Afghanistan to Join WTO at
Nairobi Ministerial
Afghanistan
has now cleared one of the final hurdles for WTO membership, with officials
confirming last week that negotiations in the Working Party tasked with that
process are now completed.
The expected entry of Afghanistan to the global trade club
marks the ninth least developed country (LDC) to be invited to join the
organisation since it was founded in 1995. The talks have been underway for
over a decade, with Kabul tabling its request to join the WTO in November 2004.
Mohammad Ashraf Ghani, the
President of Afghanistan, similarly welcomed the news, saying that WTO
membership could pave the way for the country’s transition into “an effective
and functioning market economy that attracts investment, creates jobs and
improves the welfare of the people.”
Along with negotiating with WTO members at the multilateral
level in the Working Party process, any country interested in joining the
global trade club must also hold bilateral negotiations with any interested
current member, with those concessions then extended to the entire WTO.
Afghanistan concluded the last of those bilateral talks in February
2014.
Acceding
LDCs: Afghanistan’s Working Party Chairperson, Roderick van Schreven of the Netherlands, remarked last week that the
“conclusion of this least developed country’s accession is a critical win-win
for LDCs and the WTO,” as Afghanistan will be the second LDC to receive
approval from the organisation’s membership this year, following
the approval of Liberia’s accession package in October.
Six more LDCs, namely Bhutan, Comoros, Equatorial Guinea,
Ethiopia, Sao Tomé and Principe, and Sudan, are all negotiating to accede to
the organisation, though those processes saw limited to no movement last year,
according to the WTO Annual Accession Report for 2014.
To date,
34 of the 48 countries classified by the UN as least developed countries are
members of the global trade body, with Afghanistan and Liberia set to bring
that number up to 36.