Monday, September 13th
Iraq wants to join WTO
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 US 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.
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 US 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.
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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://www.akhbaar.o...0913-96656.html
Links to Iraq and WTO ...
