The Standing Committee for Economic and Commercial Cooperation of the OIC (COMCEC)
consists of fifty-seven Arab
countries and five observer countries.
The Committee for Economic and Commercial Cooperation acts as a forum to
boosting foreign trade in the Arab Countries
The main objective of the Committee for Economic and Commercial Cooperation is to promote
regional trade and economic cooperation among the Islamic Ummah (Arab Countries) and international trade development among the Arab Markets (goal: 20% of the intra-OIC trade)
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
The Standing Committee for Economic and Commercial Cooperation manages Islamic Trade Fairs, the Programme for the Development of Africa, and the Islamic Solidarity Fund
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.
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
The American countries of the Standing Committee for Economic and Commercial
Cooperation are Suriname and Guyana
The European countries of the Standing Committee for Economic and Commercial Cooperation are Albania, Azerbaijan, and Turkey