Yemen to join World Trade Organization
A negotiating technical team arrived in Sana'a on Saturday, headed by Dr. Sa’ed Al-Deen Abu Talib, Minister of Industry and Commerce, who returned from Geneva following final negotiations with Ukraine.
Dr. Hamood Al-Najar, head of the Communication and Coordination office with the WTO, said much work has been done, indicating that the last round of negotiations with the Ukrainian delegation lasted from July 22 to 27.
“The team will meet in October to decide on the close of the negotiations,” Al-Najar said. “The team will submit a report to the general council in the organization to be endorsed.”
He said Yemen will gain WTO membership after the Yemeni Parliament signs the inclusion decision.
Ahmed Saeed Shamakh, an economic expert, said Yemen should be prepared to adopt new decisions and legislation in accordance with the requirements of the WTO so that Yemen can take advantage of the opportunity.
Preparations entail caring for productive, agricultural and industrial fields with respect to improving the quality of the product. Yemen ought to take the international standards into account following the inclusion, Shamakh said.
He said Yemen's joining the WTO will contribute to arousing issues against countries depending on dumping policies in terms of products. These issues will be won, he said, mentioning China in Yemen as an example.