ADFIMI Chairman Mr. Metin Özdemir participated at the 37th Ministerial Session of COMCEC which was held in Istanbul on 24-25 November.

Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation: Cooperation for Development

ABOUT COMCEC

The Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC) was established by the Third Islamic Summit Conference held in Mecca/Taif in 1981 and has become operational at the Fourth Islamic Summit Conference held in 1984, with the election of the President of the Republic of Turkey to its chairmanship. COMCEC has been working for enhancing economic and commercial cooperation among the 57 Member Countries of the OIC for 37 years. 

In order to make the COMCEC a more fruitful platform to meet the growing needs of the OIC Member States, the COMCEC Strategy and Revised Statute were adopted at the 4th Extra-ordinary Islamic Summit Conference held on 14-15 August 2012 in Mecca, Kingdom of Saudi Arabia and have become operational since 2013. Accordingly, COMCEC activities are guided by its Strategy. 

The main objective of the COMCEC is to address the economic challenges of the Islamic Ummah and to contribute to the development efforts of the Member Countries. Furthermore, COMCEC is a policy dialogue platform for producing and disseminating knowledge, sharing experience and bestpractices, developing a common understanding, and approximating policies among the Member Countries. Accordingly, COMCEC draws up programs for joint action, and coordinates and follows up activities for enhancing economic and commercial cooperation among the OIC Member Countries.