Saturday, September 1, 2012

Commission: application of the customs tariff requirement for Iraq's accession to the World Trade Organization

01/09/2012 11:10


Baghdad September 1 / September (Rn) - The Commission on Economy and Investment parliamentary Saturday clause Iraq's accession to the World Trade Organization (WTO) is the application of tariff law the government Ajlth to indefinitely.

Port of Faw in Basra The Ministry of Commerce announced last year that federal Iraq is working on getting a permanent membership of the World Trade Organization would disrupt the Iraqi economy unless Iraqi consensus economic legislation with controls to join the World Trade Organization (WTO).

Said Commission decision Mahma Khalil told the Kurdish news agency (Rn) that "Iraq if it wants to join the World Trade Organization (WTO) should be applied tariff law inactivated by the government."

Khalil said that the "tariff law that dish will eliminate processes financial and administrative corruption at border crossings and ports (...) there is the desire of the Government to enforce the law gradually over two years."

The team was Iraqi to join the World Trade Organization was established on 13 December / December 2004, and presented a memorandum to obtain membership of the organization on September 16 / September 2005, was adopted Iraq observers in January 24, 2007, and began meeting the first round of the Group work in 2007, followed by a second round of meetings in 2008, and then the third round by the end of 2009.

Iraq seeks to obtain permanent membership in the World Trade Organization (WTO) rather than an observer member, as is the case at the moment.
The World Trade Organization was founded in 1995 and includes 147 countries worldwide as permanent members.

The organization aims to create a world economic preserves the rights of the consumer and the product through an international system of laws by hiring full resources of the state and prevent the circulation of goods non-universal impulse.
 
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