Wednesday, February 28, 2024

It will be influential.” Iraq completes its preparations to join the World Trade Organization

  It will be influential.” Iraq completes its preparations to join the World Trade Organization

Today, Tuesday (February 27, 2024), the BNN network, which specializes in economic affairs, revealed that the Iraqi government has completed the requirements for joining the World Trade Organization after its internal economic and trade conditions “improved,” in addition to improved investment conditions. 

The network said, according to what Baghdad Today translated, that Iraq has completed all preparations within the timetable set for it by the organization to integrate its commercial operations with its businesses around the world, stressing that Iraq is now able to enter the global trade market through the organization on a large scale. 

It is noteworthy that Iraq submitted an application to enter the organization in 2004, and the application remained pending until the conditions for entry into the international organization were met, which have now ended.

The network says that Iraq "will return to becoming an influential member in terms of international trade and economics through the role it enjoys geographically and economically among the countries of the organization."  link

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