The Minister of Economy and Trade in the Government of National Unity, Mohammed Al-Huweij, reviewed a draft agreement that the ministry referred to its Turkish counterpart to cancel customs' tariffs on food and pharmaceutical products to facilitate trade between the two countries.
This came in his speech during the 40th meeting of the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC) on Monday in Istanbul, where Al-Huweij stressed that the field is open to the rest of the member states of the committee to prepare similar agreements, according to a statement by the Ministry of Economy on its Facebook page.
Al-Huweij referred to the aggression and genocide that the Palestinian people are exposed to, noting the expansion of the scope of this crisis and its effects on a number of member states of the organization, in addition to the global geopolitical variables that are emerging again and the new economic challenges they impose, calling for updating the method of preparing the agenda to be more flexible and responsive to urgent changes.
The meeting sessions also discussed the reports of the technical committees on enhancing intra-trade among member states, deepening trade cooperation, improving the transportation and communications sectors, developing the tourism sector in a sustainable and competitive manner, increasing the productivity of the agricultural sector, alleviating poverty, in addition to cooperation in the field of digital transformation, and exchanging views on digital payment systems in member states.
The meeting also stressed the importance of supporting the private sector and discussing developments in the trade preference system. The work of the 40th session of COMCEC is scheduled to continue until Wednesday.
