TLAR -- WTO has requirements that must be met.

11-21-2013 Newshound Guru Tlar
 
Article: "IMF Executive Board Reviews Noncomplying Purchase by Iraq and Breach of Obligations Under Article VIII, Section 5" Iraq is striving to become IMF compliant so that they can enter Article VIII with their currency.  https://www.dinardaily.net/t29420-imf-executive-board-reviews-noncomplying-purchase-by-iraq-and-breach-of-obligations-under-article-viii-section-5#194737   The IMF would naturally want to watch them for a while and judge them in this light to make sure they are 100% compliant before they will be allowed to change. In this article the IMF is looking back to as early as 2010 even though they were not an Article VIII currency.
 
I'm sure they are doing this to tell and help train the CBI as to where they were not in compliance and why. We must be getting pretty close for the IMF to do this and the CBI must be requesting and desire to make that change soon or why would the IMF bother. It is much like becoming a member of the WTO. They are also trying to become full members but to achieve that they must rise up to the rules required for that membership.
 
 From time to time the WTO has also measured them and pointed out where they must improve to meet the requirements, including telling them more than once that they require them to have a currency closer to the value of dollar before they will be accepted. Pretty much this is the reason I quit reading articles that talk about Iraq's ascension to the WTO because they will never qualify until they raise their currency.
 
SEE the Document/Article here  https://www.dinardaily.net/t29420-imf-executive-board-reviews-noncomplying-purchase-by-iraq-and-breach-of-obligations-under-article-viii-section-5#194737

Always like TLARs views, I don't see Iraq becoming full members of the WTO for a year or 2, they 1st have to be showing exports more then oil. Article 8 I pray we will see soon, then imo we will see a slow rise in the dinar to that 1-1 range. I know TLAR has different views on the release rate, but this is America, we are entitled to our own opinions . I also agree with Kap and Steve on DA's site that Maliki will push this through making him a hero in front of his elections this coming spring. Let's hope the beginning of 2014 will bring us all new dreams coming true. :-)

Maybe someone can fill me in on when and where the WTO told Iraq they are required to have a currency closer to the value of the dollar before they can be members.

Well since WTO negotiations are confidential, and NOT public knowledge, I would have to call BS just based on that ... but wait, there's more ... Why would it have to be closer to the dollar? The Dong is worth way less than the dinar, yet Vietnam is already a full member of the WTO. Definitely calling a big, fat BS on this one.

Kevin; You are 100% right! Catman, I have never seen any news that states any  thing about the dinar value close to the dollar to become full members of the WTO.

all the wto states is an international traded currency now there are members with a low currency i believe around 25 cents. in iraqs case under one to one will not sokve there problems since the dinar has to be higher the the usd for them to achieve there goal but knowing  howscrewed up they are who knows for sure what they will do