Delegates: Make forum annual event

THE inaugural two-day OIC Business Forum ended yesterday with delegates proposing that such forum be held annually to further strengthen business cooperation among the OIC member countries. 

The declaration, drafted and submitted by six committee members at the end of the forum, proposed that OIC Business Forum be institutionalised as part of future OIC Leaders' Summits where representatives to the forum would present its conclusion to the OIC Summit. 

“We urge all OIC Summits to place issues concerning trade and business matters on the official OIC summit agenda.  

“A prosperous OIC will promote goodwill amongst its members,” the declaration stated. 

The OIC Business Forum has adopted 11 declarations, which would be submitted and circulated as part of the official documents at the OIC Leader's Summit. 

In the declaration, delegates had agreed that OIC Business Forum could be a platform to foster smart partnerships among the business communities of the OIC member countries and facilitate trade, investment and manpower exchanges. 

The promotion of bilateral business partnerships would help to enhance cooperation and peace among Islamic countries. 

The forum urged all future host nations to organise similar business forum as a means to promote peace, mutual cooperation and opportunities.  

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