Iraq confirms its efforts to join the World Trade Organization
By the associated press 15 hours ago
Jumaili during the opening ceremony of the Baghdad international exhibition
The Iraqi Trade Minister, Salman Al-jumaili, "Tuesday, he sought to join the World Trade Organization, to strengthen and diversify the country's exports and providing incentives and facilities.
Jumaili said in a speech today at the opening ceremony of the Baghdad international fair, in Baghdad, said his country is determined to obtain WTO membership, seeking international companies contribute to the reconstruction of the liberated areas of organizing "ISIS", to stimulate the economy.
Iraq obtained observer status in the WTO in 2004, but did not manage to get full membership, which qualifies him to take advantage of the special accession in cross-border trade.
He said the parliamentary Economic Committee member Jawad Al-bulani, in a press statement that "the Iraqi Government for years to develop the industrial sector by granting loans for different projects, after application of the customs tariff (next year), will continue its stakeholders for Iraq's accession to the World Trade Organization as a full member."
He continued: "enter the organization requires activation of the industrial base, because the State which suffer local products compete in the market, because the markets will be open to the flow of goods from countries of the Organization".
According to data published on the website of the Ministry of Commerce, the Ministry is leading a project to carry out a package of measures relating to create suitable conditions for the investment environment, rationalizing subsidies policy, adding to the series of reforms to the rules and procedures for taxes and fees.
The Minister opened the day Baghdad international fair, in the 43rd session in the presence of a number of officials and Ministers, with the participation of 12 countries 400 industrial and agricultural sectors represent the company and brand communications technology, representing different nationalities, according to the Commerce Department.