Iraq’s accession to the World Trade Organization (WTO) risk for not having a solid economy

Counting member Economic Commission Deputy Qusay Juma Abadi Iraq’s accession to the World Trade Organization at the present time is not Besalha, and it will inflict major damage, stressing: that Iraq has no economy can join the World Trade Organization, which requires the availability of all the qualifications economy strong to join her.

Ebadi said in a statement singled out by the independent press (Iba) “The economy of Iraq yield economy unilaterally dependent only on the revenues of oil wealth has made him away from the World Trade Organization, pointing out: that Iraq observer member of the organization and can not join the Organization for the lack of integration All the great elements of the economy. ”

He added that “Iraq has not yet come to meet all the conditions imposed on the countries to join the World Trade Organization, which include competitive product Milli global product and great potential for industry, agriculture and trade and all lacks Iraq.”

Abadi said that “domestic agricultural output and industrial virtually non-existent in Iraq what makes Iraq to the World Trade Organization threat to the collapse of its economy for the failure to reach the conditions that will make it with a solid economy to Ainehdm at competitive economy Other him.”

The World Trade Organization was founded in 1995 and is one of the smallest organizations global age where the WTO is the successor to the General Agreement on Tariffs and Trade (GATT), which was established in the wake of World War II, and its overriding goal is to help the flow and the flow of trade Bslazle and freedom, and include membership in the World Trade Organization more than (140) members representing more than (90%) of the WTO.



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