of October 8, 2014
About trade and economic cooperation in the field of deliveries of the Belarusian agricultural, automotive, road-building, utility and passenger machinery
The Republic of Belarus and Turkmenistan which are hereinafter referred to as with the Parties
wishing to promote development of trade and economic cooperation between the Parties, being guided by the principles of mutual advantage, equality, and also according to rules of international law and the national legal systems,
recognizing importance of long-term measures for development of cooperation and strengthening of ties between the Parties at the different levels, including cooperation between subjects of managing of different patterns of ownership,
agreed as follows:
The purpose of this agreement is further development of trade and economic cooperation between the Parties.
For the purpose of implementation of this agreement the Turkmen Side creates the purchasing request of the agricultural, automotive, road-building, utility and passenger machinery of production of the Republic of Belarus with indication of quantity and the nomenclature, and also specific customers and sends it to the Belarusian Side not later than 3 (three) months before expected deliveries.
The Belarusian Side no later than in 1 (one) month after receipt of the request, directs to the Turkmen Side drafts contract to delivery of the declared equipment.
The trade and economic cooperation provided by this agreement shall be performed on the basis of the contracts signed between business entities of the Parties according to legislations of the states of the Parties.
The Turkmen Side shall allocate financing for providing the signed contracts.
The Belarusian Side shall organize deliveries of the equipment according to signed contracts in which the fixed prices which are not subject to change during the term of this agreement are established.
The Belarusian Side shall organize field service of the delivered equipment in the territory of Turkmenistan during all warranty period, and also delivery on contractual basis of spare parts to it within 10 (ten) years after cessation of production of this type of the equipment.
The Belarusian Side shall organize training of specialists of the Turkmen Side in work with the delivered equipment and in its servicing.
The parties within 1 (one) month after the signature of this agreement will exchange the list of the state bodies authorized on implementation of this agreement. Changes and additions can be made to this list what the Parties will notify beforehand each other through diplomatic channels on.
By mutual consent of the Parties changes and additions which will be integral parts of this agreement can be made to this agreement and to be drawn up in the form of separate protocols.
The disputes arising during the course of performance or interpretation of provisions of this agreement, will be solved by negotiations and consultations between the Parties.
This agreement becomes effective from signature date and will be effective till 2017 if any of the Parties does not declare in writing the intention to terminate this agreement in 6 (six) months prior to the offered date of the termination of its action.
It is made in the city of Minsk on October 8, 2014 in duplicate, everyone in the Russian and Turkmen languages which are equally authoritative. For the purposes of interpretation of provisions of this agreement the text in Russian is used.
For the Republic of Belarus
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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