Berlin, Aug 13 (DPA) In a move certain to please the world's major sport sponsors, the International Olympic Committee (IOC) agreed Thursday to propose golf and rugby sevens as sports for the 2016 Olympics at the next IOC Session in October.

The 15-strong IOC Executive Committee meeting in Berlin also approved the introduction of three weight divisions of women's boxing for the first time at the London Olympics in 2012, removing the anomaly of it being the only summer Olympic sport without women competitors.

'Women's boxing is a fantastic addition. It was time to include this sport,' said IOC president Jacques Rogge.

However, baseball, softball, squash, karate and roller sports failed to make the proposed selection for 2016 and will not be put forward for ratification by the full 106-member IOC assembly in Copenhagen on October 9.

Golf was previously an Olympic sport at the 1900 Games in Paris and four years later in St Louis while rugby sevens, which is a faster version of the standard 15-a-side game, has never been an Olympic sport although the full version made an appearance between 1900 and 1924.

'We are a youthful, dynamic sport,which can show significant economic success,' said Mike Miller, general secretary of the International Rugby Board (IRB).

The last Rugby World Cup in 2007, which was hosted by France, generated a profit in excess of 100 million euros ($141 million).

The IOC Session can accept one or both sports and a simple majority vote in favour will suffice.