MINISTER OF COMMERCE OF IRAQ, HAS CONFIRMED THAT IRAQ HAS COMPLETED THE REQUIREMENTS TO JOIN THE WORLD TRADE ORGANIZATION (WTO)
ABU DHABI, 27th February, 2024 (WAM) — Atheer Daoud Al Ghurairi, Minister of Commerce of Iraq, has confirmed that Iraq has completed the requirements to join the World Trade Organization (WTO) after completing economic reforms and improving the business environment.
In statements to the Emirates News Agency (WAM) on the sidelines of his participation the 13th Ministerial Conference of the WTO, Al Ghurairi pointed out that the trade in goods and services files have been finalized according to the set schedules for integration into the global trade system.
Al Ghurairi said that the interest of the Iraqi government in joining the WTO after Iraq submitted a request to join in 2004, in the belief that it is important to be part of the multilateral world trade system and for Iraq to return to an influential position in the global economy. He pointed out that there will be a meeting at the level of Arab countries to learn about their experiences before joining the organization and ways to benefit from its advantages.
The Iraqi Minister of Commerce stressed the importance of the events of the conference held in Abu Dhabi, which is witnessing a successful organization by the UAE. He stated the conference sends an important message to all countries of the world about the importance of joining this organization, in addition to its role in discussing the future of the global trade movement according to current challenges.
Al Ghurairi mentioned Iraq’s plans to enhance economic and trade ties globally, aiming to establish new avenues for cooperation in these sectors.
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