It offers the economic integration of the Islamic nation great potential that cannot be compared to its current potential, in comparison to the potential of every country.
The economic conglomerates in the world are considered an element of exceptional strength, so it is better for Islamic countries to conglomerate after dissolution and weakness, and work to consolidate their natural, economic, and human potential with the preparation and rehabilitation of a strong economic conglomerate that stands in front of other conglomerates to defend their interests.
And Moroccan experts and academics, in a speech to the community, confirm the existence of opportunities for the success of this integration, with the existence of challenges and obstacles that cannot be denied, but can be overcome with the will and determination and look to the interests of the people first and last.
يبرز Professor of International Relations Maghreb د. Muhammad بوبوش that the economic unity between the countries of the Islamic world has become an imperative in the world that does not recognize the small and weak entities.
He adds that it is certain that the countries of the Islamic world today have enormous economic wealth and enormous human resources.
Mr. President of the Moroccan Center for Strategic Studies and International Relations d. Mohsen Al-Nadwi, the economic integration between Islamic countries, production, geography and thought.
It highlights that these Islamic countries have natural and diverse resources in terms of agricultural resources (plants and animals), which make up 20% of the world’s agricultural land, and also human resources; As the population of the Islamic world is more than one billion people, and it grows annually at a rate of 5%, and there are mineral resources such as copper, gold, sulfur, phosphates, copper, iron, aluminum, coal, and others, as well as petroleum in 35 countries (45% of global production), natural gas in 25 countries (80% of global production), phosphates (70% of global production), and aluminum (23% of global production).And he points out that the Islamic countries are spread over 4 continents, and their area is 32 million km2; A quarter of the world’s area, overlooking the most important places in the world, including seas, oceans, and seas, and also has rivers, while the geographical population of the Islamic countries has enormous human wealth, and growth; As the population factor is important in development, in addition to the intellectual foundations of the Islamic religion, which urges integration, inclusiveness, and the unity of the nation and the Islamic brotherhood.
One of the most important actions that must be taken is to support the positions of Islamic countries in the face of international competition in the field of international trade so that they can prove their existence in the international arena, expand the areas of production, and diversify the ways to meet the needs of the market in the member countries, and work to find employment opportunities for the Arab and Muslim youth.
It confirms the coverage of the needs of the market in the member and friendly countries, and then the export of the profit abroad, in the system of commercial exchange with the international markets, based on the principle of mutual cooperation based on justice and mutual respect between the parties concerned, in addition to the division of international Islamic work, which means the establishment of large production projects based on specialization and relative advantages.
It also increases the possibility and volume of investment in the context of economic integration, which leads to an increase in savings, which helps to increase investment, and increase the bargaining power of Islamic countries in integration. To improve the rate and efficiency of trade with foreign countries, and limit the periodic fluctuations in the level of operation and production in developed industrialized countries.
the challenges Islamic economic challenges
The Islamic world is geographically, demographically, culturally, and linguistically diverse, and despite the existence of bilateral economic relations between most countries, it lacks an effective economic organization, and the Organization of the Islamic Conference is still a political forum, and is not active in the development of economic cooperation between its members.
He adds that there are internal and external factors that pose a real challenge to the achievement of economic integration among the countries of the Islamic world, including the problems of political borders between Islamic countries and political conflicts between them, the differences in governance systems and the weakness of international trade. As for the external factors, which are caused by a mixture of foreign elements against Islamic integration, this is done in the context of imposing dependence on Islamic economics and fighting any attempt to achieve economic independence that remains constrained by economic dependence on the capitalist economic system.