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Official: The issue of Iraq’s accession to the World Trade Organization is coming soon - 3/05/2024

ronscarpa
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ronscarpa Grand Master

ronscarpa

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Official: The issue of Iraq’s accession to the World Trade Organization is coming soon

Official: The issue of Iraq’s accession to the World Trade Organization is coming soon
 
2024-03-05 // 00:37
 

Shafaq News / Undersecretary of the Minister of Commerce, Sattar Al-Jabri, considered on Tuesday that the issue of Iraq’s accession to the World Trade Organization was imminent, while he stressed that the current federal government would achieve self-sufficiency and not depend on the importer.

 

This came during his hosting of a discussion session on the sidelines of the seventh session of the activities of the third day of the Al-Rafidain Forum 2024 - Baghdad, under the title “Humanizing the Global Economy.”

 

Al-Jabri said during the hosting that the governmental curriculum developed by the Iraqi government is based on a strategy to keep pace with the development taking place in the global economy, as the government signed bilateral international memorandums of understanding in the field of trade and economics.

He stressed that "Iraq is seeking to enter the World Trade Organization, and the issue is coming soon."

 

The Iraqi government official spoke about the issue of import and export, saying: There is no trade balance between exported and imported materials, as the monetary mass was going to other countries, and this is what the current government seeks to address by relying on self-sufficiency.

 

At the beginning of 2024, the Kingdom of Saudi Arabia announced its support for Iraq’s accession to the World Trade Organization, especially after the political obstacles that prevented it were removed.

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Dretown39 Experienced

Dretown39

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18 minutes ago, HowieC said:

They can't come out and say they're members. It will all fall like dominos. JMHO

I have to agree with you. They're very quiet right now & I don't feel like it's a bad thing. If they were denied accession it would have come out by now. 

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Laid Back Grand Master

Laid Back

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Undersecretary of the Minister of Commerce, Sattar Al-Jabri, considered on Tuesday that the issue of Iraq’s accession to the World Trade Organization was imminent, while he stressed that the current federal government would achieve self-sufficiency and not depend on the importer

 

Go Iraq

Go WTO

Go Open market economy 

Go trade

Go economic growth 

Go Stronger dinar

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Dinarrock Mentor

Dinarrock

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6 hours ago, ronscarpa said:

Official: The issue of Iraq’s accession to the World Trade Organization is coming soon

Official: The issue of Iraq’s accession to the World Trade Organization is coming soon
 
2024-03-05 // 00:37
 

Shafaq News / Undersecretary of the Minister of Commerce, Sattar Al-Jabri, considered on Tuesday that the issue of Iraq’s accession to the World Trade Organization was imminent, while he stressed that the current federal government would achieve self-sufficiency and not depend on the importer.

 

This came during his hosting of a discussion session on the sidelines of the seventh session of the activities of the third day of the Al-Rafidain Forum 2024 - Baghdad, under the title “Humanizing the Global Economy.”

 

Al-Jabri said during the hosting that the governmental curriculum developed by the Iraqi government is based on a strategy to keep pace with the development taking place in the global economy, as the government signed bilateral international memorandums of understanding in the field of trade and economics.

He stressed that "Iraq is seeking to enter the World Trade Organization, and the issue is coming soon."

 

The Iraqi government official spoke about the issue of import and export, saying: There is no trade balance between exported and imported materials, as the monetary mass was going to other countries, and this is what the current government seeks to address by relying on self-sufficiency.

 

At the beginning of 2024, the Kingdom of Saudi Arabia announced its support system" rel="">support for Iraq’s accession to the World Trade Organization, especially after the political obstacles that prevented it were removed.

Great news and hope so since Iraq will not be allowed to join until they have a true international tradeable currency!! 

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JonnyV Mentor

JonnyV

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19 hours ago, Dinarrock said:

Great news and hope so since Iraq will not be allowed to join until they have a true international tradeable currency!! 

 

Not doubting you but is that accurate?   They need to have a true international tradable currency to be in the WTO?  

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horsesoldier Grand Master

horsesoldier

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4 minutes ago, JonnyV said:

 

Not doubting you but is that accurate?   They need to have a true international tradable currency to be in the WTO?  

Next year...now does that mean next as in THIS year or next as in NEXT YEAR .. enquiring minds DEMAND an answer. Good luck getting that reply.

As we say in the Cavalry - prepare to standby :salute: 😆 

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horsesoldier Grand Master

horsesoldier

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29 minutes ago, Longtimelurker said:

What would be the point in joining wto if you can't trade? 

Hang on now: whaddya mean injecting logic, reason & common sense into this. Step back mister, you'd better have a long talk with yourself and come to your "senses".

There's a fine line between sanity & madness and your on that cliff edge. 20 years riding this rodeo leads to psychological whiplash & possibly brain damage.

Initial signs are random blackouts and uncontrollable fits of hysterical laughter or flatulence.

It's too late for me but you can save yourself!!!😆 :jester:

 

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steveh12 Community Regular

steveh12

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2 hours ago, horsesoldier said:

Next year...now does that mean next as in THIS year or next as in NEXT YEAR .. enquiring minds DEMAND an answer. Good luck getting that reply.

As we say in the Cavalry - prepare to standby :salute: 😆 

Hurry up and wait! 

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Longtimelurker Grand Master

Longtimelurker

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3 hours ago, horsesoldier said:

Hang on now: whaddya mean injecting logic, reason & common sense into this. Step back mister, you'd better have a long talk with yourself and come to your "senses".

There's a fine line between sanity & madness and your on that cliff edge. 20 years riding this rodeo leads to psychological whiplash & possibly brain damage.

Initial signs are random blackouts and uncontrollable fits of hysterical laughter or flatulence.

It's too late for me but you can save yourself!!!😆 :jester:

 

Sorry bout that Soldier, I'll check myself before I wreck myself lol

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Longtimelurker Grand Master

Longtimelurker

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33 minutes ago, JonnyV said:

 

Vietnam is a member and they trade with a low exchange rate. 

They trade. That's the important part. Iraq won't artificially suppress their currency value because they're not trying to compete with other countries that suppress theirs (China).. A level playing field is coming where that manipulation will prevent then from trading

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