Somalia’s Deputy Prime Minister, Salah Jama, and the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, held a series of discussions on World Trade Organisation (WTO) on Tuesday.
Their discussions highlight Somalia’s ongoing efforts to join the WTO.
This follow-up discussion in Geneva underscores the Somali government’s dedication to advancing its accession process, which is a significant step toward integrating into the global trading system.
Somalia’s accession to the WTO would require the country to align its trade policies with international standards, improve its economic infrastructure, and demonstrate a commitment to open and fair trade practices.
The Deputy Prime Minister’s reaffirmation of the government’s commitment signals Somalia’s readiness to undertake the necessary reforms to achieve WTO membership.
This process is crucial for Somalia as it seeks to rebuild its economy, attract foreign investment, and enhance its participation in global trade.
Becoming a WTO member would provide Somalia with access to a rules-based trading system, dispute resolution mechanisms, and opportunities for economic growth through increased trade and investment.
The ongoing talks with the WTO leadership reflect a positive step forward in Somalia’s economic development and international engagement.