Islamic Trade Preferential System (TPS-OIC)

1. Introduction to the Trade Preferential System of the Organization of Islamic Cooperation
2. Framework Agreement of the Trade Preferential System (TPS-OIC)
3. Protocol on Preferential Tariff Scheme (PRETAS)
4. Rules of Origin under the Trade Preferential System

Sample - Trade Preferential System (TPS-OIC)

The educational aims of the Subject “OIC Trade Preferential System” are:

1. To understand the purposes and characteristics of the Trade Preferential System of OIC
2. To analyze the Protocol on Preferential Tariff Scheme (PRETAS)
3. To learn about functioning of the Rules of Origin under the Trade Preferential System (TPS-OIC)

The Subject “Trade Preferential System among the Member States of OIC (TPS-OIC)” is included within the curriculum of the following academic programs at EENI Global Business School:

Doctorate: African Business, Ethics, Religion & Business.

Master: Religions & International Business, Business in Africa, International Business..

Languages: ( Système de préférences commerciales Arabes Sistema comercio preferencial islámico SPC OIC).

The Trade Preferential System (TPS-OIC) among the Member States of the Organization of Islamic Cooperation includes Related Subjects to Foreign Trade as:

1. Application of the Most-favoured-nation principle
2. Equal treatment of the member countries of OIC
3. Special Treatment for Less Developed Countries
4. All product groups (including agricultural products)
5. Tariff and non-tariff barriers. Technical Barriers to Trade
6. Rules of origin (signed by thirty-two countries, in force: 2011)

The Member Countries that have signed the Trade Preferential System (Framework Agreement + PRETAS + Rules of origin) among OIC Member States are Bahrain, Bangladesh, Jordan, Kuwait, Malaysia, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Syria, Turkey, the United Arab Emirates.

The Member Countries that have signed only the Framework Agreement + PRETAS of the Trade Preferential System are Egypt, Guinea, Indonesia, Iran, Mauritania, Niger, Palestine, Sudan, Somalia, Tunisia, Sierra Leone, the Gambia, Guinea-Bissau, Burkina Faso, Cameroon, the Comoros, Djibouti, Benin, Nigeria, and Ivory Coast.

The Member Countries that have signed only the Framework Agreement of the Trade Preferential System are Brunei, Chad, Gabon, Iraq, Lebanon, Libya, Maldives, Senegal, and Uganda.

The Member Countries that have not ratified/signed the Framework Agreement (not members of the Trade Preferential System OIC) are Afghanistan, Algeria, Albania, Azerbaijan, Guyana, Kazakhstan, the Kyrgyz Republic, Mali, Mozambique, Suriname, Tajikistan, Togo, Turkmenistan, Uzbekistan, and Yemen.

SOURCE: OIC

The Trade Preferential System among OIC Member States entered into force on October 2003.

The responsible agency for the implementation of the agreement is the Committee for Economic Cooperation of OIC.

The Preferential Tariff System for TPS-OIC (PRETAS) defined: rate of Tariffs and para-tariff and non-tariff reduction (effective in 2010).

1. Main religion of the Trade Preferential System among the Member States of OIC (TPS-OIC) member states is Islam
2. The TPS-OIC is an Islamic Agreement of Islamic Civilization and African Civilization