President Mohamed Morsi expressed on Wednesday 6/2/2013 Egypt's pride to host, for the first time after the January 25th Revolution, the Organization of the Islamic Cooperation (OIC) Summit.

This came during his speech to Islamic leaders at the inaugural session of the 12th Summit of the Organization of the Islamic Cooperation (OIC).

President Morsi said that this comes at a time when Egyptians are working post a glorious revolution to build a new reality and establish the foundations for a better future on stable bases of justice, equity, freedom, dignity and democracy.

The President added that the Egyptians are also seeking to maintain strong ties with a view to coordinate, collaborate, and integrate with the Arab, Islamic, and African contexts.

The President said "Comparing the resources and latent capacities of our nations to reality illustrates the seriousness of the duties to be borne".

President Morsi added "Our nations combined account for one-third of the earth and we own half of the world reserves of oil and gas".

He asserted that the Islamic countries are required to harness their natural and human resources.

Statement by President Mohammed Morsi at the inaugural session of the 12th Summit of the Organization of Islamic Cooperation