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Expert: The Need to Join the World Trade Organization

May 23, 2012

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Baghdad, Called economic expert Majid picture to the need to seek Iraq’s accession to the WTO will make a movement as an economic and a great investment in the country.

He said the picture according to the Agency (news): The WTO is made up of a coalition of countries, a global advanced in all fields of economic Kalsnaaah, agricultural, commercial, and the accession of Iraq to gain him the experience of those countries to develop its economy, adding that it would allow Iraq to deal with these countries and cooperation among themselves .

He added the federal government should seek to accelerate the accession of Iraq to the organization because it will create a dynamic and economically significant investment in the country by attracting investment firms to operate in Iraq, noting that any organization a global economic join them by Iraq, it is an asset to the country and its people.

And established the World Trade Organization in 1995, and is one of the smallest organizations the world lived, the successor of the General Agreement on Tariffs and Trade (GATT) established in the wake of World War II, and its primary objective is to help the flow and trade flow smoothly, and freedom, including the World Trade Organization more from (140) members representing more than (90%) of world trade.

To that proposed by the Economic Committee in the House of Representatives Nahida Daini open windows with the broad economic countries of the developed world, to break free from under the neighboring countries of Iraq in economic processes.

Dani said: You should think about how to get rid of the control of Iraq to neighboring countries through trade by opening up the prospects for broad economic with the countries of advanced global, whether European or Asian import of goods to ensure quality and conformity to international standards.

She added that most of the goods coming from neighboring countries, poor and unfit for human consumption, what impact negatively on Iraq in terms of community safety and the depletion of foreign currency, calling for open shows economically developed countries in Iraq in order to bridge the economic cooperation with all countries of the world.

She Daini: that the global industry, particularly Europe known for their goods that they produce is good and with high specifications and distinctive qualities in spite of a difference what it was worth, but Iraq will gain a good commodity died of local needs.

(Source)