Forum to discuss Iraq's accession to the "WTO"

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Forum to discuss Iraq's accession to the "WTO"


Panel discussion in Diwaniya

Ahmad Sabbagh
14/05/2013

Diwaniyah Chamber of Commerce held a seminar on Iraq's accession to the World Trade Organization. The representative of the Ministry of Commerce, color unique, which ran the seminar that Iraq began the first steps to join the organization in view of the benefits of large to be provided by it, especially in the field of improvement of economic and job creation. said economic researcher Abdul Karim Shahir that Iraq is formatted now to join the organization because owned wealth But there is an obstacle stands in the way of the accession process is the financial and administrative corruption. his part, said Director of the United Bank Muhammad Alkhozai that the failure of banking and financial sector of Iraq will cause the creation of many of the problems if joining the organization due to lack of banking laws developed in addition to the lack of modern technologies. said Director control business and financial province of Diwaniyah Salem Radi said the positives of many will be provided by joining the World Trade Organization is to provide good items and cheap variety but in return, there may be negative consequences of flooding the market with Iraqi goods and bringing in foreign labor, which could raise the unemployment rate in Iraq.


http://www.iraqhurr.org/content/article/24985955.html