Karzai seeks Muslim trade relations

Afghan leader appeals for closer ties with fellow Muslim states at OIC summit in Istanbul.

: Iranian President Mahmoud Ahmadinejad (C), Syrian President Bashar al-Assad (R) and Turkish President Abdullah Gul (L), OIC summit, Istanbul
Ahmadinejad, centre, called for Islamic principles to replace capitalist values [AFP]

Economic support

A Turkish foreign ministry official said there would be a follow-up conference on Afghanistan in the near future, which Turkey had offered to host.

“We have to draw up programmes based on Islamic economic thinkers. That way we can guide people to happiness, security, justice and honesty. This is the most correct way to salvation”

Mahmoud Ahmadinejad, the Iranian president

Turkey has troops serving with Nato forces in Afghanistan and Gul said Afghanistan would need foreign military and economic support until Afghans were trained and equipped to look after their own security.

“As stakeholders in the region, we cannot expect that the United States and other Western powers solve the problems by themselves. We should shoulder our responsibilities,” Gul said.

The widespread fraud reported during the Afghan election and the refusal of Karzai’s chief rival to contest a run-off have damaged Karzai’s credibility at the start of his second term.

Karzai was seen as a guarantor of Western aid when he was first elected in 2004, but his relations with the US and other Western allies have become strained by allegations of corruption and poor governance.

His popularity has dwindled as many ordinary Afghans believe they have not benefited from billions of dollars in aid.

Islamic trade

Also speaking at the summit, Ahmadinejad said the global economic order needs “radical change”, calling for Islamic principles to replace capitalist values.

“The present economic crisis is due to the capitalist system. The world needs radical change,” the Iranian president said.

Describing interest rates as the “biggest and most fundamental problem of the capitalist system,” Ahmadinejad said economic programmes based on Islamic principles offered the way out.

“The world is looking for fairer values that we cannot find in  the capitalist system. The world system based on usury has collapsed, proving its failure,” he said.

“We have to draw up programmes based on Islamic economic thinkers. That way we can guide people to happiness, security, justice and honesty. This is the most correct way to salvation.”

The president urged member countries of the OIC to agree to carrying out trade in their national currencies and setting up a common market.

“By announcing the type of money to be used between member countries, we will be saved from the adverse effects of global capitalism,” he said.

Source: News Agencies