Comoros has Joined the World Trade Organization After 17 Years of Negotiations

Members officially approved the WTO accession of Comoros last February, but the country became a full member on Tuesday. The WTO Director-General Ngozi Okonjo-Iweala believes the move can be “a vehicle for modernization, economic transformation and a complement to the Comoro’s regional integration agenda on the African continent.” The archipelago of three islands and about 850,000 people joins 35 other members in the least-developed countries category. The agricultural sector remains the backbone of the economy, with subsistence farming accounting for the largest share. According to the EU GSP, the Comoros’ most important trading partners are the 27-nation bloc and the United Arab Emirates. Twenty-two governments, including eight African countries, are still negotiating their WTO accession.

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