# COMCEC > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/COMCEC > Markdown URL: https://mediated.wiki/source/COMCEC.md > Source: https://en.wikipedia.org/wiki/COMCEC > Source revision: 1351643859 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) Standing committee of the Organisation of Islamic Cooperation The **Standing Committee for Economic and Commercial Cooperation** (**COMCEC**) is one of four standing committees of the [Organisation of Islamic Cooperation (OIC)](/source/OIC). It was established in 1981 at the Third [Islamic Summit](/source/Islamic_Summit) Conference held in [Mecca](/source/Mecca)/[Ta'if](/source/Ta'if) and serves as a multilateral economic and commercial cooperation forum in the Islamic world. The committee convenes annually at ministerial level in [Istanbul](/source/Istanbul) under the Chairmanship of the President of the [Republic of Turkey](/source/Republic_of_Turkey). The organization defines its scope of cooperation by [trade](/source/International_trade), [transport](/source/Transport), [agriculture](/source/Agriculture), [tourism](/source/Tourism), [poverty alleviation](/source/Poverty_reduction), and financial as well as private sector cooperation. ## Objectives The COMCEC lists following objectives on its website:[1] - To address the economic challenges of the [Islamic Ummah](/source/Ummah) and to contribute to the development efforts of the Member States. - To produce and disseminate knowledge, share experience and best-practices, develop a common understanding, and approximate policies among the Member States in line with the vision and principles of its Strategy.[2] - To serve as the central forum for the Member States to discuss international economic and commercial issues. - To study all possible means of strengthening economic and commercial cooperation among the Member States. - To draw up programs and submit proposals designed to increase the welfare of the Member States. - To ensure the overall coordination of the activities of the [OIC](/source/OIC) relating to economic and commercial cooperation among the Member States. ## History - November 14–16, 1984: First session of the COMCEC in Istanbul - September 4–7, 1988: At the fourth session of the COMCEC in Istanbul, the states adopted basic guiding principles to set up a trade preferential system among OIC Member States (Declaration of Intent).[3] - October 7–10, 1990: At its sixth summit, COMCEC is presented a draft framework agreement on the Trade Preferential System which will be adopted afterwards.[4] ## Membership ### Member states - [Egypt](/source/Egypt) (Joining date: 1969) - [Libya](/source/Libya) (Joining date: 1969) - [Indonesia](/source/Indonesia) (Joining date: 1969) - [Togo](/source/Togo) (Joining date: 1997) - [Burkina Faso](/source/Burkina_Faso) (Joining date: 1974) - [Malaysia](/source/Malaysia) (Joining date: 1969) - [Iraq](/source/Iraq) (Joining date: 1975) - [Tunisia](/source/Tunisia) (Joining date: 1969) - [Guyana](/source/Guyana) (Joining date: 1998) - [Algeria](/source/Algeria) (Joining date: 1969) - [Kazakhstan](/source/Kazakhstan) (Joining date: 1995) - [Turkey](/source/Turkey) (Joining date: 1969) - [Somalia](/source/Somalia) (Joining date: 1969) - [Bangladesh](/source/Bangladesh) (Joining date: 1974) - [Lebanon](/source/Lebanon) (Joining date: 1969) - [Turkmenistan](/source/Turkmenistan) (Joining date: 1992) - [Nigeria](/source/Nigeria) (Joining date: 1986) - [Albania](/source/Albania) (Joining date: 1992) - [Maldives](/source/Maldives) (Joining date: 1976) - [Uganda](/source/Uganda) (Joining date: 1974) - [Jordan](/source/Jordan) (Joining date: 1969 ) - [Azerbaijan](/source/Azerbaijan) (Joining date: 1992) - [Mali](/source/Mali) (Joining date: 1969) - [Uzbekistan](/source/Uzbekistan) (Joining date: 1996) - [Iran](/source/Iran) (Joining date: 1969) - [Benin](/source/Benin) (Joining date: 1983) - [Mozambique](/source/Mozambique) (Joining date: 1994) - [Yemen](/source/Yemen) (Joining date: 1969) - [Mauritania](/source/Mauritania) (Joining date: 1969) - [Cameroon](/source/Cameroon) (Joining date: 1974) - [Niger](/source/Niger) (Joining date: 1969) - [Qatar](/source/Qatar) (Joining date: 1972) - [Pakistan](/source/Pakistan) (Joining date: 1969) - [Chad](/source/Chad) (Joining date: 1969) - [Senegal](/source/Senegal) (Joining date: 1969) - [Brunei](/source/Brunei) - [Afghanistan](/source/Afghanistan) (Joining date: 1969) - [Ivory Coast](/source/Ivory_Coast) (Joining date: 2001) - [Sierra Leone](/source/Sierra_Leone) (Joining date: 1972) - [Oman](/source/Oman) (Joining date: 1972) - [Bahrain](/source/Bahrain) (Joining date: 1972) - [Djibouti](/source/Djibouti) (Joining date: 1978) - [Tajikistan](/source/Tajikistan) (Joining date: 1992) - [Kuwait](/source/Kuwait) (Joining date: 1969) - [Morocco](/source/Morocco) (Joining date: 1969) - [Gabon](/source/Gabon) (Joining date: 1974) - [Gambia](/source/The_Gambia) (Joining date: 1974) - [Palestine](/source/Palestine) (Joining date: 1969) - [Saudi Arabia](/source/Saudi_Arabia) (Joining date: 1969) - [Guinea](/source/Guinea) (Joining date: 1969) - [Sudan](/source/Sudan) (Joining date: 1969) - [United Arab Emirates](/source/United_Arab_Emirates) (Joining date: 1972) - [Kyrgyzstan](/source/Kyrgyzstan) (Joining date: 1992) - [Guinea-Bissau](/source/Guinea-Bissau) (Joining date: 1974) - [Suriname](/source/Suriname) (Joining date: 1996) - [Comoros](/source/Comoros) (Joining date: 1976) ### Observers - [Bosnia and Herzegovina](/source/Bosnia_and_Herzegovina) - [Thailand](/source/Thailand) - [Russia](/source/Russia) - [Central African Republic](/source/Central_African_Republic) - [Northern Cyprus](/source/Northern_Cyprus) ## The Trade Preferential System (TPS-OIC) The Trade Preferential System aims to promote trade among the Member States of the [OIC](/source/OIC) by means of exchanging preferences. It includes a [Most-Favored Nation clause](/source/Most_favoured_nation), providing that all states participating in the TPS-OIC receive equal trade advantages as the "most favoured nation" by the country granting such treatment. ### Trade among OIC countries The official website indicates a goal of 20% intra-OIC trade by the year 2015. However, some economists consider this goal to be unrealistic.[5] Year intra-OIC trade (as % of total trade) 2009 16,7%[5] 2010 17,0%[6] 2011 17,8%[6] 2012 N.A. 2013 18,2%[6] ### Legal documents - [TPS-OIC Framework Agreement](https://web.archive.org/web/20141129143057/http://www.comcec.org/EN_YE/Yeni_Site_Dokumanlar/Key_Areas/TPS-OIC/AGREEMENTS/TPSOIC_Framework_Agreement.pdf) (entry into force: 2002) - [Protocol on Preferential Tariff Scheme (PRETAS)](https://web.archive.org/web/20141129143054/http://www.comcec.org/EN_YE/Yeni_Site_Dokumanlar/Key_Areas/TPS-OIC/AGREEMENTS/PRETAS.pdf) (entry into force: February 2010) - [TPS-OIC Rules of Origin](https://web.archive.org/web/20141129143103/http://www.comcec.org/EN_YE/Yeni_Site_Dokumanlar/Key_Areas/TPS-OIC/AGREEMENTS/TPSOIC_Rules_of_Origin.pdf) (entry into force: August 2011) - [Rules of procedures of the Committee](https://web.archive.org/web/20141129142931/http://www.comcec.org/EN_YE/Yeni_Site_Dokumanlar/Key_Areas/TPS-OIC/AGREEMENTS/Rules_of_Procedures_of_the_TNC.pdf) ## References 1. **[^](#cite_ref-1)** ["COMCEC"](https://web.archive.org/web/20141125040837/http://www.comcec.org/en_ye/default.aspx). Archived from [the original](http://www.comcec.org/EN_YE/default.aspx) on 2014-11-25. Retrieved 2014-11-25. 1. **[^](#cite_ref-COMCEC_Strategy_2-0)** 4th Extraordinary Session of the Islamic Summit Conference (14–15 August 2012) ["COMCEC Strategy for Building an Interdependent Islamic World"](https://web.archive.org/web/20141218062922/http://www.comcec.org/UserFiles/File/28.isedak/Tum%20dokumanlar/Strategy/STRATEJI%20RAPORU-finallll%207%20kas%EF%BF%BDm.pdf) (PDF). COMCEC Coordination Office. Archived from [the original](http://www.comcec.org/UserFiles/File/28.isedak/Tum%20dokumanlar/Strategy/STRATEJI%20RAPORU-finallll%207%20kas%EF%BF%BDm.pdf) (PDF) on 2014-12-18. Retrieved November 25, 2014. 1. **[^](#cite_ref-4th-summit_3-0)** ["Report and Resolutions of the Fourth Session of the COMCEC"](http://www.comcec.org/EN_YE/Yeni_Site_Dokumanlar/Previous_Comcec/COMCEC%2804_88%29E.pdf) (PDF). COMCEC. September 7, 1988. Retrieved December 31, 2014.[*[permanent dead link](https://en.wikipedia.org/wiki/Wikipedia:Link_rot)*] 1. **[^](#cite_ref-6th-summit_4-0)** ["Report and Resolutions of the Sixth Session of the COMCEC"](http://www.comcec.org/EN_YE/Yeni_Site_Dokumanlar/Previous_Comcec/COMCEC%2806_90%29E.pdf) (PDF). COMCEC. October 10, 1990. Retrieved December 31, 2014.[*[permanent dead link](https://en.wikipedia.org/wiki/Wikipedia:Link_rot)*] 1. ^ [***a***](#cite_ref-Newspaper_article_5-0) [***b***](#cite_ref-Newspaper_article_5-1) ["Facilitating trade among muslim nations"](https://www.dawn.com/news/712734/facilitating-trade-among-muslim-nations). DAWN MEDIA GROUP. 23 April 2012. Retrieved November 25, 2014. 1. ^ [***a***](#cite_ref-COMCEC_website,_Cooperation_Areas_6-0) [***b***](#cite_ref-COMCEC_website,_Cooperation_Areas_6-1) [***c***](#cite_ref-COMCEC_website,_Cooperation_Areas_6-2) ["Trade"](https://web.archive.org/web/20141129143228/http://www.comcec.org/EN_YE/icerik.aspx?iid=229). Archived from [the original](http://www.comcec.org/EN_YE/icerik.aspx?iid=229) on 2014-11-29. Retrieved November 25, 2014. ## External links - [Official website](https://web.archive.org/web/20141125040837/http://www.comcec.org/en_ye/default.aspx), --- Adapted from the Wikipedia article [COMCEC](https://en.wikipedia.org/wiki/COMCEC) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/COMCEC?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.