TY - JOUR TT - The Role and Importance of "Multılateral Clearıng Unıon" Project for theDevelopment of Trade Among Islamıc Countries AU - Ersun, Nur AU - Arslan, Kahraman PY - 2010 DA - October JF - Muhasebe ve Finansman Dergisi PB - Muhasebe ve Finansman Öğretim Üyeleri Bilim ve Araştırma Derneği WT - DergiPark SN - 2146-3042 SP - 172 EP - 190 IS - 48 KW - Kliring KW - karşılıklı ticaret KW - islam ülkeleri KW - dış ticaret N2 - When the trade potential of İslamic countries is considered, the economic relations among the İslamic countries are seen to be insufficient. For the development of the mentioned relations and their economic development and wealth level increase as a whole İslamic community, the materialistic and historic conditions are present. Before all, the establishment of an effective cooperation mechanism among themselves and its implementation is of importance. Out of 57 members of the Islamic Development Organization, 22 countries are defined to have a "very low development" and the economic success of Islamic countries are under the sovereignty of a few countries. This condition reflects the deep precipice among the Islamic countries and becomes a factor preventing cooperation. Specially, underdeveloped and developing countries confront various difficulties in their foreign trade pratices. Foreign debt problem leading the way, several problems are present like the inconsistenciy of the required basic raw material prices, control of foreign exchange, goods inventories, the insufficiency of their bargaining power in maintaining credits, the evaluation of unused capacity and the overcoming of preventive programs of international organizations. In order to solve these problems several projects have been developed and put inta implemention. One of them is "Multilateral Islamic Clearing Union". In this project the reasons for bilateral trade have been stressed, the effects of the benefits that are to be provided by multilateral clearing union on developing trade among Islamic countries have been studied UR - https://dergipark.org.tr/tr/pub/mufad/article/396021 L1 - https://dergipark.org.tr/tr/download/article-file/426857 ER -