Iraq Is Close To Joining the World Trade Organization

  • Baghdad, Republic of Iraq
  • 6 March 2024
1

The Iraqi Ministry of Trade revealed the imminent accession of Iraq to the World Trade Organization and the activation of the Product and Consumer Protection Law.

Iraqi Undersecretary of the Ministry of Trade Sattar al-Jabri said that we will soon announce Iraq's accession to the World Trade Organization, after delaying it for years. He pointed out that Iraq's accession to the World Trade Organization will have significant repercussions on investor confidence and the private sector.

He said: We have addressed all the previous obstacles that prevented Iraq's accession, and it can be said that for the first time, the import curriculum was voted, which includes setting controls for chaos and identifying real traders, in addition to other details.

He stressed that no country can cover all its needs of goods alone, as there is a need for import and cooperation with other countries, which needs to activate the product and consumer protection law.

Source (Al-Araby Al-Jadeed Newspaper, Edited)

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