Common Wealth of Independent States

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AMITY INTERNATIONAL BUSINESS SCHOOL

GROWTH PROSPECTS OF THRUST AREAS OF INDIAN EXPORT

Common Wealth of Independent States

Submitted to – Prof. Alka Maurya

By: Abhishek Narang (A1808712007) Rehan Ajani (A1808712001) MBA-3C, Section A

Table of Contents
Introduction:5
Economic Outlook:8
Trade pacts/agreements:15
a) International Transit Agreement15
b) Government of India supported lines of credit15
c)    Inter-Banking Relations17
d)    Double Taxation Avoidance Agreement (DTAA)17
e)    Bilateral Investment Protection Agreement (BIPA)18
f)    Some More Steps18
International trade:19
CIS countries International Trade:19
India’s International Trade:20
20
India’s trading partners:20
21
21
India’s traded commodities:21
INDIA’S TRADE WITH CIS23
India's major export commodities to the CIS region23
India’s major import commodities from the CIS region24
Major Trading Partners in the CIS Region24
Trade Promotion Measures26
i) Enhanced Interaction:26
ii) Institutional Mechanisms:26
India Trade Promotion Organisation (ITPO)28
National Centre for Trade Information (NCTI)28
Exim Bank Initiatives29
Market Development Assistance (MDA) Scheme31
Market Access Initiative (MAI) Scheme32
ECGC Cover33
FOCUS MARKETS SCHEMES (FMS)35
Role of EPCs/Apex Chambers/Missions37
i) Export Promotion Councils (EPCs)37
ii) Apex Chambers of Commerce/Industry37
iii) Role of Indian Missions in the CIS region38
Press Release:39
India-CIS countries trade may touch $ 30 billion by 202039
INTERNATIONAL ORGANISATIONAL MEMBERSHIPS44
Free trade area (CISFTA)44
Eurasian Economic Community45
Organization of Central Asian Cooperation45
Common Economic Space45
Collective Security Treaty Organisation46
Bibliography48

ACKNOWLEDGEMENT

We are thankful to all those who have helped us in succeeding through this endeavour. We are equally thankful to our GPTAIE Professor Ms Alka Maurya Maam for her guidance and moral support during the different matters regarding to the preparation of report. She has been very kind and patient while briefing us about the outlines of this project and hearing our doubts. We thank her for her overall support.

Last but not the least, we would like to thank our colleagues and friends who have helped us in gathering information, collecting data and guiding us from time to time in making this report, a success. Their ideas have made this report unique in its own way.

Introduction:
The Commonwealth of Independent States is a regional organization whose participating countries are former Soviet Republics, formed during the breakup of the Soviet Union. The CIS is a loose association of states and in no way comparable to a federation, confederation or supranational union such as the European Union. It is more comparable to the Commonwealth of Nations. Although the CIS has few supranational powers, it is aimed at being more than a purely symbolic organization, nominally possessing coordinating powers in the realm of trade, finance, lawmaking, and security. It has also promoted cooperation on cross-border crime prevention. Some of the members of the CIS have established the Eurasian Economic Community with the aim of creating a full-fledged common market.

FLAG
EMBLEM

Membership| *  Armenia *  Azerbaijan *  Belarus *  Georgia *  Kazakhstan *  Kyrgyzstan *  Moldova *  Russia *  Tajikistan *  Turkmenistan *  Ukraine *  Uzbekistan| After disintegration of former Union of Soviet Socialist Republics (USSR), 15 countries came into existence. Commonwealth of...
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