After 11 years of negotiations, Tajikistan is set to join the World Trade Organization (WTO) within the next few months.
President Emomali Rakhmon was in Geneva on Monday to sign a package of membership agreements that commit Dushanbe to opening its markets and standardizing import tariffs. Tajikistan’s rubberstamp parliament must ratify membership by June 7, 2013. The country will become a WTO member 30 days after ratification, making it the trade body’s 159th member.
“Today constitutes a landmark in Tajikistan's history and lays solid foundations for further promotion of sustainable social and economic growth,” Rakhmon said at the signing ceremony. “Tajikistan will use its WTO membership as a means of fostering future economic growth and prosperity.”
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