Kaperoni says any further delays will harm what they have worked so hard for.

by **Ponee** Wed Mar 05, 2014 7:44 am

3-5-2014 Newshound Guru Kaperoni they were 95% dependent on oil and that apparently was reduced to 94% as of late, yet they just increased output significantly to 3.4 mbpd. they have no chance of WTO accession. it was stated directly from the WTO last year 4 key issues with Iraq and the most significant one is that they would not qualify for WTO accession until they reduced the dependence on oil to below 80% I think and that was confirmed yesterday with a long article that came out that discusses those meetings with the WTO stating it would not be good for Iraq to proceed. it even said it would be at least 10 years before they are ready. Here is a quote from that article: "that enter Iraq for the organization will not be in his favor and in any case for at least the next ten years, as it will fly massive damage to Iraq".

[So that said it could be a long wait on an RV.] it is not in their interest to wait, and it would be of no benefit toward the plan for Iraq to continue to wait.

[Even if it is true that Iraq is not ready to join the WTO that in itself does not mean they won't RV their currency soon. One is not necessarily tied to the other.] that is correct. There was a real good statement made on TV last week...it sums up Iraq's positions with the currency. "A group of parliament members renewed their call to the central bank to start serious preparation for the deletion of zeros project; any further delays will harm the entire economy and progress Iraq is witnessing." So there u have it, any further delays will harm what they have worked so hard for.

by **HezekiaH** Wed Mar 05, 2014 9:36 am

I agree with Kap. He is quite a good thinker.

Kaperoni says any further delays will harm what they have worked so hard for.

Kaperoni says any further delays will harm what they have worked so hard for.

Re: Kaperoni says any further delays will harm what they have worked so hard for.