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of January 17, 1997

About support and development of small business in the State Parties of the CIS

The governments of the State Parties of this agreement which are hereinafter referred to as with the Parties

being guided by the Agreement on creation of Economic union of September 24, 1993,

recognizing importance of economic cooperation, stimulation of development of the market relations, forming and market saturations as goods and services,

realizing social and economic role of small business in decrease in social tension, creation of new workplaces, forming of market infrastructure,

understanding need of protection of social and economic interests of representatives of small business,

agreed as follows:

Article 1

As small business entities for the purpose of this agreement of the Party recognize the legal entities and physical persons which received this status according to the legislation of the state performing their registration.

Article 2

The parties, having complete independence in questions of realization of state policy in development and support of small business, perform interaction on its support and cooperate in the following directions:

assistance to establishment and development of business contacts between small business entities of the State Parties of the Commonwealth;

forming of conditions for activation of foreign economic activity of small business entities;

assistance in creation interstate and national infrastructures for support of small business;

assistance to financial and credit and investment support of small business;

assistance to development of innovative activities of small business entities;

rapprochement of the regulatory framework of the Parties regulating activities of small business;

creation compatible national and single interstate systems of information and consulting support of small business;

forming of positive public opinion about small business;

training for small business.

Article 3

For the purpose of ensuring necessary activities in the field of support and development of small business of the Party create the Advisory board on support and development of small business in the State Parties of the CIS (further - Council).

Tasks and functions of Council, its structure and the status are determined by the Provision which is integral part of this agreement.

Article 4

Provisions of this agreement do not mention obligations assumed by the Parties according to other international treaties.

Article 5

This agreement is temporarily applied from the date of signing and becomes effective from the date of transfer on storage to depositary of the third notification on accomplishment by the Parties of all necessary interstate procedures which signed it.

For the Parties which performed necessary procedures later it becomes effective in day of transfer of the relevant documents to depositary.

Article 6

Changes and additions by common consent of the Parties can be made to this agreement.

Article 7

The matters of argument connected using or interpretation of this agreement, are permitted by consultations and negotiations of concerned parties.

Article 8

This agreement is effective within 5 years from the date of its entry into force. After this term the Agreement is automatically prolonged every time for the 5-year period if the Parties do not make other decision.

Article 9

Each Party can leave this agreement, having sent the written notice of it to depositary not later than 6 months to exit, having settled the financial and other liabilities which arose during operation of the Agreement.

Article 10

This agreement is open for accession to it of other states sharing its purposes and the principles by transfer to depositary of documents on such accession.

It is made in the city of Moscow on January 17, 1997 in one authentic copy in Russian. The authentic copy is stored in the Executive Secretariat of the Commonwealth of Independent States which will send to each state which signed this agreement, its verified copy.


For the Government of the Azerbaijan Republic

(taking into account special opinion)

For the Government of the Republic of Armenia

(taking into account special opinion)

For the Government of the Republic of Belarus

For the Government of Georgia

(with уч. замеч.)

For the Government of the Republic of Kazakhstan

For the Government of the Kyrgyz Republic

For the Government of the Republic of Moldova

For the Government of the Russian Federation

For the Government of the Republic of Tajikistan 

For the Government of Turkmenistan

For the Government of Ukraine

(with clauses)


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