Iran denies reports on US opposition to Tehran joining WTO

Trade Promotion Organization of Iran has issued a statement denying reports suggesting that the USA is against Tehran’s plan to become a member of the World Trade Organization (WTO).

The statement says given the recent developments in Iran’s ties with the world and the removal of international sanctions against the Islamic Republic, the reports regarding the USA’s opposition to Iran’s plan to join the WTO are false, TASNIM news agency reported Jan. 24.

Earlier in December 2015, Iranian minister of Industry, Mining and Trade, Mohammad Reza Nematzadeh described Iran's joining the World Trade Organization as a win-win agreement and an important step towards creation of a real global organization.

Saying that Iran is ready to join the World Trade Organization, he expressed hope that Tehran would be capable of joining the WTO after the removal of sanctions.

WTO members were urged at the opening session of the WTO’s Tenth Ministerial Conference in Nairobi on 15 December to crown a successful year of multilateral diplomacy by delivering on a package of trade deals that would benefit the world’s poorest and spur global economic growth.

In a joint statement on Jan. 16, the EU High Representative Federica Mogherini and Iran’s Foreign Minister Mohammad Javad Zarif announced the implementation of the Joint Comprehensive Plan of Action (JCPOA aka nuclear deal) and the removal of economic sanctions on Iran.

According to the statement, EU confirmed that legal framework, providing for lifting of its nuclear-related economic and financial sanctions, is effective.

/By Trend/