Greater trade, investment among OIC members: Dipu Moni

Chittagong, Bangladesh: Greater trade and investment would be an important tool for increasing the aggregate wealth and its equitable distribution among the member states of the Organization of the Islamic Cooperation (OIC), urged Bangladesh Foreign Minister Dr. Dipu Moni, according to United News of Bangladesh (UNB).

Bangladesh Foreign Minister Dr. Dipu Moni was speaking at the opening session of the Ministerial Meeting on February 4 in Cairo
Bangladesh Foreign Minister Dr. Dipu Moni was speaking at the opening session of the Ministerial Meeting on February 4 in Cairo in preparation to the 12th Islamic Summit Conference to be held in the Egyptian capital on February 6-7.

The Summit, being held under the theme of “Muslim World: New Challenges and Expanding Opportunites”, will be discussing the seven main agenda, namely Palestine, conflict and humanitarian situations in Muslim world, Islamophobia, and cooperation in economic, scientific, technological, cultural and information affairs.

“By 2011, we have already taken the intra-OIC trade to the level of 17.71 percent, a fact that makes us optimistic of the possibility of reaching the Ten-Year Programme of Action- TYPoA -target of 20 percent by the year 2015,” according to Dipu Moni.

The Foreign Minister said economic cooperation between the member states of OIC can be further accelerated through the implementation of “agreements that we already have” and the promotion of participation of the private sector.

“Cooperation marked by a spirit of solidarity and an approach of understanding can indeed help us overcome the challenges and utilize the opportunities for achieving our cherished goal of peace and prosperity for the Ummah.”

The Muslim world is faced with many new adversities at the national, regional and global level, which could be effectively addressed through greater resolve and unity among the Muslim Ummah.

She spoke on possible ways and means to advance cooperation among the OIC member states in various areas, particularly in trade, human development and women empowerment.

She also called for greater solidarity in the Muslim Ummah for addressing challenges and utilizing opportunities that lie before the Muslim world.

Dipu Moni is leading the Bangladesh delegation – Foreign Secretary M Shahidul Haque, Bangladesh Ambassador to Saudi Arabia and Permanent Representative to OIC M Shahidul Islam, Bangladesh Ambassador to Egypt M Mizanur Rahman and other high officials – to the Ministerial Meeting and the Islamic Summit to be held in Cairo on 06-07 February.

The OIC is an inter-governmental organization grouping 57 States. It was established in 1969 with headquarters in Jeddah. Bangladesh has been a Member State of this Organization since 1974.

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