Islamic Food Processing Association is one of the two strategic initiatives proposed by the Islamic Organization for Food Security during the second General Assembly held in Jeddah, Saudi Arabia in August 2019. Islamic Food Processing Association aims to develop a direct relationship between agricultural businesses in the IOFS Member States by establishing B2B cooperation between private sectors among IOFS countries. The activities of IFPA are geared towards solving problems such as reduction of post-harvest losses, distribution, and promotion of agricultural products, strengthening the supply chain and reduction of production costs through advanced technologies. The Association will also become a platform for strengthening intra-OIC trade relations, enhancing investment activities between our member countries, developing and implementing large-scale interstate economic projects, concluding trade operations, and intensifying trade and commercial outreach.
The main shareholders will be the IOFS Member States and private sector establishments working in the domain of food processing and agricultural businesses. Membership fees shall be drawn from the OIC Member States and be open to individual companies and associations from the agricultural and food processing industries. Companies and Associations are eligible to apply for Ordinary or Associate Membership.
THE ASSOCIATION MEMBERSHIPS:Ordinary Members would include national apex bodies of processors of any food item (such as fish, dairy, meat, dates, etc); associations of grain processors, individual, public and private companies working in agro-food and food processing industries, whose investment capital accounts to at least USD $3 to 5 million.
Associate Members would include government and private sectors, support bodies such as bureau of standards, export promotion agencies, investment promotion agencies, research institutions, associations of farmers, manufacturers of agricultural inputs and implements, etc.
Honorary Members would include individuals that are nominated by the Executive Board by virtue of their scientific, technical work or public service devoted to the improvement and development of food processing operations.
THE RESOURCES OF THE ASSOCIATION WOULD COME FROM:
- Membership fees;
- Endowments or legacies;
- Project incomes;
- Private and public subsidies
- Any other resources authorised by law.