The Twenty-fifth Session of the Islamic Conference of Foreign Ministers (Session for a Better Future for the Peoples of the Islamic Ummah) held in Doha, State of Qatar, from 17 to 19 Dhul Quida 1418H (15-17 March 1998),

Recalling Resolution No. 29/8-E (IS) adopted by the Eighth Session of the Islamic Summit Conference;

Recalling Resolution No. 18/7-E(IS) of the Seventh Session of the Islamic Summit Conference and Resolution No. 26/24-E adopted by the Twenty-fourt Session of the Islamic Conference of Foreign Ministers,

Having reviewed the developments in respect of signature and/or ratification of the (i) Agreement on Promotion, Protection and Guarantee of Investments among Member States, (ii) General Agreement on Economic, Technical and Commercial Cooperation among Member States, (iii) Framework Agreement on the Establishment of the Trade Preferential System among OIC Member States, (iv) Statute of the Islamic Civil Aviation Council, (v) Islamic States Telecommunications Union, (vi) Agreement on Islamic Corporation for Insurance of Investment and Export Credit;

Having taken cognizance of the resolutions issued by the Thirteenth Session of COMCEC on the matter;

Having taken note of the recommendations of the Twenty-first Session of the Islamic Commission for Economic, Cultural and Social Affairs;

Having taken note also of the report of the Secretary General,

1. Expresses satisfaction at the efforts of the General Secretariat, of the IDB and COMCEC to speed up the implementation of the Agreements and Statutes aimed at strengthening economic cooperation among Member States.

2. Also expresses satisfaction over the initiatives taken by COMCEC to effect the signing of the Agreements/Statutes that fall within the framework of cooperation among Member States and recommends that this practice be pursued.

3. Notes with satisfaction that 16 Member States have already signed the Framework Agreement and that Seven have ratified it and urges those who have not yet done so, to do it as soon as possible so as to enable the required negotiations to start.

4. Calls upon Member States which have not yet signed and/or ratified the above mentioned Agreements/Statutes to do so, at their earliest and also urges Member States that have ratified to take follow up actions and inform the General Secretariat about the progress of implementation.

5. Notes with satisfaction that the Agreements for the establishment of the Islamic Corporation for Insurance of Investment and Export Credit have come into effect as of 1 August 1994.

6. Expresses its thanks and appreciation to the IDB for its efforts to establish the Corporation.

7. Invites Member States which have not yet done so, to sign and ratify the Agreement of the Corporation and pay their respective subscriptions to its capital to make it possible to draw the expected benefits at the widest scale possible within the OIC system.

8. Requests the Secretary General to follow up the question and submit a report thereon to the Twenty-sixth Session of the Islamic Conference of Foreign Ministers.

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