Trade Preferential System of the OIC (TPS-OIC)

Sub-subject: Trade Preferential System among the Member States of the Organization of Islamic Cooperation (OIC). Syllabus:

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

Sample of the Sub-subject: Trade Preferential System (TPS-OIC):

Sub-Subject Description: Trade Preferential System of the OIC.

The Trade Preferential System (TPS-OIC) among the Member States of the Organization of Islamic Cooperation (OIC) includes themes of international trade as:

1. Application of the principle of Most Favored Nation
2. Equal treatment of member countries of the Organization of Islamic Cooperation
3. Special Treatment of Less Developed Countries
4. All product groups (including agricultural products)
5. Tariff and non-tariff barriers
6. Rules of origin (signed by thirty-two countries, in force: 2011)

The Trade Preferential System of the Organization of Islamic Cooperation (OIC) is based on three agreements:

1. Framework Agreement
2. Protocol on the Preferential Tariff Scheme (PRETAS)
3. Rules of Origin

Member Countries that have signed the Trade Preferential System (Framework Agreement + PRETAS + Rules of origin) among the OIC Member States (2013) are Bahrain, Bangladesh, Jordan, Kuwait, Malaysia, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Syria, Turkey, the United Arab Emirates

Member Countries that have signed the only the Framework Agreement + PRETAS of the Trade Preferential System: the Arab Republic of 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.

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

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

SOURCE: OIC

Trade Preferential System OIC:

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

The agency responsible for the implementation of the agreement is the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC)

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

Trade Preferential System OIC:

1. The main religion of the Member countries of the Trade Preferential System among the Member States of the OIC (TPS-OIC) is the Islam.
2. TPS-OIC is an Islamic agreement of the Islamic Civilization and the African Civilization