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

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Panel discussion in Diwaniya Panel discussion in Diwaniya



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 for its unique color, which ran the seminar that Iraq began the first steps to join the organization in view of the large benefits to be provided by it, especially in the area of ​​economic improvement and job creation.

He said economic researcher Abdul Karim Shahir that Iraq formatted now to join the organization because of the wealth owned, but there is an obstacle standing in the way of the accession process is the financial and administrative corruption.
For his part, Director of the United Bank reported Mohammad Alkhozai that failure of the 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 in addition to the lack of advanced technology.

The Director of the Inspectorate of Commerce and Finance in the 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.


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