OIC, COMSATS sign cooperation agreement on socio-economic development

Jeddah The Organization of Islamic Cooperation (OIC) and the Commission on Science and Technology for Sustainable Development in the South (COMSATS) signed a memorandum of understanding (MoU) to establish mutual cooperation for achieving sustainable socio-economic development through the promotion of science, technology and innovation.

The MoU, co-signed by OIC Assistant Secretary General for Science and Technology Ambassador Muhammad Naeem Khan and COMSATS Executive Director Dr. S.M. Junaid Zaidi, at the COMSATS Secretariat in Islamabad on Wednesday, provides a framework to encourage the development of programs and projects in all sectors by utilizing human and material resources of both organizations. It also seeks to enhance the exchange of experiences and expertise to ensure speedy implementation of joint programs in the fields of science, technology and innovation.

COMSATS, an inter-governmental organization, with a membership of 26 countries, was established in 1994 for the promotion of South-South cooperation in science and technology with the objective of achieving sustainable socio-economic progress in the developing countries. Both OIC and COMSATS have 17 common member states, namely Bangladesh, Egypt, The Gambia, Iran, Jordan, Kazakhstan, Morocco, Nigeria Pakistan, Palestine, Senegal, Somalia, Sudan, Syria, Tunisia, Turkey and Uganda.

The two organizations share common objectives and are desirous of working together to strengthen the capabilities of the common Member States in the fields of science and technology, higher education and the environment through the development of joint projects and programs. The collaboration between both sides would promote synergies as well as the optimization of resources while avoiding overlap and duplication.

Following the signing ceremony, Khan held a meeting with Zaidi, during they agreed to take concrete steps to effectively implement the MoU and develop a joint plan of action identifying short, medium and long term priorities.

Source: International Islamic News Agency