January 31, 2016

OIC, UNOSSC sign agreement to boost South-South cooperation

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Monday 01 Feb 2016 - 10:43 Makkah mean time-22-4-1437

OIC Chief Iyad Madani (R) during his meeting with UNOSSC Director Jorge Chediek

Jeddah (IINA) – Secretary General of the Organization of Islamic Cooperation (OIC) Iyad Ameen Madani received here last week Director of the United Nations Office for South-South Cooperation (UNOSSC) Jorge Chediek.
During the meeting, the two sides reviewed the cooperation between OIC and UNOSSC in various areas.
While recognizing that South-South cooperation serves as an important avenue for human and productive capacity-building, technical assistance and exchange of best practices among developing countries, Madani underscored the importance of OIC-wide and South-South cooperation for the implementation of its socio-economic programs.
On his part, Chediek confirmed the desire of UNOSSC to strengthen further cooperation with OIC as it is the largest South-South cooperation mechanism, in the light of the emerging dynamics of South-South cooperation.
Following the meeting, a memorandum of cooperation was signed between UNOSSC and OIC Department of Economic Affairs to boost South-South cooperation. Under this agreement, a regular mechanism of cooperation between UNOSSC and OIC Department of Economic Affairs will be created to carry out joint projects and capacity building programs in OIC member states.
AB/IINA

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