Iran eyes WTO entry

GENEVA: Iran is prepared to negotiate its way into the World Trade Organisation (WTO), Industry

Minister Mohammad Reza Nematzadeh said on Thursday, building on the momentum of a landmark nuclear deal as Tehran restores international economic links after years of sanctions. Tehran sealed an accord with world powers in July, agreeing to curb sensitive parts of its nuclear programme in return for an easing of international sanctions. The breakthrough, after more than a decade of deadlock, is prompting keen interest from foreign firms in striking business deals in Iran. Joining the WTO would involve long and difficult negotiations, but Nematzadeh said Iran was already opening up its trade and investment regime and pursuing bilateral and regional integration with its trading partners.