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CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th Floor, 7 Cooperage Road, Mumbai - 400 001.India.
Tel : +91 22 22021288 / * Fax : +91 22 22026684
* E-mail : info@chemexcil.gov.in Web : https://chemexcil.gov.in
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EPC/LIC/FTA-EAEU
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20th Feb 2018
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ALL MEMBERS OF THE COUNCIL
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India-EAEU Trade Agreement on Goods
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Dear Members,
As you are aware, Department of commerce is working on the proposed FTA with EAEU region comprising of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.
In this regard, we have received communication from Department of Chemicals & Petrochemicals that the Department of Commerce is in the process of finalization of broad framework on rules of origin for the proposed India-Eurasian Economic Union (EAEU) trade agreement.
In this context, some trade issues in goods would be discussed on the proposed engagement with the EAEU . These issues are as follows:
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Direct purchase rule (which mandates that only a resident company registered in the exporting party can export under the FTA).
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A horizontal rule of origin (which in EAEUs preference should be a CTC or value addition criteria).
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Products of India's export interest to the EAEU.
Members are kindly requested to revert with the requested inputs, if any, by 26/02/2018 on our e-mail ids- deepak.gupta@chemexcil.gov.in & info@chemexcil.gov.in .
Your timely replies will be appreciated.
Thanking You,
Yours faithfully,
S.G. BHARADI
EXECUTIVE DIRECTOR
CHEMEXCIL
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