Updated: Friday June 07, 2019/AlJumaa
Shawwal 04, 1440/Sukravara
Jyaistha 17, 1941, at 08:47:50 PM
TRADE AGREEMENT
BETWEEN
Whereas the Government of India and the
Government of Pakistan are desirous of continuing arrangements regarding the
supply by each country of the requirements of the other they have agreed as
follows:-
Article I
The Government of India agree to permit the
importation from and exportation to Pakistan and the Government of Pakistan
agree to permit the exportation to and importation from India, of the
commodities and goods specified in Schedules A and E at least up to the limits
for each class of goods mentioned therein during the period of this Agreement
on the terms and conditions of this Agreement.
Article II
With regard to such commodities and,goods
specified in the said Schedules as are, or may be, subject to export or import
licences, the two Governments agree to grant, upon receipt of applications duly
made, export or import licences at least up to the quantitative or monetary
limits specified in Schedules A and B in respect of such commodities and goods
in accordance with the law of the country and regulations and administrative
practices of the Government granting the hcences.
Article III
During the currency of this Agreement, the
two Governments may, by mutual agreement, alter, extend or supplement the
Schedules to this Agreement.
Article IV
Articles I and II of this Agreement are
without prejudice to the right of traders of either country entering into
business transactions in respect of goods and commodities not forming part of
this Agreement subject to, and in conformity with, the laws and regulations of
either country for the time being in force.
Article V
The two Governments agree to render all reasonable
assistance in facilitating the export and import of goods and commodities
included in Schedules 'A' and 'B' and to consult each other in respect of any
matter arising from, or in connection with, the exchange of commodities and
goods between the two countries during the currency of and in accordance with
this Agreement.
Article VI
Neither party shall re-export to any other
country any scheduled commodity obtained by either country from the other in
the form in which it was imported. Change of packing does not constitute change
of form for the purpose of this Article.
Article VII
Subject to seasonal considerations and
delivery requirements indicated in Schedules 'A' and 'B' each country shall
spread its purchases as uniformly and conveniently as possible.
Article VIII
The two Governments agree to promote the
contacts between the trade interests of the two countries and undertake to give
every reasonable facility for the import and export of commodities, and in
particular to facilitate the use of the routes and methods of transportation
which are most economical and convenient.
Article IX
This Agreement, subject to ratification by
the two Governments, shall remain in force for a period of twelve months from
the 1st July 1949 to the 30th June 1950, except where otherwise specified in
the Schedules.
Article X
In order to implement the Agreement in a
smooth and orderly way the two Governments will exchange monthly progress
reports and arrange meetings every other month between representatives of the
two countries.
DONE and SIGNED in duplicate in English,
either copy being authentic, in
SCHEDULE A
EXPORT FROM
Serial No.
Commodity/Goods
Quantity/value
Remarks
1.
Raw Cotton
450,000 bales
A minimum of 2.25 lakhs bales
to
be purchased by 28th February 1950 and the balance by 31st August 1950.
2.
Hides & Skins:
Cow hides
Skins, goat
Skins, sheep
---
200,000 pieces
1,000 pieces
800,000 pieces
700,000 pieces
. Goat
skins in equal quantity from East and West Pakistan; Sheep skins 75,000 from
East Pakistan and 625,000 from
3.
Raw Jute
4,000,000 bales.
(In terms of standard bales of 400 lbs.)
Free of licence on both sides
4.
Rape & Mustard
seed
15,000 tons
This is balanced by the
additional supply of 5,000 ton mustard oil mentioned in item 10(a) of Schedule
'B'.
5.
Rock Salt
2,000,000 Maunds
SCHEDULE B
EXPORT FROM
Serial No.
Commodity/Goods
Quantity/value
Remarks
1.
Asbestos Cement sheets
2,500 tons
immediately. The article is on
Open General Licence forimport
into
2.
Canvas
1,50,000 yards
This item is on the Open
General Licence for import into
3.
Chemicals:
(a) Sulphuric acid
(b) Aluminium sulphate
(c) Hydrochloric acid
(d) Nitric acid
(e) Magnesium sulphate
(f) Ferrous sulphate
.---
2,000 tons
2,000 tons
270 tons
200 tons
800 tons
400 tons
On Open General Licence for
import into
4.
Coal
2,040,000 tons at the rate of
170,000 tons per month.
The figure of 170,000 tons of
coal includes
1,000 tons of Hard Coke per month.
will make every effort to supply an extra 30,000 tons per month if transport can
be arranged. Maximum possible movement
to be by rail.
5.
Cloth:
(a) Mill-made
.
(b) Handloom
.
150,000
.
Import into
Liceence. Free licensing by
6.
Cotton yarn
At least 25,000 bales to be
20's and above.
Free licensing by
below 20's. Quotas for counts of 20's and
above.
7.
Hardwood
Malabar Jungle wood and
similar varieties.
Free licensing by
General Licence for import by
8.
Jute manufactures
On Open General Licence both
for export
from
9.
Myrabolams
On Open General Licence both
for export
from
10.
Edible Oils:
(a) Mustard Oil
30,000 tons plus
5,000 tons
Open General Licence on both
sides.
The additional quantity of 5,000 tons
is balanced by the supply of 15,000 tons
of mustard and rape seed mentioned in
item 4 of Schedule A.
(b) Groundnut Oil
15,000 tons
(c) Copra Oil
6,000 tons
Ditto
(d) Vanaspati
15,000 tons
Ditto
11.
Railway Stores:
(a) Underframe fittings
(b) Fire Bricks
.
Rs. 150,000
Rs. 100,000
.
Signalling and Interlocking materials
Rs. 150,000 Underframe fittings. Rs. 150,000
Fire Bricks Rs. 350,000 Hydraulic fittings
Rs. 30,000 Electrodes Rs. 800,000 Split and
Cotton pins Rs. 500,000 Wheel Type Axles.
Rs. 500,000 Further consultation will be held
with a view to utilising spare capacity in
12.
Paints & Varnishes
2,500 tons
Open General Licence on both
sides.
13.
Linseed Oil
6,000 tons
General Licence for import into
14.
Bauxite
2,500 tons
Is on Open General Licence on
both sides.
15.
Electrical Steel Sheets
500 tons
General Licence for imports into
16.
Sea Salt
2,000,000 Mds.
Open General Licence in
by land and river and under licence by sea.
17.
Steel
64,000 tons
18.
Pig Iron
16,000 tons
Supply will be quarterly
instalments of
4,000 tons beginning from October-December 1949, and ending in July-September,
1950.
19.
Tobacco (Flue-cured)
2,000,000 lsb.
Open General Licence for
export by
20.
Ferrosilicon
100 tons
*
21.
Ferromanganese
100 tons
Ditto.*
22.
Pitching Stone and Ballast
7,500,000 cft
23.
Washing soap
5,000 tons
* Since
confirmed.
Note: Cigarettes, Matches and Toilet Soap
have been suggested by
Ministry of External Affairs,
Courtesy: http://www.commonlii.org/in/other/treaties/INTSer/1949/10.html
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