English | دری

Afghanistan to become a member of the WTO

in Afghan Business

Afghanistan to become a member of the WTO

Commerce and Industries Deputy Minister Muzamil Shinwari said at a press conference on Sunday that Afghanistan will soon gain membership to the World Trade Organization (WTO).

He added the membership would bring along many economic opportunities to the country, enhance investment in the country and solve some of the major transit issues of Afghanistan.

Afghanistan applied for membership in 2004. The country gained the status of a representative in the organization during that same year.

Though it can be said that Afghanistan joining WTO may make international investment smoother in the country, some experts say that it will not be useful for Afghanistan to bond with WTO until unless Afghanistan becomes a productive country.

Membership to WTO is not an easy task. Countries like India, Russia and Pakistan have been struggling for years to gain the membership.

However, it is said that the presence of natural resources in Afghanistan and the West’s eye on the country can make it easier for Afghanistan to be bonded with WTO.



Related Articles

Parliament to impeach 7 instead of 11 Ministers

The Parliament has revised its earlier decision on the impeachment of 11 ministers and has decided to impeach 7 ministers.

Afghan-Pak trade deals reduced by 50%

The Afghanistan Chamber of Commerce and Industry (ACCI) have said trade deals between Afghanistan and Pakistan are reduced by 50%

Afghanistan, India and Iran to ink transit agreement

A transit agreement is due to be signed between Afghanistan, India and Iran. According to the Ministry of Foreign Affairs

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.