IQNA

Muslim Countries Urged to Introduce Common Currency  

13:24 - March 06, 2024
News ID: 3487455
IQNA – Muslim countries can form a common currency like the euro to facilitate trade and commerce among them, the prime minister of Bangladesh suggested.

Prime Minister of Bangladesh Sheikh Hasina

 

“It would be very good if we can introduce a common currency following the European Union to facilitate trade and commerce among us,” Sheikh Hasina said.

She made the remark in a meeting with a delegation of D-8 trade ministers led by Turkish Deputy Minister of Trade Mustafa Tizcu at her official residence Ganabhaban in Dhaka.

Hasina said that the D-8 was formed with the eight Muslim-majority countries of the world aiming to enhance the trade and commerce among them along with improving friendship to develop the socioeconomic status of the people of these countries.

The grouping comprises Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.

“My aim is to improve the fate and socioeconomic development of the common people. It is possible only when we will be able to enhance trade and commerce among us,” she said.

She mentioned that the member countries of the D-8 have ample scope to do achieve this.

“If we can improve trade among us then we do not have to be dependent on others,” she said.

Talking about the Muslim Rohingya issue she said that their one or two generations are going to be lost.

She expressed her grave concern regarding their dignified repatriation to their homeland.

“It is becoming difficult day by day, especially because of the present internal conflict in Myanmar the move to repatriate them is becoming tough,” she said.

She said that the D-8 should work together like a family in trade and commerce and technical assistance to each other for developing their own fate.

The main agenda of the meeting was to implement preferential trade agreement (PTA) among the D-8 member countries and expand its areas of effectiveness.

In this regards, a Dhaka Declaration was made and adopted at the meeting of Council of Ministers as they agreed to boost bilateral and multilateral trades among the D-8 countries.

The delegation said that at the meeting they decided to increase the trade volume among the D-8 member countries, which is now US$ 146 billion, to US$ 500 billion by 2030.

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They also appreciated the prime minister for hosting the forcibly displaced Myanmar nationals, Rohingya, saying that the D-8 and Muslim countries will continue to provide assistance and cooperation for them.

Talking about the Israeli regime’s attacks on the Gaza Strip, the delegation members lauded Bangladesh’s stance in support of the Palestinian people.

 

Source: Asianews.network

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