The Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Conference (COMCEC) was established at the Third Islamic Summit Conference held in Mecca/Taif in 1981. COMCEC became operational at the Fourth Islamic Summit 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 Organization of the Islamic Conference (OIC).