Union of Chambers and Commodity Exchanges of Turkey

Pakistan President Arif Alvi presented Hisarcıklıoğlu with an award


15.11.2019 / Karachi / Pakistan



The Union of Chambers and Commodity Exchanges of Turkey (TOBB) President and the Islamic Chamber of Commerce, Industry and Agriculture Vice President M. Rifat Hisarcıklıoğlu was awarded by Pakistani President Arif Alvi for his contributions to the development of trade between Islamic countries.​

Hisarcıklıoğlu accepted the award on behalf of the Turkish business community and stressed that as the Union of Chambers and Commodity Exchanges of Turkey and the Islamic Chamber of Commerce, Industry and Agriculture, they will continue to work to increase trade between Islamic countries.

- Islamic Arbitration Center in Istanbul

Stating that the Islamic Arbitration Center to be established in Istanbul will give impetus to economic relations, Hisarcıklıoğlu said, “During Turkey’s term as chair of the Organization of Islamic Cooperation of Turkey (OIC), our President, Recep Tayyip Erdoğan ordered the establishment of an OIC Arbitration Center in Istanbul. All technical works have been carried out and completed by TOBB for the OIC Arbitration Center, which is envisaged to be established as an affiliate of the Islamic Chamber of Commerce, Industry and Agriculture (ICCIA). The agreement on the establishment of the Arbitration Center will be signed between the Ministry of Commerce and ICCIA in Istanbul on November 27th, 2019.”

Hisarcıklıoğlu, who also attended the Turkey-Pakistan Chamber of Commerce and Industry Forum meeting in Karachi, Pakistan, said economic relations between the two countries should be improved. Bilateral business meetings were also held between Turkish and Pakistani companies within the scope of the forum.

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