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The Golden Age of Islam under Khilafah

MAFTA

Multilateral Agreement for a Free Trade Alliance


I propose formation of an economic block MAFTA composed of Pakistan, China, Afghanistan, Russia, Iran, Turkey, Saudi Arabia, UAE, CARs, Brazil, Indonesia, Malaysia, Venezuella, Japan, Cuba, Bolivia, Ireland, Brunei Dar as Salam and Palestinian Authority for free trade without or reduced customs duties.

A MAFTA secretariat should be formed in Istanbul or Kuala Lumpur to coordinate all the activites.

Pakistan and Afghanistan in particular can benefit from adaptation of the advanced technologies from brotherly countries. An example is the recent Metro Bus project in various cities of Punjab with the help of Turkey.

Malaysia and Indonesia are rich in Palm oil and can meet the needs of member countries. Malaysia is also ahead in technology.

Pakistan is a big exporter of Textile and Leather goods.

Brazil is an important member of BRICS group and the biggest exporter in south America.

Saudi Arabia, Iran and Venezuela are major exporters of crude oil. Russia is also a big exporter of gas and can supply Pakistan through its purchased gas from Turkmenistan.

Japan is the technological giant of the East and is already helping Pakistan in various projects.

Cuba is known for its independent policy and is the leading voice of the leftist world and will help us in gaining more space and allies diplomatically. The Cuban doctors performed selflessly during the 2005 earthquake in Pakistan.

Republic of Ireland is known for its independent foreign policy on the European mainland as opposed to Britain which is always toeing the American line.

Iran has patched up its differences with America and is emerging on world stage as a mature power.

Turkey is leading the Muslim world in moderate thought, technology, foreign investment and outreach.
 
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I lolled at "paper money". So many videos by Muslims calling Paper money illegitimate advocating gold as currency and Islamic banking in there ideal Islamic world..

Stupid the concept of gold may be, but i never expected Muslims to be the front runners in introducing paper money.

No one ever said that paper money was illegitimate, the de-linking of paper money from gold is illegitimate. You don't need to listen to Muslims, pick up any good book on economics and enlighten yourself.
 
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