Iran Free To Begin Talks With WTO

Today, the World Trade Organization (WTO) agreed to start talks with Iran about it becoming a member, now that the United States has put an end to its longstanding veto. Iran has tried to get into the WTO 22 times in the last five years, but was blocked by the United States every time. The U.S. has had a ban on Iran for nearly 20 years because of beliefs that the country supports terrorism. The United States dropped its veto after Iran made a commitment to resolve a dispute over its nuclear enrichment program. The U.S. has accused the country of using its nuclear power program to make nuclear weapons, violating the Nuclear Non-Proliferation Treaty. At a meeting with foreign ministers of France, the U.K., and Germany, Iran reaffirmed that it is not trying to make nuclear weapons. The U.S. decided to go along with this. "In the European view, Iran continues to suspend its nuclear activities. They believe that a US decision to withhold its veto would help their diplomacy", said a senior U.S. official. Bloomberg News latest ebusiness news