Efforts are continuing to Iraq's accession to the World Trade Organization

views 25 08/06/2016

With the achievement of the campaign «Made in Iraq» good results, and the government went to the development of the industrial sector through the granting of loans for various projects and after the application of the tariff, the concerned authorities continue their efforts for Iraq's accession to the World Trade Organization as a full member amid calls to intensify efforts to achieve this step.

According to economist Rahim al-Shammari, the «enter the organization requires activation of the industrial base, because the state governing local products suffer from the competition in the market, because the markets are open to the flow of goods from OECD countries.

The Al-Shammari said in a statement quoted by the «morning» that the opportunity to join as a full member, especially after the activation of the tariff law, pointing out that full membership will allow Iraq to submit a lawsuit to the Organization against countries that export to markets shoddy goods to prevent the entry of Iraq, calling on the authorities concerned to intensify moves to accept the membership of Iraq, especially with the trend to promote the industrial sector through inter actions and decisions now you need to be activated.

It is noteworthy that Iraq has submitted a request to join as an observer in the World Trade Organization in 2004 and got the General Council approve the acceptance of the application, and subsequently the Supreme National Committee formed under the chairmanship of the Minister of Commerce and the membership of representatives of relevant ministries and agreements of the World Trade Organization who have and those are the rank of director general or above.

The WTO was established in 1995 and is one of the youngest international organizations age, they Khalifa General Agreement on Tariffs and Trade (GATT), which was established in the aftermath of World War II.

For his part, economist Tawfiq Ali spoke to issue a decision the Joint National Committee of the Iraqi Ministry of Trade to accelerate Iraq's accession to the World Trade Organization needed to be able to export Iraqi source in the Iraqi industry to other countries the same prices that are sold by the States of the Organization.