Here is the news out of Yesterday's meeting between Iraq and the World Trade Organization. This was meeting #2 in the accession process of Iraq inot the WTO. There was not a lot of news but here it is:
The red are the most significant.
WTO: 2008 NEWS ITEMS
2 April 2008
2nd Working Party meeting on Iraq's accession
Working Party reviews Iraq's trade legislation
Working Party members, on 2 April 2008, supported Iraq's rapid accession to the WTO and argued it would contribute to the country's integration into the world economy. Iraq's Trade Minister, H. E. Dr. Al-Sudani, stated that Iraq was determined to overcome the country's difficult circumstances to move forward on the accession process and added that Iraq's membership would represent a significant addition to the international community.
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Review of trade legislation
At this stage of the accession, members examine all aspects of Iraq's trade and economic policies to assess their conformity with WTO principles.
Since the 1st Working Party meeting held in May 2007, Iraq has provided members with a legislative action plan which shows the state of play of the ongoing legal reforms. Iraq also provided information on its sanitary and phytosanitary (SPS) measures, technical barriers to trade (TBT) and the trade-related aspects of intellectual property rights (TRIPS) as on well as information its domestic support and export subsidies in agriculture.
Members requested more information on Iraq's pricing policy, investment rules, import licences, customs law, state trading enterprises, regulations on tariffs, free zones and telecom licences.
Iraq has met with several members on the margins of the Working Party. Market access negotiations will start once Iraq tables its initial offers on goods and services. There have been some discussions but no concrete proposals for the moment.
Members and international organizations have been providing technical assistance to Iraq. The Chair of the Working Party, Claudia Uribe, Ambassador for Colombia, has urged members to continue and step up this support.
Iraq will update its legislative action plan, as appropriate, and will continue providing information to members.
No date was decided.
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