TURKISH MINISTER CALLS FOR OIC CUSTOMS HARMONIZATION

Ankara – Turkey’s Development Minister Lutfi Elvan called on Islamic countries today to exert double efforts to achieve economic growth that exceeds global growth rates.

The Turkish Minister of Development was speaking in Ankara at the opening of the 33rd meeting of the Monitoring Committee of the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (OIC), which will be held over two days.

“Now, we have a new goal of realizing 25 percent intra-OIC trade, to be achieved by 2025. With staunch and resolute efforts, I am confident that we can reach and even go beyond this target within this period,” Elvan said.

He pointed out that the organization has been able to achieve many of the goals set in the past years through a coordinated and organized work plan.

The Turkish Minister pointed out that the volume of trade exchange between the OIC countries currently reached 21.4% and that fluctuations in oil prices have had positive effects in achieving this percentage.

The OIC, the second largest intergovernmental organization after the United Nations, was founded in 1969. It has 57 member states, spread across 4 continents. These are Muslim-majority countries from the Arab World, Africa, Central Asia, South-East Asia and the Balkans (Bosnia and Albania). (QNA)

Source: Qatar News Agency