- CNTV English - CCTV News

Homepage > News > Biz >

WIEF hoped to boost intra OIC trade growth to 20% by 2015

05-18-2010 13:38 BJT

KUALA LUMPUR, May 18 (Xinhua) -- The Sixth World Islamic Economic Forum (WIEF) is hoped to be able to further accelerate the intra Organization of Islamic Conference (OIC) countries trade growth to 20 percent or close to 250 billion U.S. dollars by 2015.

In 2009, the figure was 16.7 percent, up from only 13.6 percent in 2005, Malaysian Deputy Prime Minister Muhyiddin Yassin said here on Tuesday when opening the WIEF Businesswomen Forum and the WIEF Young Leaders Forum.

"This WIEF platform can play a significant role to boost intra trade among OIC countries," said Muhyiddin.

The WIEF is an annual event bringing together world leaders and business leaders from the Muslim and non-Muslim world to meet and network in the name of business.

Organized by the World Islamic Economic Forum Foundation, the Sixth WIEF will be held from May 18 to 20 in Kuala Lumpur, capital of Malaysia.

Malaysian Prime Minister Najib Razak, Bruneian Sultan Hassanal Bolkiah, Indonesian President Susilo Bambang Yudhoyono and Kosovo President Fatmir Sejdiu are expected to speak at the forum.

Other expected speakers who are also country leaders include Maldives President Mohamed Nasheed, Bangladeshi Prime Minister Sheikh Hasina and Senegal President Abdoulaye Wade.

Editor:Zhang Jingya |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program