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Islamic Summit Adopts Istanbul Declaration In Turkey

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  • Islamic Summit Adopts Istanbul Declaration In Turkey

    ISLAMIC SUMMIT ADOPTS ISTANBUL DECLARATION IN TURKEY

    PanARMENIAN.Net
    10.11.2009 18:50 GMT+04:00

    /PanARMENIAN.Net/ The Economic Summit, held Monday in Istanbul,
    to mark the 25th Anniversary of COMCEC --the Standing Committee for
    Economic and Commercial Cooperation of the Organization of the Islamic
    Conference-- with participation of Heads of State and Government,
    adopted the "Istanbul Declaration".

    Member countries of the Organization of the Islamic Conference
    unanimously adopted a closing declaration urging member states to
    ratify the Preferential Tariff Scheme (PRETAS) and the TPSOIC Rules
    of Origin, in order to foster economic and commercial ties.

    The declaration also recognized the importance of the implementation of
    OIC Agreements and resolutions in the field of economic and commercial
    cooperation and regarded Trade Preferential System of OIC (TPS-OIC)
    as one of the main instruments to foster commercial ties and reaching
    the target of 20 % intra-OIC trade by 2015.
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