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The Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC)
COMCEC is chaired by H.E. Mr. Recep Tayyip Erdoğan, President of the Republic of Turkey, and Follow-Up Committee meeting is held in Turkey every year once at the Ministerial level and once at the technical level.
COMCEC’s new Strategy and revised Statute were adopted at the 4 th Extraordinary Islamic Summit held in Mecca in 2012. The new COMCEC Strategy was confirmed by the Final Communique at the 13 th Islamic Summit in Istanbul.
The Working Groups and the COMCEC Project Funding instruments, formed through the Strategy, are becoming even more important. Establishing an OIC Arbitration Centre and bringing the OIC Preferential Trade System into force as soon as possible are among the priorities of Turkey with regards to COMCEC.