Baghdad / Iraq News Network , denied the Iraqi cabinet on Saturday, Iraq 's withdrawal from the trade agreement between the Arab countries , stressing NH comments only.   Financial experts inthe Prime Minister 's media official said today: " The suspension of the Convention was to protectthe local product," pointing out that " the suspension decision came against the backdrop of monitoring goods entered the country as a foreign origin to be seen later as an Arab." He added, Acer Jabbar , spokesman for the flags of financial experts, that "disclosure of imported goods to Iraq in terms of compliance with the specifications or not will be through approved standards." So said the Iraqi Trade Ministry, said that "This action comes as a result of flooding the market with imported goods, and in order to protect the local product, and increase revenue in light of the decline in world oil prices, and to prevent the loss of state treasury more financial resources as a result of large financial exemptions granted under this resolution . " .   This came in response to the revelations of the Egyptian Commercial Representation on the freezing of Iraqi government administration since the beginning of this year working agreement to facilitate and develop trade exchange among Arab countries, indicating that the product of the Iraqi will be treated equally when entering other Arab markets. Iraq has signed in October last first agreement with Iran to lift Iranian exports to Iraq worth $ 23 billion a year , and the exclusion of dozens of goods subject to quality control standards.