New Delhi, 12 December 1972 The Government of INDIA
AND
The Government of the United Republic of TANZANIA
DESIROUS of promoting trade and facilitating improved economic relations between their two countries and thereby strengthen further
the friendly relations existing between them,
HAVE AGREED as follows:
Article I
The Government of each country shall, within the scope of the laws and regulations in their respective countries, take all measures
to facilitate the import of goods between the two countries with the objective of achieving a steadily increasing and more balanced
trade.
Article II
Each Contracting Party shall apply to the other within the laws and regulations in force in each country, most-favoured-nation treatment
in regard to all matters relating to customs, duties and charges, the importation, exportation, loading and unloading of goods, shipping,
port and harbour facilities and issuance of import and export licences.
This provision shall not, however, apply to the grant or continuance of any :
(a) advantages accorded by either contracting Party to neighbouring countries;
(b) advantages resulting from any customs and economic union or free trade area to which either of the Contracting Parties is nor
may become a party;
(c) preferences and advantages accorded by India or Tanzania to any third country and existing on the date of this Agreement or in
replacement thereof; and
(d) any advantages or preferences accorded under any schemes for expansion of trade and economic cooperation amongst developing countries
on a regional or global basis to which either Government is or may become a party.
In so far as they are consistent with the obligation of the Contracting Parties under the General Agreement on Trade and Tariffs.
Article III
Subject to their respective import and export customs and tariff regulations, no customs duty shall be imposed, levied or collected
by the Government of either country with respect to the importation or exportation of the following from or to the territory of the
other :
(a) samples of goods of non-commercial value for use entirely for publicity purposes; and
(b) goods imported for approved exhibitions which are allowed entry on a temporary basis subject to being re-exported.
The above exemptions shall apply in accordance with the provisions of the International Convention to facilitate the importation
of commercial samples and advertising.
Article IV
Payments for all transactions resulting with the applications of this Agreement shall be made in a freely convertible currency which
is acceptable to the two Governments.
Article V
The present Agreement shall come into force on the date on which notes shall have been exchanged confirming that the present Agreement
has been ratified in accordance with the legal procedure of each country. It shall remain in force for a period of one year and
the working of the agreement shall be subjected to a comprehensive review at the expiry of six months from the date of the Agreement
coming into force.
DONE at New Delhi on the twelveth day of December One Thousand Nine Hundred and Seventy two in two original copies in the English
Language, both texts being equally authentic.
For the Government of India
For the Government of the
United Republic of Tanzania
Sd/-
Sd/-
L N MISHRA
A H JAMAL
Minister of Foreign Trade
Minister for Commerce and Industry
Leader of the Indian Delegation
Leader of the Tanzanian Delegation
