The Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC) is one of four standing committees of the Organisation of Islamic Cooperation (OIC). It was established in 1981 at the Third Islamic Summit Conference held in Mecca/Ta'if and serves as a multilateral economic and commercial cooperation forum in the Islamic world. The committee convenes annually at ministerial level in İstanbul under the Chairmanship of the President of the Republic of Turkey.