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TRADE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA AND GOVERNMENT OF THE KINGDOM OF MOROCCO [1960] INTSer 21

TRADE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA AND GOVERNMENT OF THE KINGDOM OF MOROCCO

Rabat, 26 September 1960

Considering the cordial relations existing between the kingdom of Morocco and the Republic of India, the Governments of the two countries, with the object of closer economic co-operation and further development of trade relations on the basis of equality and reciprocity, have agreed as follows :

Article I

The Contracting Parties, anxious to encourage and facilitate the exchange of goods between the two countries, have agreed to grant each other reciprocally the most favoured treatment in all matters concerning trade between the two countries.

Article II

For the purposes of this Agreement, goods originating in and exported from Morocco shall be deemed to be Moroccan goods and those originating in and exported from India shall be deemed to be Indian goods.

Article III

Exchange of goods between the countries shall be according to List 'A' (Indian exports to Morocco) and List S' (Moroccan exports to India), these lists forming an integral part of this Agreement.

Article IV

The Contracting Parties agree that their appropriate authorities shall issue the necessary import and export licences for the exchange of goods provided for in Lists 'A' and '13' in so far as the internal regulations of one or the other Party shall require such authorisation.

Morocco Trade 26 Sep. 1960

The appropriate au.thorities of each Party shall take necessary steps to ensure complete utilisation, without discrimination of the quotas provided for in the above-mentioned lists.

Article V

With the approval of the appropriate Moroccan and Indian authorities, produce of Indian or Moroccan origin may be imported or exported, even though such goods are not mentioned in the Li ' sts 'A' and T' mentioned in Article III of this Agreement or the quotas in respect of them have been exhausted.

Article VI

The two Contracting Parties shall grant to vessels registered respectively in Morocco and India all customary facilities as regards provisioning and navigation in their respective territorial waters, as well as port facilities in accordance with the regulations in force in each of the two countries.

Article VII

The appropriate departments of the two Governments shall exchange every six months necessary information regarding commercial exchanges and, in particular, information regarding the extent of utilisation of the quotas mentioned in Lists 'A' and '13' in Article III of this Agreement.

Article VIII

A Joint Commission, consisting of representatives of the two Parties shall be appointed to ensure the execution and smooth working of this Agreement.

This Commission shall meet whenever one of the Contracting Parties shall so desire.

The Joint Commission shall take necessary steps for realising the objects of this Agreement and shall, in particular be competent to modify the lists of goods which shall be valid for a further period of one year.

Article IX

Settlement in respect of exchange of goods covered by this Agreement shall be effected in accordance with the provisions set up in the Payments Agreempnt to be concluded by the two Govermnents

Article X

This Agreement shall come into force from the date of Payments

Agreement referred to in Article IX of this Agreement is signed, and shall remain in force for one year thereafter. It shall be renewable from year to year by tacit extension for a further period of one year, as long as one or the other of the Contracting Parties shall not have rescinded it in writing by giving three months'notice before its expiry.

DONE at Rabat on the 26th September, 1960, in two copies, French and English, both texts to be equally authentic.

DRISS SLAOUI,

Minister of Commerce and Industry
For the Govt. of His Majesty the king of Morocco.

R. GOBURDHUN

Ambassador of India
For the Government of Republic of India.

LiST 'A' MOROCCAN IMPORTS FROM INDIA

Dirhams 1. Tea Worth 1,600,000 2. Pepper and spices (ginger turmeric roots etc.) 1,500,000 3. Crude groundinut oil 300,000 4. Cotton textiles 2,000,000 5. Silk and art silk textiles 250,000 6. Linen textiles 100,000 7. Jute sacks not made in Morocco 25,000 8. Raw jute, steeped not spun P.M. 9. Coir 100,000 10. Cotton thread (except dressed) 100,000 11. Diesel engines and pumps 600,000, 12. Engineering equipment (printing machinery, textile, equipment, electric motors etc.) 1,000,000, 13. Miscellaneous electrical equipment 525,000 14. Miscellaneous 4,000,000

TOTAL WORTH 12,000,000,

LiST 'B'

MOROCCAN EXPORTS TO INDIA

Rupees 1. Rock phosphate Worth 5,000,000 2. Lead (Finished) -,50,000 3. Cork 1,000,000, 4. Asbestos fibre 750,000 (Provisional) 5. Paper and cardboard 750,000 (S.B.) 6. Manufatured articles 300,000 (S.B.) 7. Processed chemicals 700,000 (S.B.) 8. Miscellaneous 2,200,000

TOTAL WORTH 11,420,000


India Bilateral

Ministry of External Affairs, India


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