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Difference between Iran and World Trade Organization

Iran vs. World Trade Organization

Iran, officially the Islamic Republic of Iran (IRI), also known as Persia, is a country in West Asia. It borders Turkey to the northwest and Iraq to the west, Azerbaijan, Armenia, the Caspian Sea, and Turkmenistan to the north, Afghanistan to the east, Pakistan to the southeast, the Gulf of Oman and the Persian Gulf to the south. With a mostly Persian-ethnic population of almost 90 million in an area of, Iran ranks 17th globally in both geographic size and population. It is the sixth-largest country entirely in Asia and one of the world's most mountainous countries. Officially an Islamic republic, Iran has a Muslim-majority population. The country is divided into five regions with 31 provinces. Tehran is the nation's capital, largest city and financial center. A cradle of civilization, Iran has been inhabited since the Lower Palaeolithic. It was first unified as a state by Deioces in the seventh century BC, and reached its territorial height in the sixth century BC, when Cyrus the Great founded the Achaemenid Empire, one of the largest in ancient history. Alexander the Great conquered the empire in the fourth century BC. An Iranian rebellion established the Parthian Empire in the third century BC and liberated the country, which was succeeded by the Sasanian Empire in the third century AD. Ancient Iran saw some of the earliest developments of writing, agriculture, urbanisation, religion and central government. Muslims conquered the region in the seventh century AD, leading to Iran's Islamization. The blossoming literature, philosophy, mathematics, medicine, astronomy and art became major elements for Iranian civilization during the Islamic Golden Age. A series of Iranian Muslim dynasties ended Arab rule, revived the Persian language and ruled the country until the Seljuk and Mongol conquests of the 11th to 14th centuries. In the 16th century, the native Safavids re-established a unified Iranian state with Twelver Shi'ism as the official religion. During the Afsharid Empire in the 18th century, Iran was a leading world power, though by the 19th century, it had lost significant territory through conflicts with the Russian Empire. The early 20th century saw the Persian Constitutional Revolution and the establishment of the Pahlavi dynasty. Attempts by Mohammad Mosaddegh to nationalize the oil industry led to an Anglo-American coup in 1953. After the Iranian Revolution, the monarchy was overthrown in 1979 and the Islamic Republic of Iran was established by Ruhollah Khomeini, who became the country's first Supreme Leader. The forces of Saddam Hussein invaded in 1980, initiating the 8-year-long Iran-Iraq War. Iran is officially governed as a unitary Islamic Republic with a Presidential system, with ultimate authority vested in a Supreme Leader. The government is authoritarian and has attracted widespread criticism for its significant violations of human rights and civil liberties. Iran is a major regional power, due to its large reserves of fossil fuels, including the world's second largest natural gas supply, third largest proven oil reserves, its geopolitically significant location, military capabilities, cultural hegemony, regional influence, and role as the world's focal point of Shia Islam. The Iranian economy is the world's 19th-largest by PPP. Iran is an active and founding member of the United Nations, OIC, OPEC, ECO, NAM, SCO and BRICS. Iran is home to 27 UNESCO World Heritage Sites, the 10th highest in the world, and ranks 5th in Intangible Cultural Heritage, or human treasures. Iran was the world's third fastest-growing tourism destination in 2019. The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade.

Algeria

Algeria, officially the People's Democratic Republic of Algeria, is a country in the Maghreb region of North Africa. It is bordered to the northeast by Tunisia; to the east by Libya; to the southeast by Niger; to the southwest by Mali, Mauritania, and Western Sahara; to the west by Morocco; and to the north by the Mediterranean Sea. Algeria has a semi-arid climate, with the Sahara desert dominating most of the territory except for its fertile and mountainous north, where most of the population is concentrated. Spanning, it is the world's tenth-largest nation by area, and the largest nation in Africa. With a population of 44 million, Algeria is the tenth-most populous country in Africa, and the 32nd-most populous country in the world. The capital and largest city is Algiers, located in the far north on the Mediterranean coast. Inhabited since prehistory, Algeria has been at the crossroads of numerous cultures and civilizations, including the Phoenicians, Romans, Vandals, Byzantine Greeks, and Turks. Its modern identity is rooted in centuries of Arab Muslim migration waves since the seventh century and the subsequent Arabization of the Berber population. Following a succession of Islamic Arab and Berber dynasties between the eighth and 15th centuries, the Regency of Algiers was established in 1516 as a largely independent tributary state of the Ottoman Empire, ruling over much of the country's present-day northern territory. After nearly three centuries as a major power in the Mediterranean, the country was invaded by France in 1830 and formally annexed in 1848, though it was not fully conquered and pacified until 1903. French rule brought mass European settlement that displaced the local population, which was reduced by up to one-third due to warfare, disease, and starvation. The Sétif and Guelma massacre in 1945 catalysed local resistance that culminated in the outbreak of the Algerian War in 1954. Algeria gained its independence on 5 July 1962 and declared the People's Democratic Republic on 25 September of that year. The country descended into a bloody civil war from 1991 to 2002. Algeria's official languages are Arabic and Tamazight; French is used in media, education, and certain administrative matters. The vast majority of the population speak the Algerian dialect of Arabic. Most Algerians are Arabs, with Berbers forming a sizeable minority. Sunni Islam is the official religion and practised by 99 percent of the population. Algeria is a semi-presidential republic composed of 58 provinces (''wilayas'') and 1,541 communes. It is a regional power in North Africa and a middle power in global affairs. The country has the second-highest Human Development Index in continental Africa and one of the largest economies in Africa, due mostly to its large petroleum and natural gas reserves, which are the sixteenth and ninth-largest in the world, respectively. Sonatrach, the national oil company, is the largest company in Africa and a major supplier of natural gas to Europe. The Algerian military is one of the largest in Africa, with the highest defence budget on the continent and among the highest in the world. Algeria is a member of the African Union, the Arab League, the OIC, OPEC, the United Nations, and the Arab Maghreb Union, of which it is a founding member.

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Armenia

Armenia, officially the Republic of Armenia, is a landlocked country in the Armenian Highlands of West Asia.

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China

China, officially the People's Republic of China (PRC), is a country in East Asia.

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COVID-19 pandemic

The COVID-19 pandemic (also known as the coronavirus pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an outbreak of COVID-19 in Wuhan, China, in December 2019.

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De facto

De facto describes practices that exist in reality, regardless of whether they are officially recognized by laws or other formal norms.

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European Union

The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe.

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International Bank for Reconstruction and Development

The International Bank for Reconstruction and Development (IBRD) is an international financial institution, established in 1944 and headquartered in Washington, D.C., United States; it is the lending arm of World Bank Group.

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International Monetary Fund

The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.

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Kazakhstan

Kazakhstan, officially the Republic of Kazakhstan, is a landlocked country mostly in Central Asia, with a part in Eastern Europe.

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Treaty

A treaty is a formal, legally binding written agreement concluded by sovereign states in international law.

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World Bank

The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.

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