A business forum of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the OIC will take place in İstanbul on November 5-8 and bring together ministers from Saudi Arabia and Afghanistan.
Afghan Minister of Economy Mohammad Jalil Shams and Saudi Arabian Minister of Commerce and Industry Abdallah bin Zaynal Ali Reza will attend the opening session of the forum at the Marmara Taksim Hotel.
Participants will debate economic fluctuations, recession in global economy and stagnation of international capital movements.
Established in 1981, COMCEC became operational in 1984, with the election of the President of the Republic of Turkey to its chairmanship. The mandate of the COMCEC is to draw up programmes for joint action, coordinate and follow-up the activities pertaining to economic cooperation within the framework of the OIC.
