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TRADE AGREEMENT BETWEEN THE GOVERNMENT OF INDIA AND THE GOVERNMENT OF THE KINGDOM OF MOROCCO [1962] INTSer 14

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

Tangiers, 3 August 1962

CONSIDERING the cordial relations existing between the Kingdom of Morocco and the Republic of India, the Government of the two tries, 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 possible in all matters concerning trade between the two countries.

Article II

For the purposes of this Agreement, goods originating in and in and from Morocco shall be deemed to be Moroccan goods and 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 "B" (Moroccan exports to India) these lists forming an integral part of this Agreement.

With the approval of the appropriate Moroccan and Indian authorities produce of Indian or Moroccan origin not mentioned in List "A" and 'B' may also be imported or exported.

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 'B' to the extent agreed to by the Parties in so far as the internal regulations of one or the other Party shall require such authorisation.

Article V

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 VI

The appropriate departments of the two Governments shall exchange every six months necessary information regarding commercial exchanges and in particular regarding the movement of the goods mentioned in Lists W and 'B'.

Article VII

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 realizing the objectives of this Agreement and shall, in particular, be competent to modify the Lists of goods.

Article VIII
The payments of merchandise exchanged under this Agreement shall be made in convertible currency.

Article IX

This Agreement shall come into force on the date of signing 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 Tangiers on the 3rd August, 1962, in two copies, French and English, both texts to be equally authentic.

For the Government of the Republic of India
S. VOHRA

For the Government of His Majesty the King of Morocco
ABD ERRAHMAN TAZI

LIST 'A'

INDIAN EXPORTS TO MOROCCO

1. Cotton textiles
2. Artificial textiles
3. Tea
4. Linen textiles
5. Coconut fibre and manufactures
6. Electrical material (not included in P.G.I.)
7. Domestic sewing machines
8. Crepe fibre and yarn
9. Groundnut oil
10. Handicrafts
11. Miscellaneous

LIST B

1, Rock phosphate
2. Lead
3.
Cork
4 Paper
5. Manufacture
6. Chemicals
7. Handicrafts
8. Rice
9, Cotton
10. Miscellaneous


India Bilateral

Ministry of External Affairs, India


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