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COMCEC Trade Outlook 2017

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Improving the effectiveness of Single Window projects by identifying and implementing

necessary changes in the laws and regulatory framework and operational practices,

Prioritizing flexibility, scalability, safety and interoperability of IT architecture of Single

Windows Systems,

Promoting cross-border interconnectivity and interoperability of the national Single

Window Systems in the OIC Region towards establishing Regional Single Window

Systems

Trade Promotion:

One of the challenges facing the Member States in enhancing intra-OIC trade is the inadequate

flow of information among exporters and importers. Firms in some of the Member States have

very limited opportunities to raise awareness on their products. They need extra support from

national and international promotion agencies.

The COMCEC initiated several projects up to date to promote trade among the Member States.

One of these initiatives is the Trade Information Network for Islamic Countries (TINIC). The First

COMCEC Session, held in 1984, adopted a resolution recommending the establishment of a

Trade Information Network for Islamic Countries to facilitate the collection, processing, analysis

and propagation of trade information for the benefit of users. The Islamic Center for the

Development of Trade (ICDT) prepared a feasibility study on the modality of the network. The

TINIC became operational in 1996. It was restructured in 2001 in order to meet the growing

needs of the private sector of the Member States.

COMCEC also initiated Islamic Trade Fairs which are organized biannually in one of the Member

States. Islamic Trade Fairs bring together the producers from the Member States together to

increase awareness and support intra-OIC trade. In recent years, ICDT is also organizing

sectorial trade fairs and exhibitions in accordance with the relevant resolutions of the COMCEC.

Moreover, COMCEC initiated the Private Sector Meetings, organized annually in one of the

Member States. The Private Sector Meetings bring the business owners, firm representatives

and chambers to discuss their common challenges, needs and cooperation opportunities. These

meetings also present opportunities for partnership and trade.

Furthermore, COMCEC Trade Working Group deliberated on the Trade Promotion

Organizations (TPOs), which are one of the most important institutions utilized by governments

to support SMEs exports. Most of the OIC Member States now have newly established

institutions or existing governmental bodies that serve as TPOs. The research report titled

“Promoting the SMEs Exports in the OIC Member Countries: The Role of the TPOs”

commissioned by the COMCEC Coordination Office for the 1st Meeting of the COMCEC Trade

Working Group, designates following actions as the main services provided by TPOs;

Provision of information about overseas markets,

Business consultancy for new exporters or companies that intend to expand their

international business,

Networking with potential business partners in foreign markets,