Afghanistan to join WTO

[Sher Malang]

Afghanistan is expected to receive approval to join the World Trade Organization (WTO) next week during a ministerial conference of the trade organization in Nairobi, Kenya (NYT). Roberto Azevêdo, the director general of the WTO, stated: “This is really positive news for Afghanistan and the W.T.O.” Afghan President Ashraf Ghani commented that membership would provide “a catalyst for domestic reforms and transformation to an effective and functioning market economy that attracts investment, creates jobs and improves the welfare of the people of Afghanistan.” Yet Afghanistan continues to wrestle with the challenges of an economy largely dependent on foreign aid and illegal opium production.

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[That Guy]

This is a big symbolic win for Ghani, who's public face has been one of a economic mastermind. It may not have any practical effects for years, but it will help ease Afghanistan into the global economy much more effectively.