SESRIC



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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The 28th Session of the OIC Standing Committee for Economic and Commercial Cooperation (COMCEC)
Date : 08-11 October 2012 Venue : Istanbul Turkey

The 28th Session of the OIC Standing Committee for Economic and Commercial Cooperation (COMCEC) convened in Istanbul on 8-11 October 2012 with the participation of delegates from 47 OIC member countries. Bosnia-Herzegovina, Central Republic of Africa, Russian Federation, Kingdom of Thailand and Turkish Republic of Northern Cyprus participated in the Session as observers. The OIC General Secretariat, subsidiary, specialized and affiliated organs of the OIC also participated in the Session. A number of international and regional organizations, including Gulf Cooperation Council (GCC), United Nations Industrial Development Organization (UNIDO) Developing Eight (D-8), International Trade Centre (ITC), United Nations Development Programme (UNDP), Organization of Economic Cooperation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and Economic Cooperation Organization Trade and Development Bank (ECOBANK), attended the Session. The SESRIC was represented thereat by Dr. Savaş Alpay, Director General; Mr. Nabil Dabour, Director of Economic and Social Research Department; Dr. Kenan Bagci, Researcher and Dr. Umut Ünal, Researcher.

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28th Meeting of the Follow-up Committee of the COMCEC
Date : 09-10 May 2012 Venue : Ankara Turkey

The 28th Meeting of the Follow-up Committee of the COMCEC was held on 9-10 May 2012 in Ankara, Turkey, with the participation of the member countries of the Committee (Saudi Arabia, Turkey, Palestine, Senegal, Kuwait, Iran, Kazakhstan, Pakistan, Qatar, Mali and Cameroon). Representatives of Malaysia and Iraq also attended the meeting as observers. The OIC General Secretariat and the following subsidiary, affiliated and specialised organs (SESRIC, ICDT, IDB, ICCIA, IUT, and SMIIC) attended the Meeting. A representative of UNIDO has also attended the meeting.

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