(a) whether there is a vast scope to promote the country`s trade with Commonwealth of Independent States (CIS); and
(b) if so, the initiative taken by the Government with the CIS in this regard?
(a) whether there is a vast scope to promote the country`s trade with Commonwealth of Independent States (CIS); and
(b) if so, the initiative taken by the Government with the CIS in this regard?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY ( SHRI JAIRAM RAMESH)
(a): Yes Sir
(b): With a view to enhance India`s trade with countries of the Commonwealth of Independent States, a programme `Focus: CIS` was launched on 31st March 2003 at the time of announcement of EXIM Policy for the year 2003-2004. In the first phase, emphasis of the Programme was on seven countries, viz. Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan, Tajikistan, Azerbaijan & Ukraine. The scope of the Programme has been extended w.e.f. April 2004, to cover all the 12 CIS countries i.e. Russian Federation, Armenia, Georgia, Belarus & Moldova alongwith Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan, Tajikistan, Azerbaijan & Ukraine. Details of the programme are available on Department`s website, www.commerce.nic.in under the head `Trade Promotion Programme`.
Other steps taken by Government of India inter-alia include;
# Promotion of dialogue including discussions at the highest level;
# Constant review of bilateral trade at the Government Level through Joint Commission/Sub-Group meetings.
# Signing of a Memorandum of Understanding on 6th February 2006 for further enhancing Indo-Russian bilateral trade and economic relations.