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Thursday, November 5, 2009

Islamic Economic Summit To Begin In Istanbul On Thursday

(RTTNews) - The 25th economic summit of the Organization of the Islamic Conference (OIC) would be held in the Turkish city of Istanbul from 5th to 9th November, reported Turkish news agencies on Tuesday.

Media reports indicated that the 25th session of the Standing Committee for Economic and Commercial Cooperation of the OIC (COMCEC) will be held at Istanbul's Four Seasons Hotel, with Turkish President Abdullah Gul chairing the meeting.

The heads of state of the OIC Executive Committee member countries, which includes Egypt, Malaysia, Saudi Arabia, Senegal, Syria, Tajikistan, Turkey and Uganda are expected to attend the summit, along with heads of state of some other OIC member countries.

Iran's official IRNA news agency had reported earlier that President Mahmoud Ahmadinejad would arrive in Turkey on 8th November for attending the last two days of the summit. Syrian President Bashar al-Assad is also expected to participate in the summit.

The main issues expected to take center-stage at the summit include inter-OIC trade and investment relations, poverty alleviation, economic and technical support, financial cooperation and e-government applications.

The Organization of the Islamic Conference was established in 1969, and is considered to be one of the most influential international organization of Islamic states. The Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Conference (COMCEC) was founded later, during the 3rd Islamic summit in 1981.

Source: INO.
Link: http://news.ino.com/headlines/?newsid=110320092422.

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