Organisation of Islamic Cooperation
The Collective Voice of The Muslim World

OIC to Discuss Economic and Trade Development at the 34th Session of COMCEC

Date: 25/11/2018

The Permanent Commission for Economic and Trade Commission of the Organization of Islamic Cooperation (COMCEC) is holding its 34th Session at Istanbul, Republic of Turkey, from 26-29 November 2018.

The OIC Secretary General, Dr. Yousef A. Othaimeen is expected to deliver a speech at the Ministerial Meeting in order to highlight the recent economic and trade developments of the Islamic world. He will also highlight the main achievements made by the General Secretariat in cooperation with the Member States during the current year vis-à-vis the implementation of Programs and Sukuk set up to enhance economic and trade partnership between the Member States.

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.

The 34th Session will discuss the OIC achievements regarding the program of action 2025, the international economic developments and their aftermaths on the economies of OIC Member States, improving the role of the private sector in economic cooperation in consolidating the financial cooperation, in addition to the exchange of viewpoints on trade easing: improving the systems of customs risk management within OIC Member States.

During the meetings of COMCEC, four special sessions will be held on: enhancing the possibilities of easing trade in order to achieve regional integration, challenges regarding the modernization of customs and plausible solutions, contribution of the private sector in easing trade, easing trade in the numeric era: challenges and opportunities for increasing the trans electronic trade.

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