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Trade Agreement

May 02, 1961

TRADE AGREEMENT BETWEEN THE GOVERNMENT OF INDIA AND THE IMPERIAL GOVERNMENT OF IRAN

Tehran

The Imperial Government of Iran and the Government of India,
RECALLING the provisions of the Treaty of Commerce and Navigation between the Imperial Government of Iran and the Government of India signed on the 15th December, 1954, especially Articles 1, 9, 10, 11, and 13, as reproduced in the Annexure attached to this Agreement,
DESIRING to further strengthen and promote commercial relations between the two countries,
HAVE agreed as follows

Article 1
The two Governments recognising the need and requirements of each other in the context of their developing economies undertake to explore all possibilities for expansion and promotion of trade between the two countries on the basis of mutual advantage.

Article 2
With regard to commodities mentioned in Schedules A and B attached to this Agreement, the two Governments shall facilitate imports and exports to each other's territories in accordance with their respective laws, regulations and procedures. The export and /or import of goods not included in Schedules A and B will also be permitted in accordance with laws, regulations and procedures in force in either country from time to time.

SCHEDULE A

LIST OF COMMODITIES AVAILABLE FOR EXPORT FROM INDIA TO IRAN

  • Textiles
    1. Cotton, including cotton twists and yarns, cotton manufactures including handloom cloth, hosiery and knitted garments.
    2. Woolen piecegoods.
    3. Silk, Art Silks and Rayon fabrics.
    4. Hessian, Jute manufactures.
  • Food
    Such as Tea, Coffee, spices including pepper, provisions, etc., Cashew kernels, Confectionery, Sugar, Cane Jaggery and Cane Jaggery powder (Indian gur), fruits, fresh and preserved, bottled and canned.
  • Agricultural Products
    Such as Hydrogenated oils, i.e., Vanaspati or Vegetable ghee, Vegetable oils and oilseeds, Essential oils, Tobacco (raw and unmanufactured).
  • Chemical Products
    Such as Chemicals, Pharmaceuticals, drugs and medicines, Sera and Vaccines, toilet requisites and perfumery, Paints, pigments and varnishes, Soap (toilet and household), Naphthalene.
  • Engineering Goods
    Such as Diesel engines, pumps driven by Diesel engines and Electric motors; Sewing machines; Bicycles and Bicycle parts; Metal containers and crown corks; Safety razor blades; Textile machinery such as Carding machinery and weaving looms; Machine tools, hand tools and small tools; sugarcane crushing machinery; Machinery for dehusking paddy; Flour and oil producing machinery; Printing machinery; Small river craft; Ball-bearings; Gliders; Agricultural implements; Automobile parts; Structurals.
  • Electrical Goods
    Electrical fans and their parts; Batteries (dry and wet); Electrical appliances and accessories, such as Conduit pipes; Switches, bells, holders, cut-outs, etc., Electric bulbs and tubes; Generators; Radio receivers; Electric torches; Electric motors; Ebonite sheets; rods and tubes; Cables and wires; Transmission towers.
  • Household and Building Requirements
    Cement; Copper and Brass sheets; Window, door and other frames; G.I.Pipes and Fittings; Household Electrical fittings and fixtures; Utensils including stainless Steelware; Cooking Ranges Heaters; Electric Irons; Toasters; Kettles, etc., Roofing Tiles; Linoleum; Sanitaryware; Manhole Covers and Plates; Hurricane Lanterns; Kerosene Stoves; Incandescent Oil Pressure Lamps; Safes; Strong Boxes and Roof Fittings; Crockery.
  • Hardware
    Locks and Padlocks; Cutlery; Botts; Nuts; Screw and Hinges, etc.; Steel Furniture and Hospital Appliances; Scientific Instruments of all types; Weighing Machines; Surgical and Medical Instruments.
  • Rubber Manufactures
    Tyres and Tubes; Tyre retreading compound and foam rubber; other manufactures.
  • Leather Manufactures artificial leather goods.
  • Handicrafts and Cottage Industry Products
  • Miscellaneous
    Coir and Coir products; Dyeing and Tanning substances; Lac and Shellac; Myrabolan and Myrabolan extracts; Glassware including tableware; Glass bottles and bangles ; Books and
Printed Matter; Sport goods; Plastic goods; Stationery. And such other items as may become available for export from time to time.

 

Import of these commodities into Iran will be subject to the laws, regulations and procedures in force in that country.

SCHEDULE B

LIST OF COMMODITIES AVAILABLE FOR EXPORT FROM IRAN TO INDIA

  • Dry fruits comprising almonds, pistachio nuts, walnuts, hazel nuts, etc.
  • Dates (fresh and dried).
  • Raisins (different varieties) and Currants.
  • Dried fruits- Apricots, peaches and figs.
  • Fresh fruits.
  • Quince seeds.
  • Roots and bushes, stems, fruits, fruit stones for dyeing and tanning purposes.
  • Plants, roots, stalks and herbs for medicinal, perfumery and industrial purposes.
  • Asafoetida.
  • Gum tragacanth and other gums.
  • Cumin seeds (black and green).
  • Carpets and rugs.
  • Wool.
  • Red Oxide.
  • Sulphur.
  • Mineral ores including copper, zinc, lead.
  • Cotton.
  • Hides and skins (raw).
  • Fish and fish products.
  • Turquoise and pearls (not bored).
  • Handicrafts.
  • Persian films.
  • Books, magazines and newspapers.
  • Guts (sheep and goat, salted or unsalted).
  • Patent in Medicines.
NOTE : Import of these commodities into India will be subject to the laws, regulations and procedures in force in that country
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