Muslim states in Turkey discussing preferential trade

The agreement would bring about a reduction in customs duty between OIC members.

Muslim states in Turkey discussing preferential trade
Officials from member states of the Organization for Islamic Conference (OIC) met in the Turkish capital, Ankara on Tuesday to review efforts to sign a preferential trade agreement.

Twenty-one member states are participating in the talks to liberalize trade between OIC countries.

"There are only a few more steps to take to have the agreement functional, and in just six months we will have the ground rules of a transparent trade system between Islam countries," said Ulker Guzel, an official from the Turkish undersecretariat for foreign trade.

The agreement would bring about a reduction in customs duty between OIC members.

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Last Mod: 17 Haziran 2008, 15:49
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