Previous Resolutions and Initiatives

Towards foundation/formation of SEACO

  1. A resolution on South East Asian Cooperation (SEACO) moved by Bangladesh Private Sector was unanimously endorsed by the OIC countries and the Private Sectors at the INDO-IDB   Seminar organized by the Govt. of Indonesia and the IDB, Chaired by H. E. Dr. B.J. Habibie,   former President of Indonesia and Co-Chaired by the President of IDB, which was held in the   historic City of Bangdung (11-18 December, 1992).
  1. Subsequently, it was recommended by the 11th General Assembly of the Islamic Chamber of Commerce & Industry in Kuala Lumpur (6-7th December, 1993).
  1. Endorsed, by the International Seminar on the Islamic Common Market held in Dhaka (18- 20th December, 1993).
  2. MFA letter dated: May 1994: Bangladesh Foreign Minister’s letter on May 12, 1994, to the Foreign Ministers of Brunei,   Malaysia, Maldives and Indonesia forwarding the SEACO proposal on behalf of the GOB and   seeking consultation “to ascertain the reaction of your Government towards holding informal   consultation on the idea of forming SEACO“.
  1. IDB President Letter dated 15[0 July 1996: lDB President vide letter dated 15th July 1996 commends the efforts of SEACO and stated   “lDB would seriously consider extending technical support to the intended regional meeting   when the concerned Member States decide to hold the meeting.

IDB looks forward to the creation of SEACO as an important initiative to the promotion of   cooperation among Member States and hopes for cooperation with this organization when it is   established.“

  1. [SEACO IN AGENDA IN OFFICIAL TALKS BETWEEN PRIME MIN ISTERS, 1996]: SEACO” was in Agenda in official takes between the Prime Minister of Bangladesh Hon‘ble   Sheikh Hasina MP and Tun Dr. Mahathir Mohammad, Prime Minister of Malaysia in Kuala   Lumpur in 1996”.
  1. SEACO was endorsed by the 26th ICFM in Burkina Faso in 1999
  2. SEACO was endorsed by the 27th ICFM in Kuala Lumpur in 2000
  3. 9th Islamic Summit, 2000 Qatar in its Resolution stated: “Further recalling Resolution” No. 6/24 ·E of the 24th Session of the Islamic Conference of   Foreign Ministers, in which Member States were invited to reinforce Sub-Regional and   Regional   Markets and relaunch the existing economic integration projects among   themselves”.

“Reiterates urgent need to take practical steps to ensure economic integration among the   OIC Member States with the ultimate objective of establishing an Islamic Common Market or   any other form of economic integration an Islamic Common Market or any other form of   economic integration, on a step-by-step basis, among OIC Members States, and commends   the efforts exerted by the Arab Economic and Social Council to create a major Arab free   trade and   other similar initiatives namely, the. ECO, SEACO, ECOWS, CEMAC and CEMAO”.

  1. 28th ICFM ,2001 Mail in its Resolution stated: “Further recalling Resolution No. 6/24-E of the 24’h Session of the Islamic Conference of   Foreign   Ministers, in which Member States were invited to reinforce Sub-Regional Markets   and   relaunch the existing economic integration projects among themselves”,

“Stresses the need to promptly take practical steps foremost of which is to set up joint   investment projects among Member States to achieve economic complementarily between   them to ensure economic integration among the OIC Member States with t he ultimate   objective   of establishing an Islamic Common Market or any other form of economic integration, on a   step by step basis, among OIC Member States, and commends the efforts exerted by the   Arab Economic and Social Council to create a major Arab free trade zone and other similar   initiatives namely, the CEO, SEACO, ECOWAS, CEMAC and CEMAO.“

“Initiatives Members States to endeavor to reinforce sub-regional and regional economic   groupings and re launch the existing economic integration projects among Islamic countries,   with a view to and institutionalizing cooperation in the fields of trade, investment I finance   and technology among these countries which could methodically prepare the establishment of   an   Islamic Common Market or any other suitable form of economic integration among   themselves.

  1. 29th ICFM , 2002 in Khartoum, in its Resolution stated: “Recalling Resolution No. 1-9-E (IS) adopted by the Ninth Session of the Islamic Summit   Conference in Doha.

Also recalling Resolution No.l/28-E adopted by the Twenty eight Session of the Islamic   Conference of Foreign Ministers;

Further recalling Resolution No. 6/24-E of the 24th Session of the Islamic Conference of   Foreign   Ministers, in which Member States were invited to reinforce Sub-Regional and   Regional Markets   and relaunch the existing economic integration projects among   themselves”.

Having considered the report of the Secretary General on the matter:

“Stresses the need to promptly take practical steps, foremost of which is to set up joint   investment projects among Member States , to achieve economic complementarities   between   them to ensure economic integration among the ole Member States with the   ultimate objective   of establishing an Islamic Common Market or any other form of   economic integration , on a   step-by-step basis, and commands the efforts exerted by the   Arab Economic and Social Council   to create a major Arab free trade zone and Encourages   the regional organizations in which   Member States participate , especially the ECO, SEACO,   ECOWAS, CEMAC and CEMAO to continue   their efforts in this area.“

  1. [IDB President’s letter dated: 10th June 2009]: IDB President again reiterates IDB’s technical support to holding of Member States when   they decide to hold a meeting video his recent letter dated: 10ih June, 2009 stated:-

“I also appreciate Y0Ui proposal for formation of some Regional Economic and 1rade   Cooperation Arrangements among the 5 OIC Member Status, namely, Indonesia, Malaysia,   Brunei, Bangladesh and Maldives located in the South anti South-East Asia, I would like to   suggest that such a subject to be initiated from the concerned OIC Member States. If this   initiative materializes, the Islamic Development Bank will be happy to extend its support.”