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 32nd Ministerial Session of the COMCEC was convened
Date : 21-24 November 2016 Venue : Istanbul Turkey

The 32nd Ministerial Session of the COMCEC was held in Istanbul, Turkey on 21-24 November 2016. The Session, which was chaired by H.E. Recep Tayyip Erdoğan, the President of the Republic of Turkey, was attended by the delegates of OIC Member States and relevant OIC, regional and international institutions.

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5th Meeting of the COMCEC Capital Markets Regulators Forum
Date : 27 October 2016 Venue : Istanbul Turkey

The 5th Meeting of the COMCEC Capital Markets Regulators Forum was held in Istanbul, Turkey on 27 October 2016. The meeting shared and reviewed the initiatives of the Forum’s Task Forces in 2016 along with discussions on financial cooperation possibilities as well as the future work programme of the Forum.

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SESRIC Participated in the 4th Annual Focal Points Meeting of the COMCEC Working Groups
Date : 01-02 June 2016 Venue : Ankara Turkey

SESRIC participated in the 4th Annual Focal Points Meeting of the COMCEC Working Groups organised by the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC) in Ankara, Republic of Turkey on 1-2 June 2016.

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SESRIC Participated in the COMCEC Project Funding Training Programme 2016
Date : 29-30 March 2016 Venue : Ankara Turkey

The Statistical, Economic, Social Research and Training Centre for Islamic Cooperation (SESRIC) participated in the OIC Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC) Project Funding Training Programme 2016 in Ankara, Turkey on 29-30 March 2016. The Centre was represented by Ms. Nenden Octavarulia Shanty, Researcher at Statistics and Information Department. The training was attended by the delegates from Gambia, Malaysia, Palestine, Turkey, and Uganda. Representatives of Development Bank of Turkey and Department of International Programs and Projects of Ministry of Development of Turkey also participated in the meeting.

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SESRIC Participated in the 6th Meeting of the COMCEC Financial Cooperation Working Group
Date : 17-18 March 2016 Venue : Ankara Turkey

The Statistical, Economic, Social Research and Training Centre for Islamic Cooperation (SESRIC) participated in the 6th Meeting of the COMCEC Financial Cooperation Working Group organised by the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC) in Ankara, Turkey on 17-18 March 2016.

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Study Visit on ‘Poverty Statistics’ in Jordan
Date : 16-18 February 2016 Venue : Amman Jordan

Carried out under the support of COMCEC PCM Programme and coordinated by SESRIC, the project titled “Improving Statistical Capacities of OIC Member Countries in Poverty Statistics” aims at building statistical capacity in poverty statistics and overall contributing to the National Statistical Systems of the member countries of the Organisation of Islamic Cooperation (OIC) through capacity building programs including short-term trainings.

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7th Meeting of the COMCEC Poverty Alleviation Working Group
Date : 11 February 2016 Venue : Ankara Turkey

The 7th Meeting of the COMCEC Poverty Alleviation Working Group was held on 11 February 2016 in Ankara, Turkey under the "Accessibility of Vulnerable Groups to Social Protection Programmes in the OIC Member Countries" theme. Dr. Atilla Karaman from the Statistics and Information Department and Mr. Mazhar Hussain from the Economic and Social Research Department attended to the Meeting on behalf of the SESRIC.

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