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Sunday, 04/20/2008 1:54:37 PM

Sunday, April 20, 2008 1:54:37 PM

Post# of 1146
Experts: Iraqi economy is not willing to enter into WTO

Baghdad - Iraq votes 15 / 04 / 2008 at 23:58:40


Advised by experts and researchers Economists Iraqis need to wait to enter the World Trade Organization. Although reaffirmed the importance of Iraq uprooted isolated from the global arena, but they believe that the Iraqi economy can not compete now, the weakness of its agricultural and industrial products to the world, what turning into mere "consumers" of foreign goods.

He says economic researcher Dr. Hossam Acommok that the idea of Iraq's accession to the WTO within the so-called "coercive influence of globalization", and explain that the States that established the World Trade Organization "are wealthier countries, and therefore the organization does and can I make sure only the interests of those countries."

He added Acommok of Independent News Agency (Assot Iraq), "There are sought by the organization to transform the Iraqi economy as a whole to serve the objectives of those countries, after recent transformations in Iraq."

And created the World Trade Organization (WTO) in 1995, and is one of the smaller global organizations age, which succeeded the General Agreement on Tariffs and Trade (GATT), established in the wake of World War II. The organization considers that to ensure the flow of world trade as much smoother and ease and freedom, is the primary task.

The organization includes in its membership currently have more than (140) member countries, representing more than (90%) of the WTO, including a number of Arab states example, Saudi Arabia, Egypt and Jordan. As negotiate (30) another way to gain membership, and one of Iraq.
This is Acommok saying, "Yes, we have organized, but when mature or recovering economy," stressing the need to "accelerate the return to its normal production even improved economic performance."

He adds: "But we should impose Mentfon from inside the country, eyes riches from outside Iraq, accession to the World Trade Organization to our circumstances present, this means considerable upheaval of the Iraqi economy, and damage to the grave Iraqi producers, because we have suspended production wheel."

He said economic researcher, "The United States, one of Oraby organization, often contrary to the laws of that organization," pointing to a conviction obtained by the American appellate body of the World Trade Organization "to support unjustified for the cultivation of cotton, which then supported cotton farmers at the expense of Farmers North American countries, especially Brazil, is creating a large gap in the cost of production. "
The different financial expert Dr. Majid image with Acommok, where Iraq believes that the entry of the World Trade Organization is "a positive, because it will form a business relationship between Iraq and all nations of the world."

He adds l (Voices of Iraq) that the issue of Iraq's entry into the World Trade Organization "raised a long time ago, and almost all of the requirements have been implemented."

However, the image back and says "questions that must be asked is: Will Iraq be able to organize itself in order to enter, such as the Organization Thus, in terms of domestic laws and mechanisms, and in defense of the domestic production of agricultural or industrial ..?."

He continues, "as well as another important question, which is: Is Iraq created a mechanism to address the commodity dumping practiced by the rest of the ..?."

He considered that the image of the World Trade Organization decisions positives "that every developing state to exercise the right to defend agricultural and industrial production, to reach the competitive level required, and set his ten years and then implement all laws relating to trade."

Iraq began its first meeting with the World Trade Organization, in April of last year (2007), and provided information about health standards and technical obstacles facing trade sector and the Convention on Trade-Related Aspects of Intellectual Property Rights, and information on domestic support and subsidies for agriculture.

The last meeting in the (Geneva), early this month, and his head and Trade Minister Falah Sudanese, who pointed out that Iraq "Egypt to overcome difficult circumstances, and move forward in the process of accession" to the organization, contending Iraq's membership represents "an important addition to the international community. "

For his part, says the Chief of Economic Studies, University Mustansiriya University, Abdul Rahman star Mashhadani that Iraq "will not remain isolated on the subject, and will make to the organization now or in the future, whether we like it or not."

And explain that the fact that the World Trade Organization "one of the three international formations, of: the World Bank and IMF, were organized to complement the squad which absorbed (94%) of the volume of global trade."

He told Mashhadani (Voices of Iraq) that he believed that Iraq "is not prepared to accede to the Convention, although the organization gives countries that join them a grace period, in order to adapt their economies under the conditions required," pointing in this regard to the absence of "Iraqi economy capable of strong competition in the face of large industries or small world. "

He adds "Proof of this is that once the reduction of customs duties levels required by the organization, got dumped commodity in the Iraqi market, even from neighboring countries such as Iran and Syria," which he believed led to "the killing of Iraqi industry to private and public, as there is no local product capable of competitive products of any State. "

The professor pointed out that the Iraq economy "to Aimitlk competition only oil, a basket outside the WTO", and expressed his conviction that Iraq will be "consumer market for foreign goods, and are not able to produce .. even in the most basic goods."

The team members work in the (WTO) to accelerate the process of their accession to the Organization Iraq, noting in the report have prepared on the subject that joining "will help the integration of Iraq into the world economy, better," according to the report published by the website of the organization.
He called the Action Team to "more information on the pricing policy in Iraq, and investment laws and import licensing, customs laws and customs tariff, and the licensing of communications, and state trading enterprises."
The name of Creative Antoine, Vice President of the Federation of Iraqi Industrialists, says that the World Trade Organization, "One of the phenomena of economic globalization, and we must deal with it in a scientific and accurate, and we accept this reality."

But however, in talking to (Voices of Iraq), said, "but we must wait until the creation of appropriate conditions, the rule of law and building material and productivity, to develop Iraqi industry products to equal the minimum neighboring countries, in terms of quality and quantity, and provide customs regime, conditions security, and building the quality system and intellectual property, they are all the requirements necessary for entry into the organization. "

He suggested Antoine period of time ", ranging from four to five years," pointing out that the entry of the organization "does not mean the importation of goods, but also the export of goods to Iraq from abroad, if we were not able to do so, we would be the first to lose."

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