The 36th Ministerial meeting of the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation was held through video conferencing
HE the Minister of Commerce and Industry Ali bin Ahmed al-Kuwari led Qatar’s delegation to the 36th Ministerial meeting of the Standing Committee for Economic and Commercial Co-operation of the Organisation of Islamic Co-operation (COMCEC), which was held through video conferencing.
The two-day meeting, beginning on November 25 was chaired by President of the Republic of Turkey, Recep Tayyip Erdogan.
The meeting featured discussions on the report relating to the implementation of the ‘COMCEC Strategy’ and the ‘OIC 2016-2025 Programme of Action’.
The OIC General Secretariat reported on the progress and recent developments in the implementation of the OIC 2025: Programme of Action.
The 36th COMCEC meeting also touched on global economic developments, with a special focus on the social and economic repercussions of the Covid-19 pandemic on OIC member states. In this context, the Statistical, Economic and Social Research and Training Centre for Islamic Countries, presented its annual report on global economic developments while member states highlighted their views and shared their experience with regards to recent economic developments.
The meeting also featured discussions on a number of topics relating to intra-OIC trade. The heads of participating delegations discussed issues of mutual concern, including efforts to improve the contribution of the private sector to economic cooperation among member of the OIC.
In this regard, the Islamic Chamber of Commerce, Industry and Agriculture presented its report on the latest developments of the private sector meetings while the COMCEC Coordination Office shared a summary of the outcomes of the working groups meetings on transport and communication, the development of a sustainable and competitive tourism sector, increasing agricultural productivity and sustaining food security.
Established in 1981, COMCEC is the main forum for multilateral economic and trade co-operation in the Islamic world and acts as a central platform through which development challenges facing the Islamic world are addressed.
LEAVE A COMMENT Your email address will not be published. Required fields are marked*
US imposes fresh curbs on Iran firms in final days of Trump presidency
Iraq minister sees oil at $60 a barrel in Q2
Expo organisers prepare to hold Dubai event delayed by coronavirus
US automakers plead for govt help in chip crisis
Improved GCC equity outlook amid Covid-19 vaccines rollout: NBK
S&P reassigns rating of ‘A-' with stable outook on QLM
USQBC welcomes Al-Ula agreement ending blockade on Qatar
HSBC experiencing 'a sense of optimism' for growth in Qatar: Mostafawi
AirAsia X shows creditors’ support for restructuring plan in court