Impacts of Iraq's WTO Accession on Agriculture
DOI:
https://doi.org/10.51699/ijbde.v3i3.3528Keywords:
Iraqi economy, Main exports, Economic legislations, SustainabilityAbstract
This research investigates the pivotal role of Iraq's agricultural sector in its national economy, emphasizing its significance in ensuring food security, fostering economic growth, and contributing to employment, capital formation, and export earnings. Despite this importance, there exists a gap in understanding the implications of Iraq's accession to the World Trade Organization (WTO) on its agricultural sector. The study aims to fill this gap by examining the conditions and obligations imposed by the WTO, permissible support types, and Iraq's economic resources. Utilizing a mixed-method approach, including literature review and empirical analysis, the research explores the potential for Iraq's agricultural sector advancement through strategic resource allocation and adoption of modern technologies. Findings reveal that Iraq possesses the necessary elements for economic development, particularly in agriculture, if resources are efficiently managed and modern techniques are embraced. The study offers conclusions and recommendations crucial for specialists in Iraqi economic affairs, especially those concerned with agricultural development and WTO implications.
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