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Agreement between the Government of the Republic of Tajikistan and Government of the Azerbaijan Republic on trade and economic cooperation

of March 15, 2007

The government of the Republic of Tajikistan and the Government of the Azerbaijan Republic which further are referred to as as "Contracting parties", wishing to develop and strengthen economic and trade relations and to encourage exchange of goods and services between two states, being guided by the principles of equality and support of mutual advantage

agreed about below following:

Article 1

Contracting parties, according to the legislation of the states, will take all actions for exchange of goods, services, and also trade information between two states.

Article 2

Contracting parties, according to the legislation of the states, will provide each other the mode and conditions of the most favored treatment for development and strengthening of trade relations between them.

This condition shall not be applied to:

a) to benefits or privileges which can be provided to one of Contracting Parties for assistance of border trade and to deliveries of goods to any third state;

b) to the benefits or privileges which appeared as a result of participation of Contracting Parties in creation of custom unions and/or free trade and the benefits or privileges relating to free trade areas;

c) to the benefits provided to any third state within the regional or multilateral agreement directed to economic integration.

Article 3

Contracting parties will encourage legal entities and physical persons of the countries to creation of trading companies and joint businesses according to the legislation of the states.

Article 4

Contracting parties will encourage commercial enterprises of the countries to participation in the international and special exhibitions which will be held in the territories of their states, and will take necessary measures in this direction.

Article 5

All payments within this agreement (except internal payments) shall be made in freely convertible currency, according to the legislation of the states of Contracting Parties.

Article 6

Contracting parties shall assist within this agreement, according to the legislation of the states, in the following:

1. To transportation of goods from the territory of the state of other Contracting Party and sent to the territory of the third state;

2. To transportation of the goods made in the territory of the third state and sent to the territory of the state of other Contracting Party.

Article 7

Contracting parties will exempt from customs fees and taxes the imported objects and the equipment for holding the exhibitions organized by them which shall be returned back according to the legislation of the states of Contracting Parties.

Article 8

Contracting parties for development of the relations between two countries will create the joint Intergovernmental commission on questions of trade and economic cooperation between the Republic of Tajikistan and the Azerbaijan Republic.

Functions of this Commission will consist in the following:

1. Negotiation under approval of regulations on activities of the Intergovernmental commission;

2. Acceptance of adequate measures for studying of opportunities of development and strengthening of trade and economic cooperation;

3. Preparation of the documents designed to develop and strengthen mutually beneficial trade and economic cooperation between two countries;

Meetings of the Intergovernmental commission on questions of trade and economic cooperation between the Republic of Tajikistan and the Azerbaijan Republic will be alternately held to Dushanbe and Baku at least once a year.

Article 9

By mutual consent of Contracting Parties changes and additions which are drawn up by the separate Protocols which are integral part of this agreement, and becoming effective according to Article 11 of this agreement can be made to this agreement.

Article 10

Disputes and disagreements in case of interpretation or application of provisions of this agreement, will be permitted by consultations and negotiations between Contracting Parties.

Article 11

This agreement is signed for a period of five years and becomes effective from the date of obtaining through diplomatic channels of the last written the notification on holding the interstate procedures by Contracting Parties necessary for its entry into force.

Operation of this Agreement will be prolonged automatically for the subsequent five-year periods if any of Contracting Parties in six months prior to the expiration of the corresponding five-year term does not declare the desire to stop its action.

In case of cancellation of this agreement, for the contracts signed during its action it remains in force for all term of their action.

It is made in the city of Dushanbe on March 15, 2007 in two authentic copies, everyone in the Tajik, Azerbaijani and Russian languages, and all texts have identical legal force.

In case of disagreements in case of interpretation the provision of this agreement, the Parties will be guided by the text in Russian.

 

For the Government

Republic of Tajikistan

For the Government

Azerbaijan Republic

 

 

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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