Economic Cooperation of the OIC

The Subject “Standing Committee for Economic and Commercial Cooperation” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: Islamic Business, African Business, Ethics, Religion & Business.

Courses: Islam & Business.

Masters: Business in Africa, International Business, Religions & Business.

Why study “Islam and Business”?.

Languages: (or Comité Coopération économique et commerciale OIC Comité Cooperación Económica Comercial COMCEC Comité Cooperação Económica e comercial).

Standing Committee for Economic and Commercial Cooperation of the OIC (COMCEC).

The Standing Committee for Economic and Commercial Cooperation of the OIC (COMCEC) consists of fifty-seven Arab countries and five observer countries.

1. The Committee for Economic and Commercial Cooperation acts as a forum to boosting foreign trade in the Arab Countries
2. The main objective of the Committee for Economic and Commercial Cooperation is to promote the regional trade and the economic cooperation among the Islamic Ummah (Arab Countries) and the international trade development among the Arab Markets (goal: 20% of the intra-OIC trade)
3. The Standing Committee for Economic and Commercial Cooperation has implemented the Preferential System among the Member States of the OIC (TPS-OIC) and the roadmap to achieve 20% of the intra-OIC trade
4. The Standing Committee for Economic and Commercial Cooperation manages the Islamic Trade Fairs, the Programme for the Development of Africa, and the Islamic Solidarity Fund
5. The main objective of the “Framework Agreement on Transport Cooperation” is to establish a secure transport system among the member countries of the OIC

The Standing Committee for Economic and Commercial Cooperation member countries are.

1. The African countries of the Standing Committee for Economic and Commercial Cooperation are Algeria, Benin, Chad, Egypt, Guinea, Libya, Mali, Mauritania, Morocco, Mozambique, Niger, Nigeria, Sierra Leone, Gabon, Gambia, Guinea-Bissau, Uganda, Burkina Faso, Cameroon, Comoros, Djibouti, Togo, Ivory Coast, Senegal, Sudan, Somalia, and Tunisia
2. The Asian countries of the COMCEC are Afghanistan, Bahrain, Bangladesh, Brunei, Indonesia, Iran, Jordan, Kuwait, Lebanon, Malaysia, Pakistan, Palestine, Saudi Arabia, Yemen, Oman, Qatar, Syria, United Arab Emirates (UAE), Iraq, Maldives, the Kyrgyz Republic, Tajikistan, Turkmenistan, Kazakhstan, and Uzbekistan
3. The American countries of the Standing Committee for Economic and Commercial Cooperation are Suriname and Guyana
4. The European countries of the Standing Committee for Economic and Commercial Cooperation are Albania, Azerbaijan, and Turkey
5. Observer countries are Bosnia and Herzegovina, Thailand, and the Central African Republic

The main religion of the member countries of the Standing Committee for Economic and Commercial Cooperation of the OIC (COMCEC) is Islam

The Standing Committee for Economic and Commercial Cooperation belongs to the Islamic Civilization and African Civilization.

(c) EENI Global Business School (1995-2023)
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