Tuesday, March 5, 2024
Coffee with MarkZ. 03/05/2024
Iraq confirms it has completed the requirements to join the World Trade Organisation, 5 MARCH
Iraq confirms it has completed the requirements to join the World Trade Organisation
Iraq has confirmed that it has completed the requirements to join the World Trade Organisation (WTO) after completing economic reforms and improving the business environment. Iraq submitted a request to join in 2004. The Iraqi Minister of Trade, Atheer Al-Ghurairi, affirmed that Iraq fulfilled the conditions necessary to become a member of (WTO) following the completion of economic reforms and the enhancement of the investment climate.
The remarks of the Iraqi Trade Minister took place during his participation in the 13th Ministerial Conference of the WTO held in the UAE capital, Abu Dhabi.
Shwan Ibrahim Taha, an expert in Iraq’s finance and investments affairs, said: “Iraq business needs to make substantial reforms and changes to boost its private sector that still lags behind giving the opportunities and resources available in the country”.
“To comply with WTO rules, Iraq has to align their trade policies with international standards. This process not only enhances the efficiency of domestic industries but also attracts foreign investments, as investors are more confident in transparent and consistent regulatory environments, something Iraq SME’s disparately needs”
WTO membership promotes transparency and predictability in trade relations. The organization provides a rules-based system that ensures fair competition. By adhering to established trade norms, countries can resolve disputes through the WTO's dispute settlement mechanism, ensuring a level playing field for all members.
Furthermore, the WTO promotes development by addressing the concerns of developing nations. Special and differential treatment provisions recognize the developmental needs of these countries, allowing them more time and flexibility to comply with WTO agreements. This inclusivity aims to bridge the economic gap between developed and developing nations.
Joining the World Trade Organization (WTO) offers a multitude of benefits for member countries, fostering economic growth, stability, and global integration.WTO membership opens up markets by reducing trade barriers, enjoy lower tariffs and fewer restrictions, leading to increased export opportunities.
https://www.zawya.com/en/press-release/companies-news/iraq-confirms-it-has-completed-the-requirements-to-join-the-world-trade-organisation-mt07lwye
"PROOF OF THE IQD BACK SCREEN RATE" BY THEkING62 VIA BEARDED PATRIOTUSA, 5 MARCH
THEKING62
PROOF OF IQD BACK SCREEN RATE
For those people who think the RV is false,think again! Credit to Brad Strecker who first found this by fiddling with his trading chart service. When you play around with the symbols, you were able to pull up the screen of the iraqi dinar vs. the US dollar! Everyone has been mumbling about a back screen rate of $2.70 per dinar.
Well, this chart, which is live, shows it trading in that range, it shows volume of 435 million.I also dug around and was able to confirm it on a second source,forexlive! So it looks like there’s an alternative trading rate, but we won’t be able to do anything until it goes on the public Forex exchange! But it certainly exciting to know that there is a secondary rate that’s real. So it confirms the RV is real.
We just don’t know when!
https://t.me/Bearded_PatriotsUSA/15720
Iraq Embarks on Ambitious Reforms: 1000 Scholarships, Economic Revival, and Anti-Corruption Drive, 5 MARCH
Iraq Embarks on Ambitious Reforms: 1000 Scholarships, Economic Revival, and Anti-Corruption Drive
"THE GOLD WILL DETHRONE THE FIAT DOLLAR" BY MIKECRISTO8, 5 MARCH
MikeCristo8
Again, the fiat dollar has manipulated exchange rates against other foreign currencies as to why bitcoin will never be held by foreign central banks.
FIREFLY: "We're going digitally with a new rate" , 25 DEC
Frank26 [Iraq boots-on-the-ground report] FIREFLY: All banks according to Mr. Sammy have stopped all cash transfers from today to ...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...