Nazarbayev proposes to establish Regional Fund for Food Aid within OIC with HQ in Kazakhstan
12:03, 8 June 2011
ASTANA. June 8. KAZINFORM /Kanat Kulshmanov/ President Nursultan Nazarbayev suggests creating a Regional Fund for Food Aid within the framework of the Organisation of the Islamic Conference (OIC).
"For strengthening food security I propose to elaborate the system of food aid within the OIC. It may be based on establishment of a regional fund on the model of FAO in the structure of the Islamic Development Bank Group and food pool of the OIC member states," N.Nazarbayev said at the World Islamic Economic Forum in Astana.
The Head of State offered to locate the fund's headquarters in Kazakhstan, in the country, which actively develops the export food potential.