President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has urged the need for forming a joint Islamic market by the Organization of Islamic Cooperation (OIC) member states within ten years.
Gholam Hossein Shafei, who is in Kazan to attend a Russia-Islamic World Forum, made the remarks addressing a meeting of the presidents of the chambers of commerce of OIC countries.
He said that the OIC is moving not only towards regional development, but also towards global development.
With members from four different continents, the move of the Organization of Islamic Cooperation is towards glory, Shafei said.
Expansion of cooperation among Islamic countries can play a key role in creating jobs and helping the industrial and agricultural development of these countries, he added.
Noting that the world is projected to be facing three different challenges for meeting energy, water and food needs in the future, the Iran Chamber of Commerce president said that “fortunately, the energy reserves of the Islamic countries in Asia and Africa are so much that they can meet the needs of the member countries of the Organization of Islamic Cooperation for many years.”
He also referred to fertile lands of Islamic countries which can help the world meet the increasing need for food.