Nepal's Trade & Transit Agreement
Contents
(Trade and Payments Agreements Signed in Kathmandu 12th December, 1992.)
TRADE AND PAYMENTS AGREEMENT BETWEEN HIS MAJESTY'S GOVERNMENT OF NEPAL
AND
THE GOVERNMENT OF THE CZECHOSLOVAK SOCIALIST REPUBLIC
His Majesty's Government of Nepal and the Government of the Czechoslovak Socialist Republic (hereinafter referred to as the Contracting Parties).
Being desirous to develop and strengthen trade and economic relations between them in accordance with their development and trade needs and objectives on the basis of equality and mutual benefit.
Have agreed as follows:
Article I
The Contracting parties shall take all appropriate measures to promote the development of trade and economic relations between their two countries.
Article II
The Contracting Parties shall grant each other most favoured nation treatment in all matters relating to:
- Customs duties and charges of any kind, including the method of levying such duties and charges, imposed in or in connection with importation or exportation imposed on the transfer of payment for imports or exports;
- Rules and formalities connected with customs clearance
- All internal taxes or other internal charges of any kind imposed on or in connection with imported and exported goods, and
- Issuance of import and export licences.
Article III
The provisions of Article 2 shall not, however, apply to the grant or continuance of any;
- Advantages accorded by either Contracting Parties to contiguous countries with the purposes of facilitating frontier trade;
- Advantages resulting from customs unions or other agreements on customs free trade;
- Advantages accorded by virtue of multilateral economic agreement relating to the international commerce.
Article IV
The Contracting parties through the competent authorities of both countries shall issue the necessary licences for export and import of commodities mentioned in Schedule 'A' and 'B' annexed to this Agreement which are indicative and not exhaustive, in conformity with the laws, rules and regulations in force in their respective countries.
Article V
The trade between their two countries may be conducted through their Foreign Trade Organizations as well as other importers and exporters of their two countries.
Article VI
All payments between the Contracting Parties shall be made in any freely convertible currency subject to the laws, rules and regulations portaining to the foreign trade and foreign exchange prevalent in either country.
Article VII
Any difference or dispute arising out of the transactions under this Agreement shall be settled by mutual consultation of the Contracting Parties.
Article VIII
The prices of goods supplied under this Agreement shall be fixed by mutual agreement between the exporters and importers of the two countries.
Article IX
- The Contracting Parties shall facilitate each other's participation in trade fairs to be held in either country, and in arranging exhibitions of either country in the territory of the other, on terms to be agreed between their competent authorities.
- The exemptions from customs duties and other similar charges of articles and intended for fairs and exhibitions, as well as their sale and disposition, shall be subject to the laws, rules and regulations of the country to where such fairs and exhibitions are held.
Article X
Nothing in this Agreement shall be construed to prevent the adoption and enforcement either Contracting Party of measures necessary to protect public morals, human, animal or plants life or health or industrial, literary or artistic property and the security of its own territory or in pursuance of general International Convention whether already in existence or concluded hereinafter to which it is a party.
Article XI
- The Contracting Parties shall consult each other at the request of either of them on all matters of mutual interest, as well as on the necessary measures aiming at the expansion of mutual co-operation and trade relations concerning the implementation of present Agreement.
- The meeting called at the request of either of either Party shall be held at a time and place mutually agreed upon but not later than ninety (90) days after the date of receipt of the request from other.
Article XII
Any amendment or modifications in the terms and conditions of this Agreement shall be made by the Contracting Parties in writing by their mutual agreement.
Article XIII
The provisions of this Agreement shall apply even after the expiry of its validity, to contracts concluded during the period of the validity of this Agreement but not fulfilled before its expiry.
Article XIV
This Agreement shall come into force from the date of the exchange of Diplomatic Notes confirming the approval or ratification of this Agreement by the Contracting Parties.
It shall remain valid for a period of three years and shall be renewed automatically by periods of one year each unless either Contracting Party gives three months notice in writing before the expiry of its validity of its intention to terminate this Agreement.
Done in Kathmandu on the 12th December 1982, in two original texts in the English language, one for each Contracting Party both being equally authentic.
S/D
For His Majesty's Government of
Nepal
|
S/D
For the Government of the
Czechoslovak Socialist Republic
|
Top
Schedule "A"
GOODS AVAILABLE FOR EXPORT FROM THE KINGDOME OF NEPAL TO THE CZECHOSLOVAK SOCIALIST REPUBLIC
- Minerals
- Marbles
- Lime
- Talc
- Slate
- Chalks and Chalks Powder
- Jute Products
- Jute Products
- Twine
- Hessian
- Sacking
- Manufactured Products
- Synthetic Fabrics
- Carpets
- Gorkha Knives (Khukuri)
- Stainless Steel Utensils
- Leather and Leather Products
- Tanned skin and hides
- Other Leather Products
- Purses
- Bags
- Other Raw Materials
- Hides and Skins
- Oil Seeds
- Timber
- Raw Jute
- Wool
- Britles
- Medicinal Herbs
- Sole Leather
- Handicrafts and Artistic Goods
- Sugar and Sugar Preparations
- Sugar
- Tobacco Products
- Cigarettes
- Forestry Products
- Plywood
- Cardboard and other board
- Chip-board and Particle board
- Wooden Parquet
- Bamboo Products
- Wooden Furniture
- Grass and Straw Products
- Straw board
- Other grass and straw products
- Cereal and Flour Preparations
- Cornflakes
- Malt
- Noodles and spaghetti
- Biscuits and other bakery product
- Oil and Oil Extracts
- Canned Vegetables
- Starch and Glucose
- Chutney and pickles (canned and bottled)
- Canned Soup
- Fruit Products
- Bottled or Canned Fruits
- Jam, Marmalade and fruits jellies
- Fruit, juices, syrups and squashes
- Dairy Products
- Ghee Canned
- Butter (Package)
- Cheese
- Meat Preparations
- Tinned and Packed meat
- Textiles
- Beverages and Spirits
- Miscellaneous
- Readymade Garments
- Yak Hair and Tails
- Cardamom (Big)
- Dry Ginger
Schedule B
GOODS AVAILABLE FOR EXPORT FROM THE CZECHOSLOVAK SOCIALIST REPUBLIC TO THE KINGDOM OF NEPAL
- COMPLETE PLANTS AND EQUIPMENT FOR INDUSTRY
- Coal and ore industry, foundry, rolling mills, equipment for chemical industry, cane sugar mills, distilleries, cooling plants, cement works, ceramic works, equipment for manufacture of diesel engines, machine tools, tractors, motorcycles, bicycles, equipment for light and heavy engineering industries, etc.
- Power plants
- Woodworking machinery
- Mining equipment and oil-well equipment
- Brick factories
- Crushing and sorting sets
- Flour mill equipment
- Dairy equipment, bottling equipment and other food stuff machinery.
- MACHINERY AND ENGINEERING PRODUCTS
- Diesel engines, diesel-electric generating sets and spare parts
- Electric motors, generators and dynamos
- Charging sets
- Electric resistance furnaces
- Arc welding machines and resistance welding machines
- Transformers
- H.T. oil and pneumatic circuit breakers
- Switchgears
- Lightning arrestors
- Excavators
- Motor graders
- Motor and concrete mixers, vibrators
- Road rollers
- Road transport, building and road-making machines
- Freight and passenger ropeways
- Cranes, conveyors and transporters
- Lifting battery trucks
- Pulley blocks
- Mechanical shovel
- All kinds of pumps, pumping and filtration station
- H.P. valves
- Compressors and blowers
- Electric and diesel-electric locomotives
- Machine tools, accessories, spare parts and components
- Power hammers and mechanical presses
- Die-casting machines
- Pneumatic tools and equipment
- Precision instruments, gauges
- Electric measuring devices
- Laboratory testing equipment
- Single and three-phase electricity meters and components
- Electric and mechanical and electronic measuring instruments and components
- Components of water meters
- Complete installations for measurement and control in thermal engineering
- Broadcasting studio equipment
- Radio components and valves
- Bulbs for industrial purposes and fluorescent tubes
- Cigarette making machines
- Tobacco cutting, weighing and packing machines
- Timepiece components and spare parts
- Automatic telephone exchanges
- Broadcast and TV studios
- X-ray equipment
- Dental and surgical equipment
- Designs and equipment for complete hospitals
- Statistical and calculating machines
- Typewriters and components
- Printing and polygraphic machinery
- Photo and cine equipment and components
- Ball and roller bearings
- Textile machinery and components
- Shoe-making and leather finishing machinery, including rubber shoe machinery
- Spare parts for passenger cars and trucks
- Dumpers and mobile cranes
- Garage service equipment and tools
- Industrial chains
- Electrical accessories for motor vehicles
- Components for fuel injection equipment
- Agricultural tractors, spare parts and components
- Tractors trailers and implements
- Aircrafts
- Airport lighting equipment
- Utility and special cars
- Trucks, buses and trolley buses
- Motorcycles, scooters, spare parts & Components
- STEEL AND STEEL PRODUCTS
- Steel structures of every description
- Steel pilings
- Iron and steel products including plates, wires, sheets, etc.
- Tool, alloy and special steel
- Steel forgings, castings and finished products
- Seamless steel tubes for oil industry
- OTHER MANUFACTURED GOODS
- Rubber convey or belting with textile insert or igelite belting
- Rubber textile hoses of all types
- Reclaimed rubber
- Driving belts made of leather, igelite or rubber and canvas
- Laundry equipments
- Electrical and gas water heaters
- Fire extinguishers and fire-alarm equipment
- Portable electric hand tools
- Steel gas cylinders
- Asbestos cement pressure pipes
- Insulating materials(glass and glasswool)
- Insulators for high and low tension
- Laboratory, porcelain
- Abrasives
- Ceramic cutting tools for metal working Refractories
- Technical and laboratory glass
- Pressed glass and jablonec crystal of all kinds
- Industrial felts and technical cloth
- Vaccum cleaners
- CHEMICALS, PHARMACEUTICALS AND ALLIED PRODUCTS
- Drugs, pharmaceutical chemicals and products
- Sera and vaccines
- Dye intermediates
- Organic chemicals
- Nitrocellulose
- Pesticides
- Inorganic chemicals including sodium formaldehyde
- Ultramarine blue
- Laboratory chemicals
- Industrial explosives
- Kaolin and ball-clay
- Dyestuffs
- Pyrotechnical materials
- MISCELLANEOUS
- Books, periodicals and stamps
- Photographic paper and photo chemicals
- Hops and malt
- Heel pins and shoe tacks
- Slide fasteners
- Rubber goods
- Drawing instruments
- Films cinematographic, exposed
- Paper of all kinds including newsprint
- Nuclennic and radiometric instruments
- Radioisotopes
- Sports and hunting firearms and ammunition
- Tyres and tubes
- Glazed wall tiles
- Sanitary ceramics
- China and earthenware
- Plate glass
- Chandeliers and illuminating glass of all kinds
- Plushes
- Silk and rayon fabrics
- Semi-finished Gurkha hats
- Stationery and office equipment
- Jewellery including imitation pearls and imitation stones
- Musical instruments
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