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Will WTO Allow Iraq Membership At Existing ER?


Luigi1
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Here's an article of Dinarian interests...

Can Iraq become a member of the WTO with existing ER.

South Korea has a similar ER...has been a member for decades.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

Pimpy:   WTO.

ARTICLE: The WTO isn’t going to let them in unless they change their exchange rate.  That’s false.  They have many members in there with even worse currencies than the Iraqi dinar…Vietnam is one of the members & they’ve been in there since 1950…For every US dollar you get 23,540 Vietnam Dong.   To say they have to increase your exchange rate in order to be a member of the WTO is false.

 

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Here's two article related to the above....

 

 

CandyKisse:    After His Vacation Is Over..  House Prepares To Pass 3 Prominent Laws.

ARTICLE:  Al-Fahd said to a news agency that: “The parliamentary committees intend after the end of the legislative holiday to approve the communications law, the investment law & the national security law, all of which serve citizens.”   He added, “The current parliamentary session presented a number of important laws that serve citizens, foremost of which is the Social Security Law & the Tripartite Budget Law, which, despite much talk about it, paid attention to the service aspect of it”   “This session aspires to provide significant legislative & supervisory work,” Al-Fahd stressed.    

 

Another topic of interests...

Tishwash:    Next week, Iran will officially join the Shanghai Cooperation Organization.

ARTICLE:  Russian Foreign Minister Sergey Lavrov announced, on Friday, that Iran will officially join the Shanghai Cooperation Organization next week, along with China, Russia & Central Asian countries.   “During the meeting of presidents on July 4, Iran’s full membership will be approved,” Lavrov said at the inauguration of the organization’s center in Moscow.   The minister indicated that the meeting will also witness the signing of a memorandum of understanding regarding the “obligations” of Belarus, an ally of Russia, which is scheduled to “also launch a path for full accession” to the organization.  


 

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13 hours ago, Luigi1 said:

Pimpy:   WTO.

ARTICLE: The WTO isn’t going to let them in unless they change their exchange rate.  That’s false.  They have many members in there with even worse currencies than the Iraqi dinar…Vietnam is one of the members & they’ve been in there since 1950…For every US dollar you get 23,540 Vietnam Dong.   To say they have to increase your exchange rate in order to be a member of the WTO is false.

Since 1950 huh? That's almost 73 years and the Dong still remains 23,540. Hey pimp, do you think the rate for Iraqi dinar will remain the same as the Dong for 73 years or more?

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