STATUS OF IRAQS ACCESSION TO THE WTO
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to ensure that trade flows as smoothly, predictably and freely as possible.
As citizens of the U.S. we know that during the Clinton and Obama era there were some really bad trade agreement treaties that grossly offset the trade balance between the U.S. and particularly China. There were two treaties especially that were very bad for America- NAFTA and GANTT. How could any patriotic president ratify such bad treaties, hurtful to American industry? These were unfair treaties putting China (and other countries) at an advantage importing much more into the U.S. than the U.S. to China. This caused a massive TRADE DEFICIT costing the U.S. hundreds of billions of dollars each year. It stripped vital industries from the U.S. and exported the factories to third world countries. So much for the WTO. Is actually just another organization doing the bidding of the United Nations, now run by the Globalist elite?
Treaties in Force – United States Department of State
Under president Trump he overturned many of the errored part of these treaties and corrected the trade imbalance. Under Biden an attempt was to regain the errors that Trump had fixed and bring back the Clinton and Obama era unfair trade treaties. Of course, Joe Biden is actually working for the Chinese as we have seen his brother and son buying influence around the globe. So, go figure who Joe is really representing and its certainly not America.
But what will happen to Iraq? Will these same bad characters in the U.S. government attempt to also screw up Iraq and tightly control its economy? Is this the game they are playing? There are a few articles in today’s news that suggest this may be the case.
Remember the WTO is part of the United Nations Organization and so go figure what these globalist have in mind for Iraq and the U.S. By the way there has not yet been any official announcement of Iraq’s full accession to the WTO.
Click on the picture below to enter the WTO portal.
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