Iraq's accession to «WTO» limiting the entry of shoddy goods

09/03/2013 12:00 AM

Baghdad - Mostafa Hashemi

Said academic economist d . Majid Baidhani that Iraq 's accession to the WTO will give the country's economic advantages contribute to increase production and improve the quality and to put an end to the entry of shoddy goods to market.

He Baidhani told ( morning) that liberalization of trade in services and encouraging foreign investment will lead to encourage the movement and flow into the country as reflected on the reality of economic activity.

Said that it will put an end to compete with goods and commodities -backed Iraqi countries produced and sold at prices lower than their in their countries.

 He pointed out that Iraq had committed itself in advance , indirectly, to join the World Trade Organization by signing the International Covenant document .

The aim of the document signed by Iraq prior years to determine the approach to the state in the political , economic, social , humanitarian and implementation mechanism .

They also check in with interested countries in Iraqi affairs in the era or a partnership, vows to Iraq from his part to abide by the curriculum stated , by contrast, operates a signatory to help cope with those challenges and achieve the stated goals .

He Baidhani to that of the most important negative effects on Iraq is not included oil in international trade agreements and مايترتب on it from the effects of significant economic fact that the oil component of the foundation of the GDP of Iraq , as well as the private sector is still limited activity in the field of industrial and agricultural production . Indicating the importance of identifying and selecting goods which سيمتاز country when he entered full membership organization .


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