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54

Table 9: Timeline of the TPS-OIC Negotiations

Furthermore, in order to contribute to the liberalization of trade in the Member States, COMCEC

also encourages the OIC Member States to join the WTO. In this regard, the Islamic Development

Bank (IDB) and the ICDT have been organizing several capacity building programmes in

cooperation with the Member States.

1988

•COMCEC adopted the basic principles (Declaration of Intent) that should guide the efforts for the

establishment of a trade preferential system

1990

•The Framework Agreement was adopted by the COMCEC, and presented to the signature and

ratification by the Member States

2002

•The required number of 10 ratifying states for the entry into force of the Framework Agreement

was reached.

2003

•Ministerial declaration of the COMCEC for the launching of the First Round of TPS-OIC

Negotiations.

2004-

2005

•First Round of Negotiations (Antalya round, 4 meetings) producing the Preferential Tariffs Scheme

(PRETAS)

2006

•Ministerial Declaration for the launching of the Second Round of Negotiations.

2006-

2007

•Second Round of Trade negotiations (Ankara Round, 4 meetings) producing the TPS-OIC Rules of

Origin.

2007

•Ministerial Declaration for submitting the Rules of Origin for signing and ratification, and adopting

the date of January 1st, 2009 for the operationalization of the System.

2010

•The required number of 10 ratifying states for the entry into force of the PRETAS was reached.

2011

•The required number of 10 ratifying states for the entry into force of the Rules of Origin was

reached.

2014

•The required number of at least 10 member states that have both ratified all the three agreements

and submitted their concessions lists was reached.

2015-

2017

•COMCEC took consecutive resolutions for the full operationalization of the System.