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Antoine: too early to put themselves under the World Trade Organization (WTO)
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11/11/2013 14:12
Tomorrow Press / Baghdad: economic expert considered Bassem Jamil Antoine said it is still too early to Iraq's accession to the World Trade Organization.
Said Antoine for "tomorrow's Press," that "Iraq is going the right way about the openness of the economy, but to join the WTO is not the right option at this time," adding that "accession requires the removal of subsidies on food and fuel and the imposition of customs tariffs on all Imports and these things need to be a long time now Heta enter Iraq does not cause the organization to overwhelm the domestic economic situation. "
He added that "the way to Iraq is open and there is no need to speed up the completion of the requirements and conditions for the entry of the organization because Iraq will now benefit from the advantages of accession given the decline in GDP and the national economy's dependence on oil imports in the financial policy of the country".
The World Trade Organization has demanded Iraq new report on numbers supplied to the requirements of accession includes ten themes including oil and Supply, support and manufacturing.
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[You must be registered and logged in to see this image.]
11/11/2013 14:12
Tomorrow Press / Baghdad: economic expert considered Bassem Jamil Antoine said it is still too early to Iraq's accession to the World Trade Organization.
Said Antoine for "tomorrow's Press," that "Iraq is going the right way about the openness of the economy, but to join the WTO is not the right option at this time," adding that "accession requires the removal of subsidies on food and fuel and the imposition of customs tariffs on all Imports and these things need to be a long time now Heta enter Iraq does not cause the organization to overwhelm the domestic economic situation. "
He added that "the way to Iraq is open and there is no need to speed up the completion of the requirements and conditions for the entry of the organization because Iraq will now benefit from the advantages of accession given the decline in GDP and the national economy's dependence on oil imports in the financial policy of the country".
The World Trade Organization has demanded Iraq new report on numbers supplied to the requirements of accession includes ten themes including oil and Supply, support and manufacturing.
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