ar032
01-12-2007, 10:00 PM
Iraq: WTO membership will not affect relations with GCC
MENAFN - 11/01/2007
(MENAFN) An official at the Iraq Ministry of Trade said that Iraq's expected membership in the World Trade Organization (WTO) will have no effects on economic relations with the GCC neighbors, Gulf News reported.
He said that some economic sectors will remain under the Iraqi government's control even after joining the WTO.
He stressed that joining the 151-member organization will not have any negative economic impact on the war-torn country. He pointed out that joining the WTO will increase investments and accelerate modernization and productivity in Iraq, along with opening more markets for Iraqi goods and improving transport regulations.
Negotiations for Iraq's entry into the WTO will begin in Geneva in February.
MENAFN - Middle East North Africa . Financial Network News: Iraq: WTO membership will not affect relations with GCC (http://www.menafn.com/qn_news_story_s.asp?StoryId=1093138721)
MENAFN - 11/01/2007
(MENAFN) An official at the Iraq Ministry of Trade said that Iraq's expected membership in the World Trade Organization (WTO) will have no effects on economic relations with the GCC neighbors, Gulf News reported.
He said that some economic sectors will remain under the Iraqi government's control even after joining the WTO.
He stressed that joining the 151-member organization will not have any negative economic impact on the war-torn country. He pointed out that joining the WTO will increase investments and accelerate modernization and productivity in Iraq, along with opening more markets for Iraqi goods and improving transport regulations.
Negotiations for Iraq's entry into the WTO will begin in Geneva in February.
MENAFN - Middle East North Africa . Financial Network News: Iraq: WTO membership will not affect relations with GCC (http://www.menafn.com/qn_news_story_s.asp?StoryId=1093138721)