Standing Committee for Economic and Commercial Cooperation

The Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC) is one of the four Standing Committees which the OIC has formed to advance issues of critical importance to the Organization and its Member States. This ministerial committee was established pursuant to resolution 13/3-P (IS) adopted by the 3rd Islamic Summit Conference held in Makkah al Mukarammah and Taif in the Kingdom of Saudi Arabia in January 1981. COMCEC follows up the implementation of resolutions in the economic and trade fields, explores possible means of strengthening cooperation among the Member States, and prepares programmes and proposals capable of improving capacities in these areas. COMCEC is chaired by H.E. the President of the Republic of Turkey.

COMCEC has been convening annually at the Ministerial Level in Istanbul since 1984. During the annual sessions of the COMCEC, the delegations of the Member States and the OIC institutions consider and deliberate on a number of agenda items related to various issues of enhancing economic and commercial cooperation among the Member States. These issues ranged from enhancing intra-OIC trade and investment to cooperation among the key economic and policy institutions such as the stock exchanges, central banks, etc. Also, during the annual sessions of the COMCEC, the Ministers of Economy and Trade of the OIC Member Countries exchange their views and elaborate on specific issues with the aim of enhancing and strengthening economic and commercial cooperation among the Member Countries in the face of the global economic challenges. Prior to the annual sessions of the COMCEC, the Follow-up Committee of the COMCEC convenes with the participation of a number of the Member Countries, who are member in this Committee, together with the relevant OIC institutions.

Since 1984, SESRIC has been actively participating in the annual sessions of the COMCEC and its Follow-up Committee meetings through submitting and presenting various background reports and studies on various important agenda items of the COMCEC.

The Official COMCEC Web Site: http://www.comcec.org

Planned / Implemented Meetings

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Second Meeting of the COMCEC Poverty Working Group
Date : 26 December 2013 Venue : Ankara Turkey

The Second Meeting of the COMCEC Poverty Alleviation Working Group was held on December 26th, 2013 in Ankara, Turkey with the theme "Targeting Mechanisms of the Social Safety Net Systems in the COMCEC Region". The Meeting was attended by the representatives of 14 OIC Member States including Azerbaijan, Benin, Cameroon, Egypt, Gambia, Iran, Iraq, Kuwait, Mauritania, Nigeria, Pakistan, Palestine, Saudi Arabia and Turkey. The Centre was represented thereat by Mr. Atilla Karaman, Senior Researcher, and Mr. Abdulhaki Korbayram, Researcher. Representatives of the COMCEC Coordination Office, IDB, World Bank Ankara Office and Municipality of Altındağ also attended the Meeting.

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SESRIC Participated in the 2nd Meeting of the OIC/COMCEC Private Sector Tourism Forum
Date : 16-17 December 2013 Venue : Istanbul Turkey

The 2nd Meeting of the OIC/COMCEC Private Sector Tourism Forum was held on 16-17 December 2013 in Istanbul, Turkey under the theme "Effective Marketing Strategies for Promoting Tourism Destinations in the COMCEC Region" with the collaboration of Organization of Islamic Cooperation, the Ministry of Culture and Tourism of the Republic of Turkey and Standing Committee for Economic and Commercial of the Organization of Islamic Countries (COMCEC). The Forum was attended by public and private sector representatives from 18 OIC Member Countries, OIC General Secretariat and relevant OIC institutions, including Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC), COMCEC Coordination Office, and Islamic Centre for Development of Trade (ICDT).

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SESRIC Launched OIC Economic Outlook 2013
Date : 18-21 November 2013 Venue : Istanbul Turkey

The OIC Economic Outlook 2013, which has been prepared by SESRIC, was launched during the Senior Officials Meeting of the 29th Session of COMCEC, which was convened on 18-21 November 2013 in Istanbul, Republic of Turkey. Main highlights of the Report are presented by Prof. Savaş Alpay during the meeting and the presentation attracted significant attention from the representatives of the participating member countries and international institutions.

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29th Session of the COMCEC
Date : 18-21 November 2013 Venue : Istanbul Turkey

The 29th Session of the COMCEC was held in Istanbul on 18-21 November 2013 with the participation of the OIC Member States and relevant OIC, regional and international institutions. The Meeting of the Senior Officials of the 29th Session of the COMCEC was held on 18-19 November, where the delegations of the Member States and the OIC institutions considered and deliberated on a number of agenda items related to various issues of enhancing economic and commercial cooperation among the Member States.

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29th Meeting of the Follow-up Committee of COMCEC
Date : 14-15 May 2013 Venue : Ankara Turkey

The 29th Meeting of the Follow-up Committee of the COMCEC was held on 14-15 May 2013 in Ankara, Turkey, with the participation of the member countries of the Committee (Saudi Arabia, Turkey, Palestine, Egypt, Kuwait, Iran, Kazakhstan, Pakistan, Qatar, Mali and Cameroon). Representatives of Iraq also attended the meeting as observers. The OIC General Secretariat and the following subsidiary, affiliated and specialised organs (SESRIC, ICDT, IDB, ICCIA, IUT, OISA and SMIIC) attended the Meeting.

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