Iraq's accession to the WTO ~ Basri: the rule of law is a fundamental factor for Iraq's accession to the WTO
04/04/2011
An economic seminar in Baghdad to discuss the possibility of entering Iraq in the World Trade Organization
Baghdad / agencies
Discussed a number of experts and government officials, Iraq's access to WTO membership, in a symposium hosted by the Institute of economic reform.
Chief Executive of the Institute of economic reform contrary goldsmith in a speech opening the symposium, attended by "The Iraqi Institute for economic reform opens a file on Iraq's accession to the WTO and ask an important issue, namely: Are we now ready as a community economist to join the World Trade Organization."
"The WTO is interested in full commercial matters, therefore, join Iraq in the current phase requires activation of the task of economic laws, such as the customs tariff law, and the Banking Act, and the law of oil and gas, and other important economic laws."
He pointed out that "the private sector did not turn up to the economic maturity did not promote himself, and factory workers turning to additional unemployment, which hinders Iraq to communicate with the general structure of trade in the world."
On the other hand, the trade minister said Khairallah Hassan Babiker in a speech on his behalf that "Iraq continues in its efforts to gain membership in the WTO to the twinning of economic relations with countries of the world's economically developed and commercially, which has a permanent membership in the WTO."
He added that "the Ministry of Commerce, in coordination with the institutions of a country's economic, to open dialogue with the private sector, and to develop a joint mechanism for the advancement of economic reality, which paves the entry in the WTO."
He noted that "there are some economic constraints that develop the need for Iraq business, which would hinder access to Iraq's permanent membership of the Organization".
In turn, said the President of the Economic Committee in the Iraqi parliament Ahmed al-Alwani, who conducted the Economic Forum's (Rn) that "this symposium are of great importance, as it would put the Iraqi economy to the correct path in case the exploitation of the results properly and work to achieve it."
"The role of the Economic Committee in the House of Representatives will be to focus on the development of fact, investment, banking and land titling and the introduction of economic privatization."
He said al-Alwani to that "Iraq's accession to the WTO will provide the ability of marketing high for Iraq and removes the barrier of isolation, economic and trade experienced by the country," adding that "the next stage requires the liberalization of trade restrictions and laws that intersect between foreign trade and domestic trade of Iraq."
For his part, said a member of the Trustees of the Institute of Iraqi economic reform Kamal Al-Basri in a lecture he delivered at the conference, "I try to put a set of questions, notably what is the organization's impact on the countries of the world, and what influence in Iraq, in the event of joining the organization?".
He explained that "Iraq does not win membership of the Organization will contribute to the deterioration of the value of foreign investment, and a decline in total agricultural production and exports decline significantly."
He Basri, said the "industry in Iraq Athzy attention of the Government, therefore, its role in the gross income of the country's rate of 1%, as well as in the status of agriculture, which is not activating the role of agriculture as Almltob yet."
He said the "13 billion acres, according to the latest statistics, ready for planting and sufficient for the domestic production and provide food security, but ignore the state of the Iraqi farmer did not sleep," he said.
He said optical out that "the number of state-owned enterprises with a 192 project that is running the 800 000 workers, and the government unable to pay their salaries," noting that the issue needed to be $ 2 million from the state budget, therefore, Iraq should be to enter the World Trade Organization to develop and reality. "
He explained that "there are two types of problems in Iraq's entry into the World Trade Organization, the ability of capital, technical and other problems."
And invited the Iraqi Ministry of Trade and the United States to support Iraq to join the World Trade Organization WTO .
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