JUST YOUR RUN OF THE MILL CAPITALIST DEMOCRACY:

Iraq Eyeing WTO Membership For Boost To Economy (Javno, March 04, 2009)

Iraq, whose plans to rebuild after years of war have been undermined by a collapse in oil prices, could get a boost from joining the World Trade Organization (WTO), a top official said.

Iraq "has all the components to be able to accede" to the Geneva-based multilateral body,Trade Minister Abdul Falah al-Sudany said in a statement after a meeting with U.S. officials in Baghdad.

A ministry spokesman said he expected all the issues standing in the way of Iraq joining the global trade body to be settled witin two years, after it has had time to redraw the centralised economy created under Saddam Hussein.

"Iraq cannot be closed. The world now is a small village," the spokesman said.

Thanks, W.

Posted by Orrin Judd at March 4, 2009 1:14 PM