International Trade Council (Taken From http://www.indianyellowpages.com/support/associationinstitutes/international-trade-council.

htm ) With a motive of providing a forum for all those interested in international trade, International Trade Council has been rendering a helping hand by providing programming, educational and networking opportunities. It is also motivated towards establishing better communication links and business contacts across the globe. Browse through this section to get vital information about the major International Trade councils in various parts of the globe.

AFTA (ASEAN Free Trade Area) Arab Cooperation Council (ACC) Asia Pacific Economic Cooperation (APEC) Association of Southeast Asian Nations (ASEAN) Belgium-Luxembourg Economic Union (BLEU) Benelux Economic Union Business Council for International Understanding CARICOM (Caribbean Community and Common Market) Caribbean Free Trade Association Central African Customs and Economic Union (UDEAC - Union Douaniere et Economique de l'Afrique Centrale) Central American Common Market (CACM) Central European Free Trade Association (CEFTA) Cooperation Council for the Arab States of the Gulf Council of the Entente (Conseil de l'Entente) Council of Economic Arab Unity (CEAU) Customs Cooperation Council (CCC) Customs Cooperation Council Nomenclature (CCCN) Economic Community of Central African States (Communaute Economique des Etats de l'Afrique Centrale, CEEAC) Economic Community of the Great Lake Countries Economic Community of West African States (ECOWAS) Economic Policy Council (EPC) Economic and Social Commission for Asia and the Pacific (ESCAP) European Free Trade Association (EFTA) Foreign Credit Insurance Association (FCIA) Gulf Cooperation Council (GCC)

International Chamber of Commerce International Monetary Fund (IMF) ISTA International Standards Organization (ISO) Japan External Trade Organization (JETRO) Korea Foreign Trade Association (KFTA) Korea Trade Promotion Corporation (KOTRA) Latin American Association of Development Financing Institutions Latin America Free Trade Association (LAFTA) Latin American Integration Association (LAIA) Multilateral Investment Guarantee Agency (MIGA) Pacific Basin Economic Council (PBEC) Pacific Economic Cooperation Council (PECC) PEFCO South Asian Association for Regional Cooperation (SAARC) Southern African Customs Union (SACU) Southern African Development Community (SADCA) Southern African Development Coordination Conference (SADCC) West African Economic Community (CEAO) World Trade Organization (WTO)

DETAILS OF EXPORT PROMOTION SCHEMES (Taken From http://commerce.nic.in/pressrelease/pressrelease_detail.asp?id=1413) Date : 26 Jul 2005 Location : New Delhi Details of schemes in operation are: I. Duty Exemption and Remission Schemes

1. Advance Licence Scheme to allow duty free import of inputs, which are physically incorporated in the export product (making normal allowance for wastage) with a specific export obligation in terms of value and quantity. 2. Export Promotion Capital Goods (EPCG) Scheme to allow import of capital goods for preproduction, production and post-production (including CKD/SKD thereof as well as computer software systems) at 5% customs duty subject to an export obligation equivalent to 8 times of duty saved on capital goods imported under the Scheme to be fulfilled over a period 8 years

3. 4.

5. 6.

reckoned from the date of issuance of licence. Relaxation in export obligation has been allowed for specific categories such as Units pertaining to agro, SSI, BIFR etc. Duty Free Replenishment Certificate (DFRC) is issued for import of inputs used in the manufacture of goods without payment of basic customs duty after completion of exports. Duty Entitlement Passbook (DEPB) Scheme to neutralise the incidence of customs duty on the import content of the export product and the exporter is entitled for a duty credit as a specified percentage of FOB value of exports, made in freely convertible currency. Schemes related to Gems & Jewellery sector such as Replenishment Licence, Advance Licence, Diamond Imprest Licence etc. Deemed Export Duty Drawback and Terminal Excise Duty Refund Scheme for those transactions in which the goods supplied to specific categories of beneficiary, do not leave the country and the payment for such supplies is received either in Indian Rupees or in Free Foreign Exchange. Special Economic Zone is a specifically delinked duty free enclave and are deemed to be foreign territory for the purposes of Trade Operations and duties and tariffs wherein these units can import/procure from the DTA all types of goods and services without payment of duty. Export Oriented Unit (EOU) Scheme, Electronics Hardware Technology Park (EHTP) Scheme, Software Technology Park Scheme or Bio-Technology Park Scheme to operate under duty-free regime for import/procurement of all types of goods including capital goods without payment of duty for manufacture of goods for export. Free Trade and Warehousing Zone (FTWZ) Scheme to create trade related infrastructure to facilitate the import and export of goods and services with freedom to carry out trade transaction in free currency. Served from India Scheme to allow duty free import of capital goods including spares, office equipment and professional equipment, office furniture and consumables related to the main line of business against exports of services. Target Plus Scheme for the status certificate holder to allow duty free credit based on incremental exports to import any inputs, capital goods including spares, office equipment, professional equipment and office furniture. Vishesh Krishi Upaj Yojana Scheme to allow duty free import of inputs or goods including capital goods (as notified) against export of certain agricultural and their value added products. Assistance to States for Infrastructure Development of Exports to encourage the state government to participate in promoting exports from their respective states for developing infrastructure etc. The Market Access Initiative (MAI) Scheme to provide financial assistance for a whole range of activities as a Medium Term Export Promotion efforts with a sharp focus on a country and product. The Marketing Development Assistance (MDA) Scheme to provide financial assistance for a range of export promotion activities such as participation in trade fairs and buyer seller needs abroad or in India, export promotion seminars etc Other schemes to promote activities such as Brand Promotion and Quality Improvement etc.

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All these schemes can be accessed from the website www.nic.in /eximpol (Source: Written reply in Lok Sabha by Shri EVKS Elangovan, Minister of State for Commerce & Industry on 26/7/05)

EXPORT PROMOTION SCHEMES - SERVED FROM INDIA SCHEME http://commerce.nic.in/pressrelease/pressrelease_detail.asp?id=2144 Date : 31 Oct 2007 Location : New Delhi Government of India has introduced "Served from India Scheme" to facilitate exporter of various type of services. The objective of this scheme is to accelerate growth in export of services so as to create a powerful and unique 'Served From India' brand, instantly recognized and respected world over. Under this scheme, Service Providers of more than 100 services like Professional Services, Computer Related services, Hotels, Restaurants, Educational Services, Research and Development services, Communication Services, Construction and Related Engineering Services, Distribution Service, Environmental related Services, Tourism and Transport related Services, Health Related Social Service, Recreational, Cultural and Sporting Services etc. (List is at Appendix 10 of Hand Book of Procedure on DGFT Website- http://www.dgft.gov.in under "Downloads") are entitled for Duty Credit Scrip. Service providers, who have a total foreign exchange earning of at least Rs.10 Lakhs in preceding or current financial year shall qualify for Duty Credit Scrip. For Individual Service Providers, the criterion is reduced to Rs.5 Lakhs of foreign exchange earnings. However under Para 3.18.1 of Handbook of Procedure~ Vol. I, many types of services and / or remittances are not eligible for benefits under the scheme. These are: 1. Sources of foreign exchange earnings such as equity or debt participation, donations, receipts of repayment of loans etc. and any other inflow of foreign exchange, unrelated to rendering of service, would be ineligible. 2. Foreign Exchange remittances: I. related to Financial Services Sector 1. Raising of all types of foreign currency Loans; 2. Export proceeds realization of clients; 3. Issuance of Foreign Equity through ADRs / GDRs or other similar instruments; 4. Issuance of foreign currency Bonds; 5. Sale of securities and other financial instruments; 6. Other receivables not connected with services rendered by financial institutions; and II. earned through contract / regular employment abroad (e.g. labour remittances);

3. Payments for services received from EEFC Account; 4. Foreign exchange turnover by Healthcare Institutions like equity participation, donations etc. (However, remittances received on account of medical treatment, surgery, testing, consultancy and health care provided by the institution shall be eligible); 5. Foreign exchange turnover by Educational Institutions like equity participation, donations etc. (However remittances received on account of the course fees and consultancy provided by the institution shall be eligible); 6. Export turnover relating to services of units operating under SEZ / EOU / EHTP / STPI / BTP Schemes or supplies of services made to such units; 7. Clubbing of turnover of services rendered by SEZ / EOU / EHTP / STPI / BTP units with turnover of DT A Service Providers; and 8. Export of Goods. Service Providers (except Hotels, Restaurants and other Service Providers in Tourism Sector) are entitled to Duty Credit Scrip of 10% of foreign exchange earned during preceding financial year. Hotels of onestar and above (including managed hotels) and heritage hotels approved by Department of Tourism and other Service providers in tourism sector registered with Department of Tourism shall be entitled to 5% while Stand-alone restaurants are entitled for 10% of foreign exchange earned by them in preceding financial year. "Duty Credit Scrip" may be used for import of any capital goods including spares, office equipment and professional equipment, office furniture and consumables, provided it is part of their main line of business. In the case of hotels and stand-alone restaurants, the duty credit entitlement may also be used for the import of food items and alcoholic beverages. The utilization is with AU Condition and Non-transferable except within a Group Company or Managed Hotel. This benefit of Duty Credit Scrip is granted from Regional Offices of DGFT, spread all over the country. Duty Credit Scrip of nearly Rs.1000 Cr is granted annually, based on previous years Foreign Exchange earned by Service Providers. Further, details of this Scheme may be seen in Chapter III of Foreign Trade Policy 2004-2007 and Chapter III of Hand Book of Procedure Vol. -I. These Documents are available at DGFT Websitehttp://www.dgft.gov.in Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry New Delhi, October 31, 2007