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TRADE AGREEMENT BETWEEN THE GOVERNMENT OF INDIA AND THE GOVERNMENT OF TURKEY [1953] INTSer 6

TRADE AGREEMENT BETWEEN THE GOVERNMENT OF INDIA AND THE GOVERNMENT OF TURKEY

New Delhi, 4 June 1953

The Government of India and the Government of Turkey, animated by the desire to develop trade relations between the two countries, have agreed on the following

Article 1

The commercial transactions between India and Turkey will be carried out in accordance with the general import and export regulations in force from time to time in each country.

Article 2

The Governments of India and Turkey undertake to accord to one another, during the validity of the present Agreement, all facilities in the granting of import and export licences within the frame-work of their general regulations in force from time to time.

Article 3

Payments arising from commercial transactions and from expenses relating thereto during the validity of the present Agreement, will be settled according to the provisions of the Trade and Payments Agreement signed on the 4th May, 1945, between Turkey and the United Kingdom or in accordance with the provisions of amendments to the aforementioned Agreement to the extent that these affect India.

Article 4

For goods shipped from either Party, after the coming into force of the present Agreement each contracting party will have the right to request certificate of origin as per attached specimen to be issued by responsible authorities in the exporting country.

No certificate of origin Shall be required for shipment of a value not exceeding 100 Turkish Liras or Rs. 170-1-0 or the equivalent in other currencies.

Article 5

The Contracting Parties will assist in furthering the trade between the two countries to the maximum extent possible specifically in respect of the commodities included in the Schedules A and B annexed to this Agreement. It is understood that these lists are not exhaustive, i.e. they will not, in any way, prejudice the exchange of articles not mentioned. Moreover, additions or alterations to the lists may be made by mutual consent.

Article 6

Commercial transactions commenced before the coming into force of the present Agreement and not completed before commencement of this Agreement will be settled during the period of validity of the Agreement in accordance with the regulations current in the two countries relating to such operations.

Article 7

Commercial transactions approved during the validity of the present Agreement by the competent authorities of the two countries and not settled before its expiry will be finalised according to the provisions of the present Agreement.

Article 8

This Agreement shall come into force with immediate effect. It shall remain valid for a period of twelve months and thereafter for such further successive periods as may be mutually agreed upon three months before its expiry. This Agreement has been drawn up in two languages, English and Turkish. Both texts shall be regarded as equally authentic except in the case of doubt when the English text shall prevail.

DONE AND SIGNED at New Delhi in duplicate on the 4th day of June,1953.

(Sd-) S. BHOOTHALINGAM, (Sd.) NUMAN TAHIR SEYMEN,

For the Government of India. For the Government of Turkey.

SCHEDULE 'A'

EXPORTS FROM 'TURKEY To INDIA

1. Dried fruits including walnuts, almonds and hazelnuts. 2. Coarse grains and Pulses: MiEets, Chick-peas, Lentils, Beans. 3. Silk yarm and Silk cocoons. 4. Raw cotton. 5. Fire-Bricks. 6. Cheese (Cashiar, Gruyors and other high quality cheese). 7. Emery. 8. Quick-Silver. 9. Olive oil in bottles. 10. Wax (Carnauba) used in the manufacture of polish. 11. Acorn and Acorn Extract (Tanning Material). NOTE-Only such varieties of the above mentioned goods will be allowed to be imported as are permissible for import into India in accordance with the Import Trade Control Regulations of the Government of India in force from time to time.

SCHEDULES'

EXPORT FROM INDIA TO TURKEY 1 .Tea. 2. Jute goods (Hessians, Jute bags.) 3. Henna leaves. 4. Coir Yarn.

5. Motor Tyres and Tubes except Giant Tyres.

6. Rubber goods: Medical instruments, i.e., hot water bottles, rubber sheets, etc.

7. Spices : Unground Black Pepper. Unground Cinnamon and Cinnamon Flower. Cardamom with shells. 8. Medicinal castor oil. 9. Nutmegs.

10. Cotton piecegoods.

NOTE:- The commodities included in this list, the customs tariff and statistical nuanibers of which are specified in the Turkish Import Trade Regime, can only be imported in Turkey.

CERTIFICATE OF ORIGIN

Consignor Consignee Name Name Address Address Street Street Description of goods Making Number of packages Marks and Numbers Weight gross Kilos Value F.O.B. Value C.I.F. Via It is certified by ............................ in

accordance with the provisions of the Trade Agreement of ........ ........ that the goods specified above are of Turkish/Indian origin.

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

New Delhi, the 4th June, 1953

Dear Mr. SEYMEN,

In the course of negotiations concerning the trade agreement to be signed between India and Turkey, the Government of Turkey were anxious for a specific minimum quota of 11,000 tons of jute goods, in view of Turkey's expanding agricultural production. In view of the present favourable supply position of jute goods, exports of jute goods are now being licensed freely. It is open to the Government of Turkey, as to any other Government, to procure whatever quantities of jute goods are required by them. The Government of India are confident that the Turkish Government will not experience any difficulty in procuring their requirements.

2. In the event of a change in the existing situation and re-imposition of quota system during the currency of the trade agreement, the two Governments will negotiate on the subject of a suitable quota of jute goods for Turkey and the Government of India will endeavour to satisfy the reasonable requirements of the Turkish Government.

Yours sincerely,

(Sd.) S. BHOOTHALINGAM.

H.E. Mr. NUMAN TAHIR SEYMEN,

Ambassador Extraordinary and Plenipotentiary, The Embassy of the Turkish Republic, New Delhi.


India Bilateral

Ministry of External Affairs, India


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