An Iranian customs official said on Saturday that speedy actions should be taken for accession to the WTO since the organization has an 80 percent share in global trade and 90 percent of Iran`s transactions are with the Organization members, IRNA reported from Mashhad, Khorassan province.

A provincial customs supervisor Nasser Kaviani said at a press conference that countries have managed to find their ways to extensive markets and open their markets to other members after signing up to WTO conventions.

Kaviani said that Iran`s Customs Administration office is ready to conform to economic and commercial policies as Iran should invariably join the WTO in the long run.

Iran has for long been following the ambitious goal of becoming a WTO member by implementing customs modernization plan and designing plans for accession to the global organization.

Iran has been trying in earnest to take prompt actions to accelerate market reforms in the coming years in a bid to enter the WTO.

Most economists view Iran's target as being `too optimistic`, given that there are many hurdles hindering Iran`s accession including US pressure. They argue that more realistic approach to domestic issues are needed.

Many seminars and panel discussions have been held in Iran over the past decade to examine ways and means of such an accession and to find ways to make a quantum leap in regulatory and market reforms to meet the target.

Some officials, including Iran`s envoy to the WTO, Esfandiar Omidbakhsh said Iran is able enough to join the organization.

They say competition in the trade arena, including scrapping state subsidies and lifting state monopoly, are a must for such a move.