Jumaili discusses with the Ambassador of Australia the procedures for Iraq's accession to the WTO

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Jumaili discusses with the Ambassador of Australia the procedures for Iraq's accession to the WTO

Post  Admin on Thu Jun 14, 2018 8:30 am

Economy News Baghdad

The Minister of Planning and Trade Minister Salman Jumaili on Wednesday met Australian Ambassador to Iraq Joan Lundes to discuss Iraq's accession to the World Trade Organization (WTO).

The ministry said in a statement received by the "Economy News" that "the meeting discussed ways of joint cooperation between the two countries as well as cooperation in a number of areas, offering trade, investment, agricultural, cultural and scientific relations."

The statement quoted Jumaili as saying that "Iraq is now a stabilizing factor in the region and therefore is a promising investment environment that can attract a lot of companies and investors to take advantage of these opportunities available."

He pointed out that "bilateral relations between the two countries are developing steadily, because Australia is one of the important sources of wheat supply to Iraq and there are good prospects for strengthening these relations through increasing the volume of trade exchange and benefiting from the Australian capabilities in supporting the Iraqi government's efforts in reconstruction and upgrading the services provided For citizens and the development of agriculture ".

He added that "Iraq is dealing with all countries on the basis of equality of relations within the network of interests governed by international law," calling "the Australian side to support Iraq in his bid to join the World Trade Organization," adding that the accession process is important in facilitating the movement of trade and goods within World Trade Agreement.

For her part, Australian Ambassador Lundis expressed "the readiness of her government to provide all kinds of support to Iraq, which represents an important economic, geographical and political weight in the region and the world," adding that it "will provide possible support for Iraq's accession to the WTO."



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