Policy recommendations on how OIC countries can strengthen their food systems, address a trillion dollar Halal opportunity and drive economic growth – New Report by DinarStandard and COMCEC
Ankara, Turkey, October 23rd, 2019 – DinarStandard, a strategic and investment advisory firm focused on OIC (“Organization of Islamic Cooperation”) markets, developed the Study, titled “Increasing the resilience of Food Systems in Islamic Countries in the face of future crises”, which launched at the 14th Meeting of the COMCEC Agriculture Working Group, attended by representatives of Ministries of Trade and Ministries of Agriculture from OIC Member States.
The purpose of the Study was to establish the critical link between strong food systems and economic growth, identify global best practices in building resilience food systems, benchmark and segment OIC member countries in the strength of their food systems and provide policy recommendations for the OIC Member States. An industry survey, in-depth interviews, and five country case studies, including three field visits, constituted the primary research tools used.
The Study highlighted the tremendous opportunity for the 57 OIC Member states that collectively represent 24% of the global population and 15% of global GDP on PPP terms with substantial natural advantages that can drive economic prosperity.
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