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Pakistan’s FPCCI calls for stronger economic integration among OIC states

Business Recorder • • 1 min read

Pakistan’s FPCCI calls for stronger economic integration among OIC states

Business Recorder reported that the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has urged deeper economic ties among the 57 member states of the Organisation of Islamic Cooperation (OIC). According to the chamber, trade within the bloc amounted to about US$1 trillion, equal to 20.36% of the members' total foreign trade, even though their combined GDP was around US$10.77 trillion in 2025. The statement issued on Saturday argued that this gap leaves considerable room for growth.

FPCCI President Atif Ikram Sheikh said Pakistan could expand its engagement with OIC markets in textiles, agriculture, pharmaceuticals, engineering goods, information technology, halal products and renewable energy. He argued that cooperation should go beyond ordinary trade and move toward shared ventures, technology tie-ups, capital flows and regional supply networks. He also pointed to Pakistan's geographic position, domestic market, youthful population and industrial base as grounds for attracting investment from member countries.

Sheikh called for more business-to-business contact, joint investment ventures and institutional links between chambers across the Islamic world. In closing, he said the bloc holds large resources and markets, and the goal is to turn that potential into bigger trade, investment and lasting partnerships.

At a glance

  • Intra-OIC trade hit about US$1 trillion, equal to 20.36% of the bloc's total external trade.
  • OIC members recorded roughly US$1.7 trillion in exports and US$1.6 trillion in imports in 2025.
  • FPCCI wants joint ventures and technology tie-ups alongside conventional trade.

Originally reported by Business Recorder

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