Organisation of Islamic Cooperation to achieve 25 percent mark

The Organisation of Islamic Cooperation, OIC, is in the process of implementing a string of measures aimed at consolidating the intra-OIC Member States’ cooperation in areas of trade, investment and tourism towards the achievement of the 25% mark in intra-Islamic trade by the year 2025 as adopted by the Tenth Islamic Summit Conference held in Istanbul in April 2016.

OIC Secretary General Dr. Yousef A. Al-Othaimeen made the statements in a speech he delivered at a workshop titled "Trade Facilitation: Identifying non-Tariff Trade Barriers among OIC Member States", which was organised by the Islamic Centre for the Development of Trade, a subsidiary of the OIC, here today.

The Secretary General also noted that the two-day workshop would contribute towards ensuring better-coordinated stands among the OIC Member States in the face of the escalating use of non-tariff barriers on the part of the industrial countries, in a drive to curb this phenomenon and facilitate the access of the OIC Member States’ exports to the countries concerned.

Participants at the workshop includes representatives from 30 Members States, Organs and Institutions of the OIC and delegates from other multinational Institutions.