KARACHI: Pakistan has urged Muslim nations to deepen economic and digital integration, according to an official statement on Tuesday, calling for the removal of trade barriers and joint investment in green and technology-driven growth across the Islamic world.
Addressing the 41st session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organization of Islamic Cooperation (OIC), Commerce Minister Jam Kamal Khan said stronger intra-OIC cooperation was essential to face global economic, political and environmental challenges.
“For us in the Islamic world, economic cooperation is not merely about trade: it is about forging stronger bonds of partnership and mutual benefit,†he told delegates.
Khan said intra-OIC trade remained below potential due to regulatory barriers, limited connectivity and infrastructure gaps while calling for cutting non-tariff barriers, streamlining customs and harmonizing trade regulations to enable freer movement of goods and services.
“Pakistan believes the OIC Trade Agreement should become a real tool for trade liberalization and cross-border facilitation,†he said, urging more private-sector engagement and public-private partnerships to spur investment and job creation.
The minister highlighted the need to prioritize digital integration in areas such as e-commerce, fintech and digital infrastructure to create new opportunities for youth and entrepreneurs.
“By promoting digital integration, we can enhance market access and create new prospects for innovation and growth,†he said.
He also proposed the creation of an OIC Green Finance Mechanism to fund climate-resilient and renewable-energy projects, stressing that economic progress must align with environmental stewardship.
Khan suggested establishing an OIC Center of Excellence for knowledge sharing and capacity building in sectors such as agriculture, manufacturing and clean energy.
Speaking on behalf of the Asia Group of OIC member states, he pointed out that while digital technologies were reshaping trade and finance, significant disparities persisted in broadband coverage, data governance and cross-border payments.
“The Muslim Ummah must act decisively to ensure that no member state is left behind in this digital transformation,†he said, urging investment in secure and inclusive digital infrastructure and Shariah-compliant financial tools for small and medium enterprises.
