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wweights Iraq's accession to the WTO after ten years

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weights Iraq's accession to the WTO after ten years

Progress in the talks and the meeting recommended to seek to increase the country's exports at the expense of imports

BAGHDAD - Al Sabah

Left a meeting in Baghdad yesterday, on the mechanics of Iraq's accession to the WTO, an agreement to speed up legislation of laws to revive the economy and seeking to increase exports at the expense of imports. And comes with good weights simultaneously to enter the country to the world organization after ten years.

The Iraqi Center for Economic Reform panel discussion on Iraq's entry into the WTO, together with representatives of the prime minister and a number of members of parliament, the private sector and economic experts, where they were at the seminar raised the pros and cons of the country's accession to the WTO said.

Albulada MP full member of the Committee on the economy and investment in the Council Representatives and one of the participants in the symposium, in an exclusive statement of the "morning": that the seminar addressed many aspects of the most important pros and cons of Iraq's entry into the World Trade Organization.

She added that "Most of the papers that were raised were important and positive for Iraq's accession to the organization and grew optimistic about the very large gains to be achieved through Iraq's entry into WTO", indicating the "Iraq is currently in negotiation and there are a lot of files that must be submitted by including the file goods and services and the files that belong to trade policy. "

Albulada pointed out that "the laws and regulations must be adapted to fit well with the entry into Iraq and joining the organization as one of the most important requirements for the advancement of the country's economy," she said, adding that "the accession process may require time and we are not with the speed up because of Iraq must achieve gains from the process of entry Otherwise, it will be many commitments to be activated, such as industry and agriculture ", hinting at the same time that" the accession process meant to expand the volume of trade must be to stand with Iraq will be for export compared to what the market will come to Iraq. "and revealed" the existence of several laws related to accession to the Trade Organization, to the two existing economic and financial, "she said," We are currently working to accelerate the completion of laws and legislation, especially the Customs Tariff Law, which is one of the most important laws that need to meet to study, "said afterthought:" The remainder of the term of the House of Representatives, however, Omar sufficient to pass all these laws and, therefore, these are one of the impediments to entry into the WTO."
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The government has confirmed that Iraq has all the ingredients to join the World Trade Organization, and access to the full membership will bring significant benefits to the country, especially in the economic and commercial fields, in addition to activating the role of leading the national economy in its international and regional levels.

For his part, Dr. Mohammed Jamil a large stock of experts in the Ministry of Agriculture and a member of the National Committee to join the World Trade Organization: "The seminar addressed the pros and cons that come at the expense of the Iraqi economy, the income of the organization."

The stock of the "morning": that Iraq is still an observer, because there is no significant commitments should be achieved for the purpose of obtaining membership in the negotiations, and the key issues requested by the World Trade Organization requires that the government to change many of the legislation pertaining to domestic trade legislation, foreign affairs, finance, investment and ease the entry of investors and the quality control laws and goods entering and leaving the country, "he said, expected to last ten years of the accession process, as will the government during this period to carry out the required reforms, whether structural or institutions or patterns of agricultural production or industrial activities, or staffed by Iraqis.

He explained that "the terms of the organization which many of the aspects that Iraq can take advantage of them, especially as there are exceptions for developing countries to support agricultural production and the limits of 10 percent or more, with the research and agricultural extension and basic things, particularly Iraq and dealing with the WTO as a trade through stimulate the private sector and support the National Committee to join the organization.

And formed the World Trade Organization (WTO) in 1995, a global organization based in Geneva, Switzerland, and the basic function is to ensure the smooth flow of trade as smooth as possible and the ease and freedom, the organization shall be the sole global international laws on trade between nations, the Organization has 152 member countries of the world .

In turn, Dr. Sayeh contrary member of the Board of Trustees of the Iraqi Center for Economic Reform, said the seminar organized by the Center aims to indicate the extent of Iraq's readiness to enter the first of the organization and steps are being taken by the country to be ready for entry.

Sayeh said in a statement to "Al Sabah", "The major problem that stands in front of the accession of Iraq lies in the suffering of the economy policies of the former regime and its reliance on oil to supplement the budget of the country, in addition to the weak performance of the productive sectors such as industry, transport, services, agriculture and others," he said improved security situation and the country's economic push to revive economic activities and introducing them in the various sectors.

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