Pre-requisites to establishing an Islamic common market

Several commonly-accepted steps must occur before economic integration among nations can arise: the desire and will to integrate; a customs union to establish tariffs and seal the trading bloc; and free trade within the bloc, with all member states acting in unison. After World War II ended, the European Common Market was set up, with the Treaty of Rome incorporating several principles of a common market. Since the League of Arab States' Treaty in 1950, the Arab world has made efforts toward integration as well. In 1981, the Cooperation Council for the Arab States of the Gulf (GCC) was established for economic cooperation and other specific measures. At the Morocco summit of 1969, the Organization of the Islamic Conference was founded in the wake of the burning of the al-Aqsa mosque. Muslim countries should look inward instead of relying on the world's more developed nations. The majority of Muslim nations are pre-industrial, while the developed world is moving toward a post-ind