COMCEC

AcronymDefinition
COMCECStanding Committee for Economic and Commercial Cooperation
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In a speech before the 34th meeting of COMCEC, Al-Hajraf said customs' departments of OIC have a major role in economic and societal prosperity, as well as being considered one of the defence lines against threats, Kuwait News Agency (KUNA) reported.
The meeting was inaugurated by Turkish President Recep Tayyip Erdogan, who is chairman of COMCEC.
The COMCEC 34th Ministerial Session began on Monday and lasts through Thursday.
She stressed the importance of this meeting in consolidating and strengthening economic and trade relations between Palestine and the member states of the COMCEC, strengthening the steadfastness of the Palestinian people and supporting government efforts in developing the national economy until it becomes strong and capable of meeting the requirements of building a Palestinian state.
The General Secretariat will submit a report to the 34th Session of COMCEC which details the main achievements of last year in the areas of agriculture, food security, rural development, manpower and productivity, Islamic intra-trade and investment, tourism development, cooperation in transportation, role of the private sector, progress on poverty alleviation, OIC infrastructure policy, regional integration and economic assistance.
During the meeting, a report was discussed on COMCEC's strategy, its implementation and the 2025 OIC Program of Action, as well as reviewing the economic and global developments and their implications for the member states and the latest reports on intra-OIC trade.
In presenting the report, assistant secretary general for Economic Affairs, Ambassador Hameed Opeloyeru, reviewed the latest steps taken in the COMCEC 32nd session to follow up the implementation of OIC-2025 Programme of Action.
Ahmad also commended the strong partnership between IDB and the Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC), stating that the partnership will contribute to IDB Group member countries in their effort towards achieving the Sustainable Development Goals (SDGs).
While representing Jordan at the 31st session of the COMCEC meetings held recently in Istanbul, Fakhoury emphasized that these institutions needed to propose untraditional solutions in light of the unprecedented challenges to help their member states share the burdens.
In this regard NIB in collaboration with Standing Committee on Economic and Commercial Co-operation (COMCEC) has recently organised a two-day international workshop on Pakistan Bio-remediation Model for Capacity Building" to share the experiences of other member countries.
"It wouldn't be an exaggeration to say European investors have lined up to invest in Iran" the minister told daily Hurriyet in Istanbul where he came to attend the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC).Iran and the five permanent members of the UN Security Council plus Germany have been seeking to strike an outline deal over the country's nuclear activities.
22 (SUNA) - Sudan is due to participate in the two-day meetings of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organization of Islamic Conference (OIC), which are to start sessions Thursday in the Turkish Capital, Ankara.