I saw…that someone posted that they expected Iraq to get into the WTO soon…it’s not happening but a year-and-a-half ago the WTO told Iraq until they reduce the dependence on oil there’s no chance…I believe the number they said was 70%. Iraq has a long ways to go before they’re ready for the WTO. The reference of the WTO in itself does encourage currency reform which is a good thing. In other words before Iraq gets in the WTO they’re going to need a private sector and begin to produce exports that will reduce the dependence on oil then they’ll be ready for the WTO.
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