for the info Carrello!! 

[Donziman]

Although WTO has strict rules on currency and fair value in trading,these rules

are often broken. China has under valued their currency for many years and it has helped

them to the giant status they have in the trade world today. This is one of the things that

Trump is trying to correct and should have been dealt with years ago. 

[3n1]

On 8/28/2019 at 8:07 AM, Half Crazy Runner said:

Anybody know if Iraq has ever been a member of the WTO..? 

 

some WTO stuff with Iraq .... cheers 

https://www.wto.org/english/thewto_e/acc_e/nl_e/2017_12_acc_newsletter_e.pdf

[Half Crazy Runner]

4 minutes ago, 3n1 said:

 

some WTO stuff with Iraq .... cheers 

https://www.wto.org/english/thewto_e/acc_e/nl_e/2017_12_acc_newsletter_e.pdf

 

Many thanks 3n1!

[3n1]

Just now, Half Crazy Runner said:

 

Many thanks 3n1!

 

no worries iraq has been a observer wto member for quite awhile full ascension to membership has many aspects and much of it lies with Iraq as we all know iraq is not real transparent about financials and the important things that must be exposed and submitted for full membership to date corruption has been on the front burner with anyone with any importance inside iraq wto full membership does have  accountability ... sorry to digress here's hoping iraq is turning a page in history ....