Iraq wants to join WTO

[sessi]

Baghdad, Sept. 13 (AKnews) - A source in the outgoing Iraqi government said on Monday that Iraq is holding negotiations to become a member of the World Trade Organization (WTO).

An Iraqi task force was established in December 2004 to pave the way for the country’s membership in the organization. The task force officially submitted a request to the WTO expressing Iraq’s desire to join the organization.

“Iraq has taken big steps in its efforts to join the WTO especially after talks were held with the member states in the organization,” said Ibrahim Zenjili, a member of the task force.

He said the main duties of the task force are reducing the difference of value between Iraqi Dinar and U.S. dollar and activating Iraq’s private sector.

Zenjili said the major condition set by the member states of the WTO for Iraq to join the organization is Iraq’s foreign debt dossier.

Iraq owes billions of dollars to various countries.

Established in 1995, the WTO deals with the rules of trade between nations. It currently has 153 members.

Reported by Jaafar al-Wanan

Ms/AKnews

http://www.aknews.com/en/aknews/2/180861/

[viper51]

Baghdad, Sept. 13 (AKnews) - A source in the outgoing Iraqi government said on Monday that Iraq is holding negotiations to become a member of the World Trade Organization (WTO).

An Iraqi task force was established in December 2004 to pave the way for the country’s membership in the organization. The task force officially submitted a request to the WTO expressing Iraq’s desire to join the organization.

“Iraq has taken big steps in its efforts to join the WTO especially after talks were held with the member states in the organization,” said Ibrahim Zenjili, a member of the task force.

He said the main duties of the task force are reducing the difference of value between Iraqi Dinar and U.S. dollar and activating Iraq’s private sector.

Zenjili said the major condition set by the member states of the WTO for Iraq to join the organization is Iraq’s foreign debt dossier.

Iraq owes billions of dollars to various countries.

Established in 1995, the WTO deals with the rules of trade between nations. It currently has 153 members.

Reported by Jaafar al-Wanan

Ms/AKnews

http://www.aknews.com/en/aknews/2/180861/

Nice find sessi, This is very good news IMO. Thank you.

[gonefishn]

Awesome news!!!!! things might be looking good. thanks for the post!!!!!!!!!

[dinarette]

Great find, thanks for the post!

[Scooter]

Sessi

That is an exceptional find!!! The posturing for the upcoming ASEM meeting in Brussels is starting already.

Again, thanks for the sharing and speak with you soon.

Best regards,

Scooter

[pefain01]

Thanks for posting-great article! I like this part the best "the main duties of the task force are reducing the difference of value between Iraqi Dinar and U.S. dollar and activating Iraq’s private sector. "

[PAPATOM]

Hello Sessi, how's your goats doin? This is a GREAT find! Thanks for posting. Have you migrated to your French place yet?

they want to equalize the dinar to the dollar!!!! BIG NEWS to admit.....of course that's what we are waiting for....!!!

[ha ha]

Iraq will have to have a tradable International currency before It can join the WTO. As Scooter said, we are very close indeed. Thanks for the post

[adontik]

Great find Sesi, thanks for the postive post!

Peace

[asdddddddddddd]

sweet! this is nothing but good news!

[honugirl]

Baghdad, Sept. 13 (AKnews) - A source in the outgoing Iraqi government said on Monday that Iraq is holding negotiations to become a member of the World Trade Organization (WTO).

An Iraqi task force was established in December 2004 to pave the way for the country’s membership in the organization. The task force officially submitted a request to the WTO expressing Iraq’s desire to join the organization.

“Iraq has taken big steps in its efforts to join the WTO especially after talks were held with the member states in the organization,” said Ibrahim Zenjili, a member of the task force.

He said the main duties of the task force are reducing the difference of value between Iraqi Dinar and U.S. dollar and activating Iraq’s private sector.

Zenjili said the major condition set by the member states of the WTO for Iraq to join the organization is Iraq’s foreign debt dossier.

Iraq owes billions of dollars to various countries.

Established in 1995, the WTO deals with the rules of trade between nations. It currently has 153 members.

Reported by Jaafar al-Wanan

Ms/AKnews

http://www.aknews.com/en/aknews/2/180861/

Definitely needed some good news today! Thanks for this!

[tleite43]

Thanks Sessi, for the encouraging news amoungst much discouragement.

[TR8Man]

Thank you for this update

[mrref]

Baghdad, Sept. 13 (AKnews) - A source in the outgoing Iraqi government said on Monday that Iraq is holding negotiations to become a member of the World Trade Organization (WTO).

An Iraqi task force was established in December 2004 to pave the way for the country’s membership in the organization. The task force officially submitted a request to the WTO expressing Iraq’s desire to join the organization.

“Iraq has taken big steps in its efforts to join the WTO especially after talks were held with the member states in the organization,” said Ibrahim Zenjili, a member of the task force.

He said the main duties of the task force are reducing the difference of value between Iraqi Dinar and U.S. dollar and activating Iraq’s private sector.

Zenjili said the major condition set by the member states of the WTO for Iraq to join the organization is Iraq’s foreign debt dossier.

Iraq owes billions of dollars to various countries.

Established in 1995, the WTO deals with the rules of trade between nations. It currently has 153 members.

Reported by Jaafar al-Wanan

Ms/AKnews

http://www.aknews.com/en/aknews/2/180861/

[/quote]

Correct me if I am wrong but Iraq has to have a tradeable currency before they can join WTO

[cris]

Thanks for the post sessi....go RV already!!!

[VIZIOIRAQI]

http://dinarvets.com/forums/index.php?/topic/31896-iraq-will-become-a-member-of-the-world-trade-organization-soon/page__pid__192409__st__0entry192409

[kamm]

Sessi Thanks for the great post. Things are looking up. Steve

[Traconesu02]

Thanks for the post sessi - Things are moving right along.

We may be closer than we think.

We still need a government seated but who knows if that is not already done too.

And just holding off on announcement until every other piece is in place.

[Doc31]

Correct me if I am wrong but Iraq has to have a tradeable currency before they can join WTO

It would make perfect sense wouldn't it ... seems we are a step closer ... that plus the OFAC release seems to make two steps closer ... TODAY!

Go RI/RV!

Thanks for the post!

Edited September 13, 2010 by Doc31

[Traconesu02]

Continued:

Iraq will become a member of the World Trade Organization soon

Baghdad, A source in the Iraqi government ended their mandates , said Monday that Iraq has made progress in its negotiations to join the World Trade Organization , adding that this will, in time to join soon.

The Task Force Iraq to join the organization was founded on December 13, December 2004 , and only that he had submitted a note to join the organization on 16 September 2005, and the adoption of Iraq's observer at the January 24, 2007 , and began the meetings of the first round of the Working Group In 2007 the second round , followed in 2008, then the third round end of 2009.

A member of the negotiating committee in the Working Group of Iraq, Ibrahim Zndjeli , told the Kurdish news agency ( Akaniwz ) "The Iraqi government made considerable progress in seeking to enter Iraq to the World Trade Organization , especially after he was able to obtain assurances from member states of the Organization. "

"The Committee's main task is to seek to reduce the difference between the U.S. dollar and the Iraqi dinar , as well as activating the role of the private sector , commensurate with the efforts to develop the economy of the country. "

He said it "requires Iraq to open world markets in the Iraq, with the balance customs tariff on goods imported as commensurate with the economic laws in force in the country. "

With regard to problems which impede Iraq's accession to the Organization, Zndjeli pointed out that "Member States in the WTO insists on the need to end the file of Iraq's debt in full, and considers this a prerequisite to allow Iraq to enter as a key member of the Organization.

Was established World Trade Organization under the Convention on TOW Bretton Woods the end of 1944 in the United States, was founded as the International Monetary Fund and the World Bank under the Convention itself, and the organization currently comprises approximately 150 countries.

http://articlesofinterest-kelley.blogspot.com/2010/09/iraq-wants-to-join-wto.html

[joe-dinar]

Great post - Thanks for posting sessi - definitely looks like they are finally heading in the right direction.