Iraqi Dinar News - Iraq joins the World Trade Organization

2007: Iraq joins the World Trade Organization

Iraq joins the World Trade Organization

March 3, 2007

Greg Howell, official in charge of developing the private sector in the American Agency for International Development in Baghdad, said on Saturday that the Iraqi government has completed the procedures to request membership in the World Trade Organization.

Howell added in a press conference held in Baghdad that the Iraqi government is preparing to hold the first dialogue with the Organization next April in Geneva, Switzerland. He pointed out that Iraq had submitted a request for membership in the Organization in 2004 and formed a working group to examine the demand and coordinate with the Iraqi government on reforming the trade policy and the requirements needed to join the World Trade Organization.

He pointed out that the Iraqi government has completed all procedural conditions in order to convene a meeting for the Group in charge of joining the Organization, pointing out that the gains of joining WTO are ensuring access of Iraqi goods and services without discrimination to foreign markets, as well as gaining more stable trade relations.

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