Economic Integration, Islamic Civilization

The Subject “Economic Integration of the Islamic Civilization” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Course: Islam & Business.

Doctorate (DIB): Ethics, Religions & Business, Islamic Business, Asian Business, African Business, World Trade.

Masters (MIB): International Business, Religions & Business.

Learning materials in or Civilization Islamique Civilizações Islam Integración.

Why study “Islam, Ethics and Business”?.

Interactions of the Islamic Civilization with the other civilizations.

Trade Preferential System of the OIC

1. All the Muslim Countries belong, to a greater or lesser extent, to the Trade Preferential System of the Organization of Islamic Cooperation (OIC).

Economic Integration in the Arab Economic Area.

1. Gulf Cooperation Council (GCC)
   1. The GCC has an agreement with Syria.
2. Arab Development Funds.

Economic Integration in the Islamic Malay Economic Area.

1. Indonesia, Brunei, and Malaysia are members of:
   1. Association of Southeast Asian Nations (ASEAN)
      1. ASEAN Economic Community;
      2. ASEAN Free-Trade Area (AFTA);
      3. Pakistan has a Free Trade Agreement with the ASEAN.
   2. Asia-Pacific Economic Cooperation (APEC) (with other eighteen countries);
   3. East ASEAN Growth Area (BIMP-EAGA) (with the Philippines);
   4. Pacific Economic Cooperation Council (PEEC);
   5. Forum for East Asia-Latin America Cooperation (FEALAC).
2. Indonesia and Malaysia are members of the Growth Triangle (IMT-GT) (with Thailand);
3. Malaysia and Brunei are members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Economic Integration in the Maghrebian Economic Area

1. Algeria, Libya, Morocco, Mauritania, and Tunisia are members of the Arab Maghreb Union (AMU);
2. Morocco, Mauritania, and Tunisia are members of the Community of Sahel-Saharan States (CEN-SAD) (with twenty-one African Countries with Muslim majorities);
3. Mauritania-Tunisia Trade Agreement.

Agreements and institutions covering all the Islamic Economic Areas.

1. Trade Agreements and Economic Institutions;
   1. All the countries of the Arab League are members of the Greater Arab Free-Trade Area (GAFTA);
   2. Egypt, Morocco, Tunisia, and Jordan belongs to the Agadir Agreement;
   3. Algeria, Palestine, Egypt, Jordan, Lebanon, Morocco, Syria, Tunisia, Mauritania, and Turkey belong to the Euro-Mediterranean Partnership;
   4. The Comoros, Bangladesh, Indonesia, Iran, Malaysia, Oman, the Emirates and Yemen are members of the Indian-Ocean Rim Association (IORA) (with others Asian and the African Countries);
   5. The Arab nations and the Maghreb belongs to the Economic and Social Commission for Western Asia (ESCWA) (with Egypt and Sudan).
2. Free Trade Agreements between the Muslim Countries:
   1. Pakistan-Iran Preferential Trade Agreement;
   2. Kyrgyzstan-Pakistan Agreement on Economic Cooperation;
   3. Bangladesh-Pakistan Agreement;
   4. Turkey has Free Trade Agreements with Morocco, Tunisia, Egypt, Jordan, Lebanon, Palestine, Albania, and Syria;
   5. Jordan is one of the Muslim Countries with more FTAs in force: Algeria, Libya, Malaysia, Syria, Tunisia, and Turkey;
   6. Iran has Free Trade Agreements with Algeria and Syria;
   7. Kyrgyzstan has trade agreements with Kazakhstan and Uzbekistan.

Economic Organizations related to the Islamic Civilization.

1. Azerbaijan, Turkey, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan are members of the Economic Commission for Europe (UNECE) and the Organization for Security and Cooperation in Europe (OSCE);
2. All the Asian Muslim Countries and the Maghrebian Countries are members of the Asia-Middle East Dialogue (AMED);
3. All the Asian Muslim Countries are part of the Asia Cooperation Dialogue (ACD), Economic and Social Commission for Asia and the Pacific (ESCAP), Asian Development Bank, and Boao Forum for Asia;
4. Bangladesh, Brunei Darussalam, Indonesia, Iran, Malaysia, Maldives, and Pakistan are members of the Colombo Plan;
5. Indonesia, Brunei, Malaysia, and Pakistan are members of the Asia-Europe Meeting (ASEM);
6. The Countries of the Maghreb and the rest of the African Countries are part of the Economic Commission for Africa (ECA), African Development Bank, African Union Development Agency (AUDA-NEPAD), African Union (Morocco is not a member of the AU), and the Summit of South American-Arab Countries (ASPA);
7. Organization of the Petroleum Exporting Countries (OPEP);
8. United Nations (NU);
9. International Monetary Fund (IMF);
10. World Trade Organization (WTO).

(c) EENI Global Business School (1995-2023)
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