Indian Treaty Series

MUTUALLY desirous of further developing trade relations between the two countries,

HAVE agreed as follows

Article 1

The import of all articles listed in Annexures A, B and C to the "Agreed minutes of the meetings held in Vienna on the 7th and 8th November, 1961, between an Indian and an Austrian Delegation" has either been liberalised or placed on global quotas.

The authorities on both, sides will take all possible steps within the framework of existing laws, rules and regulations to further trade between the two countries.

Article 2

The two Contracting Parties mutually agree that applications for licences for import from either country into the other will be treated on the same basis as similar applications for licences for import from other Contracting Parties to the "General Agreement on Tariffs and Trade".

Article 3

The provisions of Article 2 will not be applicable in the following cases :

(a) where one of the Contracting Parties has granted or may grant special privileges to a neighbouring country in order to facilitate border relations;

(b) where one of the Contracting Parties has signed or may sign a Customs Union or a Free-trade Area with another country or a group of countries.

Article 4

A separate Protocol has been signed today regarding the import from India of cotton yarns and mill-made cotton fabrics into Austria.

Article 5

Each application regarding the import of handloom cotton fabrics, handlooms silk fabrics and miscellaneous handlooms silk or woollen goods from India into Austria will be submitted together with a certificate delivered by an Indian authority to the effect that these are handwoven fabrics.

Article 6

Competent authorities in both countries will endeavour to further contacts between the Austrian Tobacco Monopoly and interested Indian firms with a view to exploring the possibilities of increasing the use of Indian tobacco in Austrian blends.

Article 7

This Agreement will come into force with effect from the date of its signature and shall be valid until 31st December, 1964. It will be automatically renewed from year to year unless either party has notified the other to the contrary at least three months before the date of its expiration.

NOTWITHSTANDING such renewal or renewals, the agreement both in its substance as well as in its implementation shall be reviewed periodically whenever either party to the Agreement considers such review necessary.

DONE in duplicate at Vienna, this 31st October 1963, in the German and English languages, both texts being equally authentic.

Sdl

P. DAS GUPTA
For the Government of the Republic of India.

Sdl-

ALOIS MARQUET
For the Austrian Federal Government.

On the occasion of the discussions held between an Indian and an Austrian delegation in June, 1963, the following was agreed upon :