|
| The workshops were for Iraqi companies |
|
|
More than 65 members of Iraqi business associations, consumer organisations, and women’s business groups attended the customs, tariff and trade workshop in Baghdad to learn about the modern role of the Customs Department in facilitating trade and law enforcement.
The event was conducted as part of a series of workshops organized to increase awareness in the business community about the changes that will need to occur as part of Iraq’s accession to the World Trade Organisation.
|
Based in Geneva, Switzerland, the WTO is the only global organisation dealing with the rules of trade between nations. It consists of 148 member nations, including Egypt, Jordan, Pakistan, Bahrain, Qatar, Oman, Kuwait and the United Arab Emirates.
Accession into the WTO would increase Iraq’s foreign direct investment and lay the foundation for a globalised economy. Although actual accession may take years, the economic reforms that Iraq will implement to be eligible for membership promote economic freedom and growth which will stabilise the country’s economy.
Source: PortalIraq
Related News |
