Iraq seeks support from Pakistan in its accession negotiations to world trade

[yota691]

A "road map" for Iraq's accession to the World Trade Organization

Tuesday 02 November 2021 258

 Baghdad: Omar Abdul Latif

 

The Federation of Iraqi Chambers of Commerce revealed a "road map" for joining the World Trade Organization, calling for the amendment of some important laws in preparation for obtaining membership in the World Trade Organization.

The head of the union, Abdul Razzaq Al-Zuhairi, told Al-Sabah that Iraq has been seeking for ten years to obtain membership in the World Trade Organization by holding intensive meetings with the competent authorities to discuss this file.

Al-Zuhairi summarized Iraq's needs to join this organization with three points. The first includes amending some laws and setting plans that jump the country from 172 to 120, according to the global ranking, and second, the World Bank's indicators for the country must be positive.

He added, as for the third point, it confirms that the country's budget is approved without some of its paragraphs being challenged by the Federal Court, in addition to the need for its law to include a number of strategic projects.  

He pointed out that Iraq is characterized by an investment environment, funds and a position that qualifies it for economic progress, noting that joining this organization will improve Iraq's image among the countries of the world. 

Regarding the union’s obtaining the membership of the Executive Committee of the Federation of Arab Chambers of Commerce, Al-Zuhairi affirmed that it will contribute to Iraq’s entry into the Arab economic system, after it had been absent from it for a long time, pointing out that the step would serve the economy through Arab trade exchange and transport operations. 

and transit.

Regarding the meeting of the Arab Chambers of Commerce, which was hoped to be held in Baghdad this month, the head of the Federation of Iraqi Chambers of Commerce stated that countries had requested a postponement due to the situation in the region or in Iraq, which gave an indication and a non-positive impression on the economy country.

[yota691]

They still have some work to do..GM DV

[Half Crazy Runner]

35 minutes ago, yota691 said:

They still have some work to do..GM DV

Thanks @yota691!  Yes, it looks like they still have work to do … 

Funny, a year ago they were saying they’d be in the WTO “in early 2021” 🤷🏻‍♀️

[goldwinger57]

or was it ..."soon"

[yota691]

Iraq Begins The First Steps To Join The World Trade Organization
ECONOMIC
02/11/2021 | 10:45 AM

 0

The Information/Baghdad..
The Federation of Iraqi Chambers of Commerce revealed, on Tuesday, a “road map” to joining the World Trade Organization, calling for the amendment of some important laws in preparation for obtaining membership in the World Trade Organization.
The head of the Union, Abdul Razzaq Al-Zuhairi, said in an interview seen by "The Information", that Iraq has been seeking for ten years to obtain membership in the World Trade Organization by holding intensive meetings with the competent authorities to discuss this file.
Al-Zuhairi summarized Iraq's needs to join this organization with three points. The first includes amending some laws and setting plans that jump the country from 172 to 120, according to the global ranking, and second, the World Bank's indicators for the country must be positive.
He added, “As for the third point, it confirms that the country’s budget is approved without some of its paragraphs being challenged by the Federal Court, in addition to the need for its law to include a number of strategic projects,” noting that “Iraq is characterized by an investment environment, money and a location that qualifies it for economic progress, as well as Joining this organization will improve Iraq's image among the countries of the world."
Regarding the union’s membership of the Executive Committee of the Federation of Arab Chambers of Commerce, Al-Zuhairi affirmed that it “will contribute to Iraq’s entry into the Arab economic system after it was absent from it for a long time, pointing out that the step will serve the economy through Arab trade exchange operations and the movement of transport and transit.”
And about the meeting of the Arab Chambers of Commerce, which was hoped to be held in Baghdad this month, the head of the Federation of Iraqi Chambers of Commerce stated that “countries requested a postponement due to the situation in the region or in Iraq, which gave an indication and a non-positive impression on the country’s economy.” finished/25

[HowieC]

An Iraqi delegation visits Geneva to discuss joining the World Trade Organization

November 22, 2021 07:44 PM

 

Mubasher: The Iraqi Ministry of Trade revealed, today, Monday, an upcoming visit of its minister to Geneva to discuss Iraq’s accession to the World Trade Organization, while indicating that Iraq needs to pass laws and legislation to support its position internationally.

The official spokesman for the Ministry of Commerce, Muhammad Hanoun, told the Iraqi News Agency "INA", that the Ministry of Trade is mobilizing its efforts towards Iraq's accession to the World Trade Organization, and its minister and at the head of a government delegation will go to Geneva next week to reach an agreement with European trade ministers and European countries regarding accession. .

And he stressed, that Iraq is looking forward to ending the file of Iraq's accession to the World Trade Organization soon, pointing out that "the accession process is complex and contains great and many conditions."

He pointed out that Iraq needs to pass laws and legislation on many issues, including the economy, customs, and other required details and controls.

He explained that the Ministry of Commerce has prepared an integrated file and we hope to discuss it with the European side with a view to joining the organization.

https://www.mubasher.info/.../%D9%88%D9%81%D8%AF-%D8%B9.../

[Laid Back]

Iraq continues moving towards an open market economy 

 

WTO > International Trade > Imports / Exports.

 

Go Iraq 

Go open market economy 

Go stronger dinar 

[yota691]

Omicron's panic delays WTO conference

Attention now turns to the World Health Organization, whose 194 members are due to discuss a pandemic treaty next week. 

 Kurdistan24 Erbil   08:51 2021/11/27

       

archive photo

 

 

Erbil (Kurdistan 24) - The World Trade Organization (WTO) has announced the postponement of its first ministerial conference in four years, due to the emergence of the worrisome protozoan Omicron.

After an emergency meeting, the 164 WTO members agreed to postpone the 12th Ministerial Conference "indefinitely" in the wake of the Omicron outbreak.

"This does not mean that negotiations should stop, but on the contrary," WHO Director-General Ngozi Okonjo-Iweala said in a statement.

The World Trade Organization is the first international organization in Geneva to bear the consequences of the emergence of the mutant omicron, which was initially spotted in South Africa and classified by the World Health Organization as “alarming” a few hours before the WTO ministerial meeting was postponed.

Attention now turns to the World Health Organization, whose 194 members are due to discuss a pandemic treaty next week.

Initially, this ministerial conference was scheduled to be held in Kazakhstan in June 2020, but it was postponed after the first cases of Covid appeared at the end of 2019.

[jg1]

No worries. Come on man, have your conference.

Omitron has mild symptoms.

 

https://www.thegatewaypundit.com/2021/11/update-south-african-doctor-discovered-omitron-variant-says-nothing-worry-mild-symptoms-video/

 

[ronscarpa]

23 hours ago, jg1 said:

No worries. Come on man, have your conference. Omicron has mild symptoms.

https://www.thegatewaypundit.com/2021/11/update-south-african-doctor-discovered-omitron-variant-says-nothing-worry-mild-symptoms-video/

 

After an emergency meeting, the 164 WTO members agreed to postpone the 12th Ministerial Conference "indefinitely" in the wake of the Omicron outbreak.

 

What outbreak ... some reported cases of a mild flu.  Every cold & flu virus are covid viruses. It's just that covid19 was manufactured and came out of China.

 

I totally agree with you jg1 ... have the conference and get Iraq into the WTO asap..! Ron 

 

[yota691]

The World Trade Organization has reached an agreement to regulate trade in services at the international level

 

 December 03, 2021 12:25 AM

Riyadh - Mubasher: The World Trade Organization, the United States, the European Union and 65 other countries agreed today, Thursday, on a new treaty to ease restrictions on trade in services between countries.

The Organization for Economic Cooperation and Development indicated that the agreement aims to increase the transparency and efficiency of international rules regulating the work of service providers, especially in the areas of financial services, communications and transportation, according to the Saudi News Agency, "SPA".

According to the organization, the agreement could reduce the cost of trade in services in the world by up to 150 billion dollars annually.

It is noteworthy that the signatory countries to the agreement together represent about 90 percent of the total trade in services in the world, and non-member countries will also benefit from the agreement because it is implemented according to the rule of the most favored countries.

[yota691]

The World Trade Organization has reached an agreement to regulate trade in services at the international level

World Trade Organization - archive

 December 03, 2021 12:25 AM

Riyadh - Mubasher: The World Trade Organization, the United States, the European Union and 65 other countries agreed today, Thursday, on a new treaty to ease restrictions on trade in services between countries.

The Organization for Economic Cooperation and Development indicated that the agreement aims to increase the transparency and efficiency of international rules regulating the work of service providers, especially in the areas of financial services, communications and transportation, according to the Saudi News Agency, "SPA".

According to the organization, the agreement could reduce the cost of trade in services in the world by up to 150 billion dollars annually.

It is noteworthy that the signatory countries to the agreement together represent about 90 percent of the total trade in services in the world, and non-member countries will also benefit from the agreement because it is implemented according to the rule of the most favored countries.

[yota691]

Iraq seeks suppor t from Pakistan in its accession negotiations to world trade

•  Time: 12/14/2021 14:59:13
•  
•  Reading: 546 times

 

  

{Local: Al Furat News} Minister of Commerce Alaa Ahmed Al-Jubouri called, on Tuesday, the Pakistani side to the importance of supporting Iraq’s position in the negotiations it is conducting with the World Trade Organization to join it, and urging Pakistani companies to participate in international and specialized exhibitions inside Iraq.

And the media of the Ministry of Commerce said in a statement that {Euphrates News} received a copy of it, that “the latter met in his office today, the Pakistani ambassador in Baghdad, Ahmed Amjad Ali, while the two sides discussed during the meeting the importance of activating economic and trade relations between the two countries and working to increase the volume of trade exchange and find mechanisms A new approach to dealing between the Iraqi and Pakistani private sectors through establishing real partnerships between them."

Minister al-Jubouri stressed, "Iraq seeks to activate its economic and commercial relations with all countries of the world and benefit from economic expertise in this field, and through this we seek to enter the Iraqi private sector with real partnerships," stressing at the same time the importance of the Iraqi-Pakistani Committee holding its meetings in order to finalize the All files related to the two countries, as well as the importance of its role in developing bilateral relations.

Al-Jubouri explained, during the statement, "the importance of holding the specialized exhibition of Pakistani products to be held early next year, and the importance of presenting all Pakistani industries in their various fields to the Iraqi private sector and encouraging the entry of Pakistani companies into investment projects inside Iraq." 

He called on the Pakistani side to support Iraq's position in the negotiations it is conducting with the World Trade Organization to join it, and urged Pakistani companies to participate in international and specialized exhibitions inside Iraq, especially those held on the grounds of the Baghdad International Fair, and to work on exchanging visits of trade and economic delegations to consolidate bilateral relations and revitalize the sector Iraqi Special.

In turn, "the Pakistani ambassador confirmed the desire of his country's government to develop economic and trade relations with the country in light of the developments in the Iraqi economy," stressing that "Pakistan will hold two exhibitions in Baghdad and Erbil early next year that include displaying all Pakistani products and industries as an opportunity for the exchange of ideas and opinions between the private sector in Both countries, and we aspire to activate the level of cooperation with Iraq."

[yota691]

Iraq and Pakistan discuss strengthening economic partnership and activating the private sector

 

Minister of Commerce Alaa Ahmed Hassan

Material uses Economy News - Baghdad The Minister of Commerce, Alaa Al-Jubouri, discussed with the Pakistani Ambassador to Iraq Ahmed Amjad Ali, on Tuesday, strengthening the economic partnership and activating the private sector. A spokesman for the Ministry of Commerce, Muhammad Hanoun, said that "the Minister of Commerce discussed with the Pakistani ambassador the strengthening of trade and economic relations between the two countries and the creation of new mechanisms to deal with the private sector and the establishment of real partnerships," according to "conscious." He pointed out that "the Minister of Trade, Alaa al-Jubouri, stressed that Iraq seeks to activate economic relations with all countries of the world and benefit from economic expertise in this field and the importance of holding the Iraqi-Pakistani Joint Committee for its meetings and resolving all files related to the two countries," stressing "the importance of holding a specialized exhibition for Pakistani products." Which is scheduled to be held early next year, in which Pakistani industries will be displayed." Al-Jubouri stressed "the importance of encouraging Pakistani companies to invest in the Iraqi provinces and participate in international exhibitions held by Iraq and the importance of supporting Iraq's position in negotiations with the World Trade Organization to obtain full membership in the organization." For his part, the Pakistani ambassador affirmed his country's government's desire to develop economic relations with Iraq, noting that "Pakistan will hold an exhibition in Baghdad and Erbil early next year, which aims to activate the level of cooperation between the private sectors of both countries and to develop and activate economic relations with Iraq."

Views 90   Date added 12/14/2021

[ronscarpa]

Thanks ... some international progress..!

[horsesoldier]

On 11/3/2021 at 5:48 AM, goldwinger57 said:

or was it ..."soon"

 
“ in the near future or just around the corner “ works just as well. Both are very non committal to any timeframe. They might be “ working “ towards acceptance to the WTO  for many moons.

 

Shouldn’t they as they had said already been in the WTO in 2021 ?? I didn’t believe it then so I’m certainly not disappointed nor surprised “ they still have work to do”