EXCHANGE OF LETTERS BETWEEN THE GOVERNMENT OF INDIA AND THE ROYAL GOVERNMENT OF SWEDEN FOR PROMOTION OF TRADE
New Delhi, 30 June 1953
LETTERS ROYAL SWEDISH LEGATION
New Delhi, the 30th June, 1953
Dear Mr. BHOOTHALINGAM,
I refer to our recent discussions regarding the trade relations between India and Sweden for a further period of two years from the
1st of January, 1953, and note that Sweden being treated as a soft currency country, licences for imports into India of any particular
goods or commodity from Sweden would be granted on the same basis as licences for imports from any other country within the soft
currency group. This implies that there will be no discrimination against Sweden regarding the import of any particular commodity
from countries in this currency group. It further implies that if India enters into any trade agreements with any members of this
currency group, Sweden will enjoy the same favours and privileges as those which may be given to the countries with which India may
enter into such agreements.
2. It is understood that in case of an alteration in India's export regulations, Sweden will be accorded the same treatment as any
other country in her currency group.
3. 1 further confirm the agreement reached during our discussions that both the Governments of Sweden and India would use their best
endeavours to promote the trade and shipping of the two countries and that they would give a fair and equitable treatment to all
questions arising in this connection.
4. It is noted that India would welcome technical assistance to build up new industries and improve existing ones, and I am glad to
state that Sweden will use her best endeavours to meet requests of this kind. The Government of Sweden is prepared to encourage Swedish
industries to place their experience at the disposal of India, and it is our understanding that your Government will use its good
officer, to facilitate Swedish contacts with Indian industry. The actual negotiations will, of course, be for the industrialists
on both sides to conduct and any agreement arrived at will be subject to the foreign exchange and other regulations that may be in
5. 1 take this oppportunity to confirm that the liberalisation of imports into Sweden from the countries in the Organisation for European
Economic Co-operation will continue to be extended to imports from India subject to your reply. The concessions as regards import
liberalisation granted by the Government of Sweden to the members of the above-mentioned organisation will thus be applied to Indian
goods imported into Sweden.
(Sd.) PER WIJKMAN.
S. BHOOTHALINGAM, Esq., Joint Secretary,
Ministry of Commerce and Industry, New Delhi.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY.
New Delhi, the 30th June, 1953
Dear Mr. WIJKMAN,
Thank you for your letter of today's date setting out the results of recent trade discussions between representatives of the Swedish
and Indian Governments.
2. 1 confirm that the letter represents correctly the understanding reached subject to the following : (a) With reference to the first
paragraph of your letter it is understood that Sweden will continue to receive soft currency treatment during the period of the agreement.
Reservation is, however, made for any emergency measures that may be necessitated by the balance of payments situation. (b) In regard
to the last sentence of the first paragraph of your letter, it is correct to say that it is the intention of the Government of India
not to extend any discriminatory treatment in or through trade Agreement, to any country of the same currency group. (c) We are making
certain exceptions in our import trade control regulations in respect of certain commodities brought into India from neighbouring
countries in sailing vessels. (d) There are also certain relaxations in the matter of import regulations in favour of imports from
the neighbouring country Afghanistan.
3. It is agreed that in case of an alteration in India's export regulations, Sweden will be accorded the same treatment as any other
country in her currency group.
4. I take this opportunity of thanking the Swedish Government for extending to India the import liberalisations which have been granted
to countries which are members of the Organisation for European Economic Co-operation.
5. It is understood that the reservation made under (a) will apply also for Sweden and that Sweden may re-examine the application
in regard to India of the import liberalisation indicated here in case of emergency measures taken by India. Yours sincerely,
(Sd.) S. BHOOTHALINGAM.
His Excellency Mr. PER WIJKMAN,
Envoy Extraordinary and Minister Plenipotentiary
for Sweden in India, 11, Ratondone Road, New Delhi.