A first time-ever Islamic trade fair opened its doors on Monday (19 November) in Istanbul, Turkey.
A first time-ever Islamic trade fair opened its doors on Monday (19 November) in Istanbul, Turkey. the fair was launched on behalf of the private trading sector of Turkey, and was established to increase the Islamic countries' access to the markets of the world. Its aim is also to promote better cooperation in the social, political and economic fields of Moslem nations.
SYNOPSIS: The fair was opened by Mr. Aytekin Kotil, Mayor of the host city, istanbul. the conference will be held in a different Moslem county each year in the hope of developing trade between them.
Only members of the Conference of Foreign Ministers of islamic States are eligible to exhibit. About twenty Islamic nations participated. Preparations were meticulously carried out in order to lay a good foundation for future fairs. Apart from exhibits, emphasis was also placed on business contacts, and measures were taken to help participating states promote their trade and industry.
Many Moslem countries are well situated for land, sea and air transport. But they are aware they are often commercially handicapped by their fast-growing populations, insufficient modern technology, and a scarcity of certain natural resources.
The Islamic fairs are seen as an important step towards cooperation in such areas as the improvement of basic national services, providing a sufficient supply of consumer goods, especially food, and the joint development of tourism.