An Iranian government delegation has headed to the 11th World Trade Organisation Summit in Buenos Aires to represent Iran as an official observer country, Islamic Republic News Agency said on December 11.
Iran has repeatedly said that it will consider joining the WTO, but recent protectionist moves by state industries mean an application getting tangled up in non-compliance issues and a rejection. In addition, several US administrations have blocked Iran from moving past the first base of observer status.
Representatives from the Iranian parliament, Iranian Foreign Ministry and Ministry of Industries, Mining and Trade are in attendance at the meeting in Argentina.
An Iranian change of mind on whether Iran should push now to join the WTO came in August when senior government figures stated that they were no longer currently interested in seeking acceptance to the group.
Mojtaba Khosrotaj, director of the Trade Promotion Organisation of Iran (TPO), said in August that the country’s priority was to shore up local industries and trade more with regional neighbours.
In 2015 a preferential trade agreement was signed with Turkey and was implemented later that year. Meanwhile, other agreements with the Commonwealth of Independent States (CIS) have also begun moving forward in recent months.
Iran has executed a currency trader known as the "Sultan of Sovereigns" and an accomplice by hanging. Vahid Mazloumin and another member of his currency trading network both received the death ... more
Use of Antibiotics in Mongolia, Turkey and Iran is running at extraordinarily high rates, with Mongolians using the medicines most of all among nationalities surveyed, according to ... more
Iranian customs authorities seized 15 tonnes of smuggled tomatoes bound for Iraq at the Soomar customs point in Kermanshah province, Iran Labour News Agency reported. Islamic Republic of Iran ... more