ID :
186022
Thu, 06/02/2011 - 10:10
Auther :
Shortlink :
https://oananews.org//node/186022
The shortlink copeid
OIC economic cmte convenes in Ankara with Kuwait''s participation
ANKARA, June 1 (KUNA) -- The twenty-seventh session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organization of the Islamic Conference (OIC) kicked off here Wednesday.
The meeting is attended by a Kuwaiti delegation from the Ministry of Finance, besides delegations representing other member states.
The gathering is to mull over two days a new paper for activating the committee's mechanism in the coming stage along with making preparations for the annual meeting of the OIC ministers of finance and economy due in Istanbul next October.
Yilmaz Cevdet, Turkish Minister of State opened the session with inviting OIC other member states to ratify the framework agreement on the preferential trade system which was previously approved by COMCEC in 1990, though ten member states only have ratified it.
Yilmaz said, in his address before the participants that, "in spite of the passage of two decades, this agreement was not put into force as other member states of OIC which includes 57 countries did not ratify it," deeming that it is high time to take such a step in order to push the economic and trade cooperation among the Muslim countries to a new high.
He also asserted the importance of this framework agreement in consolidating the trade exchange among the member states, and paving the way for the abolition of customs barriers obstructing such exchange, calling on the member states to attach top priority to this step.
Meanwhile, OIC Secretary General Dr. Ekmeleddin Ihsanoglu called for paying attention to the projects of poverty alleviation in the Muslim countries, noting that OIC ten-year program aims at raising standards of living in the OIC member states.
He also drew attention to the important role played by the COMCEC in finding solutions to the problems obstructing the cooperation of Muslim countries at the trade and economic levels, expressing hope that current session will contribute to easing difficulties facing the effective economic and trade cooperation among the OIC member states.
It is expected for the participating delegations to revise the current implementation of the OIC ten-year program of action, a plan which was passed by the Islamic summit held in the Saudi city of Mecca in 2005 with the aim of weathering the challenges of the 21st century, in addition to mulling the action plan on cementing economic and trade cooperation among OIC member states.
The COMCEC, which was founded in 1981, is made up of Kuwait, Saudi Arabia, Qatar, Palestine, Pakistan, Iran, Kazakhstan, Cameroon, and Mali, besides Turkey, which chairs COMCEC and plays host to its headquarters.
The committee, which is one of the OIC four standing committees, is concerned with monitoring the application of economic and trade resolutions approved by the Islamic summits, and suggesting proper m eans for strengthening cooperation in the economic and trade domains among the OIC member states.
The meeting is attended by a Kuwaiti delegation from the Ministry of Finance, besides delegations representing other member states.
The gathering is to mull over two days a new paper for activating the committee's mechanism in the coming stage along with making preparations for the annual meeting of the OIC ministers of finance and economy due in Istanbul next October.
Yilmaz Cevdet, Turkish Minister of State opened the session with inviting OIC other member states to ratify the framework agreement on the preferential trade system which was previously approved by COMCEC in 1990, though ten member states only have ratified it.
Yilmaz said, in his address before the participants that, "in spite of the passage of two decades, this agreement was not put into force as other member states of OIC which includes 57 countries did not ratify it," deeming that it is high time to take such a step in order to push the economic and trade cooperation among the Muslim countries to a new high.
He also asserted the importance of this framework agreement in consolidating the trade exchange among the member states, and paving the way for the abolition of customs barriers obstructing such exchange, calling on the member states to attach top priority to this step.
Meanwhile, OIC Secretary General Dr. Ekmeleddin Ihsanoglu called for paying attention to the projects of poverty alleviation in the Muslim countries, noting that OIC ten-year program aims at raising standards of living in the OIC member states.
He also drew attention to the important role played by the COMCEC in finding solutions to the problems obstructing the cooperation of Muslim countries at the trade and economic levels, expressing hope that current session will contribute to easing difficulties facing the effective economic and trade cooperation among the OIC member states.
It is expected for the participating delegations to revise the current implementation of the OIC ten-year program of action, a plan which was passed by the Islamic summit held in the Saudi city of Mecca in 2005 with the aim of weathering the challenges of the 21st century, in addition to mulling the action plan on cementing economic and trade cooperation among OIC member states.
The COMCEC, which was founded in 1981, is made up of Kuwait, Saudi Arabia, Qatar, Palestine, Pakistan, Iran, Kazakhstan, Cameroon, and Mali, besides Turkey, which chairs COMCEC and plays host to its headquarters.
The committee, which is one of the OIC four standing committees, is concerned with monitoring the application of economic and trade resolutions approved by the Islamic summits, and suggesting proper m eans for strengthening cooperation in the economic and trade domains among the OIC member states.
