{"id":279380,"date":"2022-08-25T00:46:40","date_gmt":"2022-08-24T19:46:40","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=279380"},"modified":"2022-08-25T00:46:40","modified_gmt":"2022-08-24T19:46:40","slug":"business-community-urges-oic-to-further-promote-intra-trade-among-member-states","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/business-community-urges-oic-to-further-promote-intra-trade-among-member-states\/","title":{"rendered":"Business community urges OIC to further promote intra trade among member states"},"content":{"rendered":"<p> LAHORE<br \/>\nPakistani business community Wednesday urged the OIC to further strengthen and promote intra trade among member countries to offset looming global threat on their economies in the wake of Russia-Ukraine conflict.<br \/>\nTalking to a delegation of industrialists and traders led by Afaq Shoukat Mokal from Kasur Chairman United Business Group in the federation of Pakistan Chamber of Commerce and Industry Shahzad Ali Malik,Sitar-E-Imtiaz here today said OIC is the second largest inter-governmental Orgnisation after United Nations with a large membership of 57 states covering four continents whereas it\u2019s intra trade between 2019-20 registered a decrease of 21.2 percent ranging from US$700.1 bn and US$522.8 bn in 2019.<br \/>\nHe pointed out that during covid 19,the world economy has witnessed an unprecedented turbulence that impacted different crucial sectors in which several countries are recovering gradually with slow pace but not at the same level everywhere.<br \/>\nHe said whole of OIC is blessed with huge natural resources and minerals deposits but their share in global economy and even within member countries is not upto inherited potentials.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LAHORE Pakistani business community Wednesday urged the OIC to further strengthen and promote intra trade among member countries to offset looming global threat on their economies in the wake of Russia-Ukraine conflict. Talking to a delegation of industrialists and traders led by Afaq Shoukat Mokal from Kasur Chairman United Business Group in the federation of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-279380","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business community urges OIC to further promote intra trade among member states<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/business-community-urges-oic-to-further-promote-intra-trade-among-member-states\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business community urges OIC to further promote intra trade among member states\" \/>\n<meta property=\"og:description\" content=\"LAHORE Pakistani business community Wednesday urged the OIC to further strengthen and promote intra trade among member countries to offset looming global threat on their economies in the wake of Russia-Ukraine conflict. 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