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Take joint action to tackle climate change, recession

Zillur urges OIC countries

UNB, Dhaka
President Zillur Rahman yesterday urged the leaders of Muslim Ummah to take a concerted action to face the two-pronged problem of adverse effects of the global climate change and economic recession that has hit the OIC member-countries like Bangladesh.
"Indeed, the challenges caused by climate change, food insecurity and the current economic crisis call for concerted actions,” Zillur said this while he was addressing the inaugural session of the' 25 th Session of the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Conference (COMCEC)'in TUrkey
He said tire OIC should
reenergise COMCECas a mechanism for supporting one another in such crisis exploiting the full potential of the resources by enhancing intra-OIC economic cooperation and commercial activities.
“Therefore, we need to focus on meaningful engagement in areas of economic cooperation, trade, science and technology, agriculture, rural development," he told the assembly, also attended by leaders from the oil-rich Middle-Eastern countries, among others.
The COMCEC Economic Summit, being held marking the commercial bloc's 25th founding anniversary, began yesterday in the Turkish city of Istanbul. COMCEC Chairman and Turkish President Abdullah Gul chaired the
function.
Mentioning that Bangladesh is one of the worst victims of climate change, although Its contribution to this global menace is insignificant. Zillur said the country's development efforts have been severely frustrated by the devastating impacts of natural disasters.
"Climate change-induced disasters are now hurting us with increased frequency and severity. They are threatening our development gains over the last few decades, and also our efforts to attain the Millennium Development Goals. The erratic pattern of floods, cyclones and droughts is posing particular threat to our food security,” he told the meet.
About the current financial and economic crisis, he said the country has been witness-
ing a decline in remittances, reduced trade earnings, credit crunch, shrinking employ ment market at home and abroad, decreased flow of foreign direct investment, and stagnant ODA (official development assistance).
Zillur hoped that the Summit would usher in new opportunities, provide guidance and show the Ummah the avenues for increased economic cooperation for the betterment of the people.
Emphasising common objectives to build a strong, prosperous and self-reliant economy for the Muslim Ummah, he said collective and consolidated efforts are needed to strengthen and enrich the economies of the Muslim Ummah.