Trade with the European Union are looking to join the "global organization" procedures



Views 12 Date 08/06/2016 - 21:22

Economy News / Agencies ...

The Ministry of Commerce, said Iraq needs a solid institutions recognized in the world as in some Arab countries, as discussed with the EU Commission to help Iraq to join the World Trade Organization.

The Director General of the Department of Foreign Economic Relations at the Ministry of Commerce Hashim Mohammed Hatem, said the meeting brought together representatives of the Directorate with the President of the EU Commission in Iraq to discuss the requests submitted by Iraq to the European Union mission, which belong to provide aid to Iraq based on a partnership agreement between the two parties. "

He said Hatem, "The meeting witnessed ask a lot of issues that concern Iraq in customs areas in addition to helping Iraq in the technical aspects of joining the World Trade Organization regarding the team trained negotiator in the field of intellectual property rights, as well as to discuss the establishment of recognized institutes possible that awarded certificates concerning intellectual property relating to the granting trademarks or something like that. "

Hatem said that "Iraq needs to possess solid institutions recognized by the nations of the world, as in Lebanon, Egypt and other Arab countries," pointing out that "the meeting will also discuss the financial crisis plaguing Iraq as a result of the current low oil prices."

Hatem stressed that "the two sides and the situation paragraphs of introductory to hold future meetings during the month of September, in addition to a meeting of the European Union with the Iraqi Foreign Minister Ibrahim al-Jaafari, which will hopefully be held during the month of November," adding that "the aim of this meeting is the development of bilateral relations between Iraq and the European Union in order to develop the economic potentials in all fields. "

The WTO, which was established in 1995, is one of the youngest international organizations-lived, as the WTO is the successor to the General Agreement on Tariffs and Trade (GATT), which was established in the aftermath of World War II.

And despite the fact that the WTO is still modern, the multilateral trading system, which was originally set up under GATT has reached fifty years old, the system celebrated the golden jubilee in Geneva on May 19 / May 1998 in the presence of many heads of state and government leaders.
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