A Memorandum of Understanding (MoU) has been signed between the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) and Islamic Chamber Research and Information Centre (ICRIC) on 16 July 2011 in Tehran, Islamic Republic of Iran.

The MoU aims to provide a general framework to develop cooperation and collaboration between two institutions in the areas of common interest under their mandates so as to facilitate the attainment of the goals of both centers with a view to enhancing cooperation among the Member States of the OIC.

According to the MoU, the parties shall exchange technical and administrative assistance in the matters of common interest and share information to benefit from each other’s experiences, resources and expertise with respect to best practices.

Moreover, the parties shall support each other for both ongoing and potential training programs, seminars, congresses, conferences, workshops and other activities, including activities under the framework of Small and Medium Scaled Enterprises (SMSEs), Islamic World Trade Directory (IWTD), Muslims Excellence & Competitiveness Corporations’ Award (MECCAward), Islamic Countries Tourism Chain (ICTC), Halal World, and Vocational Education and Training Programme for OIC Member Countries (OIC-VET Programme).

The MoU reflects the common objectives of SESRIC and ICRIC towards joint research, training and consultation on the issues of common interest for the development of OIC Member Countries.