Panel of economist lay out reason why Iraq’s should expedite accession to the World Trade Organizati

Panel of economist lay out reason why Iraq’s should expedite accession to the World Trade Organization



whole number of economists on the importance of expediting Iraq’s accession to the World Trade Organization to their importance in the acquisition of the benefits of joining and included achieving the freedom of international trade and raise the standard of living of the citizens.

They warned in their studies, which applied them to the Economic Forum tagged (delayed Iraq’s accession to the World Trade Organization .. liability?) And organized by the Iraqi Institute for Economic Reform of the continued delay in Iraq to join will carry the burdens and obligations of large because of the restrictions that will take it as a location on the document Testament International .

7 studies and discussed the seminar, which was attended by a number of specialists, researchers, economists, academics and local organizations as well as experts of the Iraqi economy seven studies made ​​by a number of researchers addressed the reasons for the delay Iraq’s accession to wto.

reviewed the academic and economic researcher flames Thomas, who chaired the seminar which was attended by the (morning) yesterday, which highlighted in the study of light on the options strategy and what are the benefits and losses incurred on the entry of Iraq into the World Trade Organization.

freedom of trade and confirmed Thomas said the main objective in the creation of the WTO is to achieve the freedom of international trade for the purpose of raising standards of living, full employment and the continuation of significant growth real income and effective demand and increasing production and continuous trade in goods and الخدما T. According to the goal of development and protect and preserve the environment. He pointed out that the organization aims to achieve the freedom of international trade, the elimination of image discriminatory treatment with respect to the flow of international trade, and to remove all restrictions and obstacles and barriers that would prevent the flow of trade across countries. raise living standards and pointed out that the other goals is to raise the standard of living of the Member States. and to seek to achieve higher levels of employment (operating full) member states. and stimulate effective demand., and raise the level of real national income. optimization of the resources of the global economic and encourage the production and movement of capital and investment. ,

Easy access to markets and sources of primary resources., Reduce barriers and quantitative Customs to increase the volume of international trade, and the adoption of the negotiations. His part, said economic researcher Ahmed al-Husseini that the issue of Iraq’s accession to the World Trade Organization holds a great deal of attention of researchers and specialists as well as decision-makers and politicians, what this topic of importance to the economic level, and because of its significant impact in determining the capacity of Iraq’s competitiveness in the future, as well as the volume of trade relations with its international partners. benefits of joining Husseini said: We have committed to Iraq in advance, indirectly, to join the World Trade Organization by signing a document of the Covenant International Therefore it is likely that he will bear the burdens and obligations of more than for any delay in joining the organization of international trade because there are restrictions that may be imposed on the entry in the membership of this organization in the future, due to the fact that members of this organization (153 countries) control nearly 95 percent of the total international trade.

said of equitable importance that FAO is preparing a forum economically and politically indispensable for any country and especially for a country like Iraq, which could increase the gains realized from WTO accession, as well as benefit from the support of countries that might offer some of the major industrialized countries. Notes on accession and continued Researcher: Some believe that Iraq is not ready economically to join the World Trade Organization because of the current economic situation, and the adoption of the Iraqi economy to repel seen crude oil as a basis of wealth and income, as well as the absence of the role of the private sector, and lower the contribution of other economic sectors, such as industrial sectors and agricultural and service in the composition of GDP, and damage to the infrastructure of the economy is clearly due to wars, exposing Iraq to a potential risk by devoting the WTO system for international division of labor based on specialization and comparative advantage, as it specializes industrialized countries in the production and export of industrial goods and technology high prices, while specializes developing countries in the export of raw materials and its dependence on imported goods and export of raw materials only. believes the survival of Iraq as (observer member) at the present time in order to get progress in the economic sector leaders such as the industrial sector and the agricultural sector, which will give a competitive advantage to the Iraqi economy among its partners in the international trade, which is achieved through the concerted government efforts to empower the local private sector to reach a leading position in the various economic sectors as well as improving the investment climate in Iraq in order to attract more investment and technology associated to the development of various economic sectors. ” Cuff probably have been participants in the symposium was divided between supporters and opponents of but probably the cuff was for supporters to join the country are not subjected to further burden due to its international obligations.

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Bring it on, or is this just a pacifying piece?

pacifying piece, sounds good but needed a little more research when writing an opinon as the first clue is 153 countries when the WTO has 159 country membership. below is a little history on where Iraq is at with the WTO Working Party

Iraq joining the WTO will have its advantages. The last Working party meeting with Iraq April 2 2008,5 years ago,

Working Party reviews Iraq’s trade legislation

"Members requested more information on Iraq's pricing policy, investment rules, import licences, customs law, state trading enterprises, regulations on tariffs, free zones and telecom licences."

"Iraq has met with several members on the margins of the Working Party. Market access negotiations will start once Iraq tables its initial offers on goods and services. There have been some discussions but no concrete proposals for the moment"
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This is a link to Iraq news archive: [You must be registered and logged in to see this link.]

heres a link to Status of accession working party for Iraq, this is a chart which shows where Iraq is at. [You must be registered and logged in to see this link.]

Iraq has had only 2 Working Party meeting, here is a link to accession's, [You must be registered and logged in to see this link.] notice how many countries are seeking membership, how many meeting these countries has had with the WTO and how many years it takes for a country to gain full membership then compare it with Iraq and it should give you a clue that Iraq has much more to do.