3-5-2014 Newshound Guru Kaperoni they were
95% dependent on oil and that apparently was reduced to 94% as of late, yet
they just increased output significantly to 3.4 mbpd. they
have no chance of WTO accession. it was stated directly from the WTO last
year 4 key issues with Iraq and the most significant one is that they
would not qualify for WTO accession until they reduced the dependence on oil to
below 80% I think and that was confirmed yesterday with a long
article that came out that discusses those meetings with the WTO stating it
would not be good for Iraq to proceed. it even said it would be at
least 10 years before they are ready. Here is a quote
from that article: "that enter Iraq for the organization
will not be in his favor and in any case for at least the next ten years, as it
will fly massive damage to Iraq".
