Ariel
@Prolotario1
The End Is The Beginning
The Historical Point We Stand At Today: This Can Not Be Any Clearer
Get In Here Now!
“𝙏𝙝𝙚 𝙈𝙞𝙣𝙞𝙨𝙩𝙧𝙮 𝙤𝙛 𝙏𝙧𝙖𝙙𝙚 𝙖𝙣𝙣𝙤𝙪𝙣𝙘𝙚𝙨 𝙩𝙝𝙚 𝙘𝙤𝙢𝙥𝙡𝙚𝙩𝙞𝙤𝙣 𝙤𝙛 7 𝙢𝙖𝙞𝙣 𝙛𝙞𝙡𝙚𝙨 𝙧𝙚𝙡𝙖𝙩𝙚𝙙 𝙩𝙤 𝙄𝙧𝙖𝙦’𝙨 𝙖𝙘𝙘𝙚𝙨𝙨𝙞𝙤𝙣 𝙩𝙤 𝙩𝙝𝙚 (𝙒𝙏𝙊) 𝙤𝙧𝙜𝙖𝙣𝙞𝙯𝙖𝙩𝙞𝙤𝙣.” End Quote
Because Iraq’s accession to the WTO requirse Iraq to align its trade policies, tariffs, and regulations with global standards, fostering transparency, reducing barriers, and encouraging foreign investment. What does this mean? Well this process, which resumed in July 2024 after a 16-year hiatus, directly supports currency stability and tradability critical for active participation in Forex markets.
WTO membership would compel Iraq to harmonize tariffs (e.g., unifying rates with the Kurdistan Region) and commit to non-discriminatory trade practices. Folks this will reduce reliance on oil exports (over 90% of revenue) and diversify the economy, stabilizing the IQD against external shocks. How long has Iraq been saying they needed to do this?
A more predictable trade environment attracts foreign capital, increasing IQD liquidity in Forex pairs like USD/IQD or EUR/IQD. By adhering to WTO rules on services and intellectual property, Iraq could enhance its banking sector’s interoperability with international systems. This would facilitate smoother cross-border transactions, making the IQD more accessible for Forex traders.
Do you all know the implications of the aforementioned news?
How Can You Not Be Excited Right Now?
WTO membership mandates transparent, predictable trade rules. For Iraq, that means slashing import duties (currently averaging 15-20% on goods) and aligning with global standards. Once in, IQD trades freely on Forex platforms without the current restrictions think seamless pairings with USD, EUR, and emerging assets. No more black-market premiums; spot rates stabilize, drawing hedge funds and retail traders who see IQD as the next oil-backed powerhouse. People you are in the most exciting position you could ever be in right now.
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WTO ties Iraq to 164 member nations, enforcing dispute resolutions and anti-dumping measures. Forex-wise, this positions IQD as a “frontier market” darling similar to how Vietnam’s Dong gained 20% post-WTO in 2007. For IQD holders, this means your notes aren’t just paper; they’re tickets to a currency that’s about to trade like a blue-chip stock.
Source(s):
https://x.com/Prolotario1/status/1962504547349213300
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