17
57. The Committee reiterated its request to the Member States to encourage
their private sector to actively participate in the Islamic Trade Fairs.
58. The Committee also reiterated its request to ICDT to continue holding
sector specific fairs in cooperation with the Member States and submit regular
progress reports on the fairs to the COMCEC Sessions.
iii) WTO Related Technical Assistance
59. The Committee called on IDB and ICDT to continue providing technical
assistance to the Member States on WTO-related issues and to enhance their
efforts in sensitizing the Member States to the impact of WTO trade
negotiations on their economies and requested IDB and ICDT to synergize and
coordinate their efforts to strengthen the human and institutional capacities of
the OIC Member States, so as to facilitate their full integration into the
multilateral trading system on an equitable and fair basis.
60. The Committee called upon the WTO members of the OIC to assist non-
WTO Members of the OIC in their accession process to WTO.
61. The Committee expressed its appreciation to the Kingdom of Morocco
for hosting and ICDT for organizing the Workshop on “Mechanisms for
Settlement of Trade and Investment Disputes for OIC Member States” in
Casablanca, Morocco on 20 and 21 February 2017.
62. The Committee expressed its appreciation to the Kingdom of Morocco
for hosting and ICDT, IDB and SESRIC for jointly organizing the Workshop
on “Trade in Services in OIC Member States” in Casablanca, Morocco, on 22-
23 March 2017.
iv) Trade Financing Activities
63. The Committee appreciated trade finance and trade promotion and
development activities of the IDB Group (ITFC and ICIEC) and the
mobilization of funds from the international market and development partners
for funding the trade and insurance operations in the Member States,
contributing towards the achievement of intra-OIC trade target of 25 percent.
64. The Committee took note with appreciation that ITFC’s cumulative
approvals and disbursement in trade financing reached US$35.4 billion and
US$26.8 billion respectively, and its total approvals and disbursement in 2016
reached US$4.5 billion and US$4.8 billion respectively.