Sunday, November 1, 2026

🇮🇶🌐 IRAQ ADVANCES TRADE DIVERSIFICATION AND WTO ACCESSION EFFORTS!

 🇮🇶🌐 IRAQ ADVANCES TRADE DIVERSIFICATION AND WTO ACCESSION EFFORTS!

Iraq’s Foreign Minister Fuad Hussein met with International Trade Centre (ITC) Executive Director Pamela Coke-Hamilton to discuss support for Iraq’s WTO accession process and expanding international trade opportunities.

🤝 Discussions focused on:

  • Diversifying Iraq’s exports.

  • Strengthening the private sector and SMEs.

  • Developing agricultural and food supply chains.

  • Attracting international investment.

  • Supporting Iraq’s integration into global markets.

💵 WHY IT MATTERS: Expanding non-oil exports and strengthening trade infrastructure are important steps toward reducing Iraq’s dependence on oil revenues and building a more diversified economy.

🔎 CONNECTING THE DOTS: WTO accession, economic diversification, and financial modernization are interconnected parts of Iraq’s broader economic reform agenda.

🇮🇶✨ Iraq continues working toward greater participation in the global economy!


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Iraq-ITC Talks on Trade Diversification and WTO Accession

By John Lee.

Talks between Iraq's foreign minister and the head of the International Trade Centre (ITC) have covered economic diversification, private sector development, and support for Iraq's accession to the World Trade Organization (WTO).

Foreign Minister Fuad Hussein met ITC Executive Director Pamela Coke-Hamilton at the Ministry of Foreign Affairs in Baghdad on Sunday. Topics discussed included increasing Iraqi exports, developing trade policies, and strengthening investment and trade partnerships.

The two sides also discussed:

  • Support for small and medium-sized enterprises (SMEs) and entrepreneurship
  • Development of agricultural and food value chains under the Strengthening the Agriculture and Agri-Food Value Chain and Improving Trade Policy (SAAVI) project, including the possibility of a second phase
  • Enhanced coordination between Iraqi institutions and the ITC on economic projects linked to sustainable development and job creation

Hussein highlighted the Iraq Trade Forum for Development and Investment, hosted by Baghdad from 25 to 28 October 2026.

(Source: Ministry of Foreign Affairs)

https://www.iraq-businessnews.com/2026/10/27/iraq-itc-talks-on-trade-diversification-and-wto-accession/?utm_source=chatgpt.com

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