Rangoon, 24 December 1962 The Revolutionary Government of the Union of Burma and the Government of the Republic of India,
BEING desirous of strengthening the friendship traditionally existing between them and of promoting closer economic and commercial
relations between their countries,
HAVE agreed as follows :
Article I
The two Governments, shall, within the framework of their laws and regulations in force from time to time, afford necessary facilities
for the import/export of commodities mentioned in the attached Schedules 'A' and 'B'.
Article II
The two Governments shall provide reasonable facilities for import into and export from either country of commodities not specifically
mentioned in the attached Schedules 'A' and 'B'.
Article III
Each Government shall give full consideration to suggestions that may be made from time to time by the other Government for facilitating
the import into one country of commodities which are available for export from the other.
Article IV
Each Government shall, subject to prices and quality being satisfactory, give full consideration to suggestions that may be made from
time to time by the other Government for the development and expansion of commerce and the diversification and balancing of trade
between the two countries.
Article V
The two Governments recognize the needs and requirements of each other for foreign exchange in the context of their developing economies
and agree to take such steps as may be necessary to achieve as near a balance in their trade as may be practicable.
Article VI
Each Government shall accord to the commerce of the other country treatment no less favourable than that accorded to the commerce
of any third country.
Article VII
The two Governments agree to explore ways and means and to take necessary step's for the most convenient and economical transportation
of commodities between the two countries.
Article VIII
The two Governments will use their best endeavours to promote the development and interest of shipping of both countries, and, in
particular, shall accord to the ships sailing under the flag of the other country, while entering, staying in or leaving the ports
of the other country, all facilities consistent with their respective laws, rules and regulations.
Article IX
This Agreement takes effect from the date on which it is signed and will remain in force for a period of three (3) years, subject
to such modifications as may be agreed upon between the two Governments at the beginning of each calendar year.
DONE at Rangoon, on the Twenty fourth day of December, 1962, in two original copies in the English language, both of which are authentic.
Sdl
V. SHANKAR
For the Government of the Republic of India.
Sdl-
SEIN KYI
For the Revolutionary Government of the Union of Burma.
SCHEDULE A
COMMODITIES FOR EXPORT FROM BURMA TO INDIA
1. Rice
2. Teak
3. Hardwoods
4. Hides and skins
5. Pig lead and other mineral ores
6. Seed potatoes
SCHEDULE B
COMMODITIES AVAILABLE FOR EXPORT FROM INDIA TO BURMA
1. Cotton yarn and sewing thread.
2. Cotton and woollen piece goods; synthetic fibre textiles; their manufactures and made up goods.
3. Jute and jute products.
4. Coir yarn and manufactures.
5. Dried prawns, fish and preparations.
6. Agricultural and food items like spices, coffee, tea, vegetable and hydrogenated oils, Biri leaves, sandalwood.
7. Coal.
8. Chemical, Pharmaceutical and allied products, including paints, pigments, varnishes, inks and dyestuffs.
9. Engineering goods, including electrical goods; machinery for jute, textile, sugar, oil, printing, paper and cement mills; fans,
bicycles, sewing machines and their components and spare parts; pumps, diesel engines, oil expellers; railway rolling stock; safes
and strong boxes, telephone and telegraph equipment; agricultural tools and implements; machinery components, parts and accessories.
10. Hardware and constructional material, including household and building material.
11. Miscellaneous goods like synthetic stones, gums and resins, lac and shellac, printed books, newspapers, periodicals, stationery
and sports goods, rubber and plastic goods.
