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AGREEMENT BETWEEN THE STATE COMMITTEE ON PROPERTY OF THE REPUBLIC OF BELARUS AND STATE COMMITTEE OF PROPERTY QUESTIONS OF THE AZERBAIJAN REPUBLIC

of November 28, 2016

About cooperation

The state committee on property of the Republic of Belarus and the State committee of property questions of the Azerbaijan Republic which are hereinafter referred to as with the Parties

aiming at establishment of mutually advantageous bonds within the competence determined by legislations of the states of the Parties

intending to promote creation of the conditions favoring to mutual participation of legal entities and physical persons of two countries in privatization of state-owned property on the basis of broad exchange of information in the field of management of state-owned property and to privatization, and also mutual enhancement of the regulatory legal base in the field of land relations, industry geodetic activities, state registration of real estate, the rights to it and transactions with it, real estate appraisal, maintaining the corresponding inventories, registers and registers

agreed as follows:

Article 1

The cooperation in the field of management of state-owned property and privatization, land relations, industry geodetic activities, state registration of real estate, the rights to it and transactions with it, real estate appraisal, maintaining the corresponding inventories, registers and registers will be performed according to the national legal system of the states of the Parties in the following directions:

exchange of information about the developed and become effective regulatory legal acts of the states of the Parties concerning management of state-owned property and privatization, land relations, industry geodetic activities, state registration of real estate, the rights to it and transactions with it, real estate appraisal, maintaining the corresponding inventories, registers and registers, and also other information;

the publication in mass media of the data which are of mutual interest concerning management of state-owned property and privatization, land relations, industry geodetic activities, state registration of real estate, the rights to it and transactions with it, real estate appraisal, maintaining the corresponding inventories, registers and registers;

other directions of cooperation which will be acknowledged the Parties reasonable.

Article 2

For the purpose of implementation of this agreement of the Party will communicate on the questions specified in Article 1 of this agreement will hold events for mutual attracting investors in process of privatization in the states of both Parties. Experience exchange on the organization of such actions and development of the normative legal documentation can be performed by holding of conferences, seminars, working meetings, implementation of joint projects in the field of training of specialists, adjustment of direct connections between specialists of the Parties.

Article 3

The parties appoint authorized representatives for the purpose of preparation and approval of relevant proposals, accomplishment of necessary actions for implementation of cooperation and inform each other on contact details of these persons.

Agents of the parties within the powers render assistance each other, based on this agreement and the national legal system of the states. If necessary authorized representatives of the Parties meet for discussion of the questions connected with accomplishment of this agreement.

Article 4

The parties not transfer to the third parties information, documentation and other data having confidential nature.

Article 5

Disagreements which can arise in case of interpretation and implementation of this agreement will be permitted by the Parties by negotiation and consultations.

Article 6

This agreement does not affect the rights and obligations following from other international treaties which participants are the states of the Parties.

Article 7

According to the mutual arrangement of the Parties changes and additions which are its integral part and drawn up in the form of the separate protocols which are becoming effective according to the procedure, provided in Article 8 of this agreement can be made to this agreement.

Article 8

This agreement becomes effective from the date of receipt through diplomatic channels of the last written notice of accomplishment of the interstate procedures by the Parties necessary for its entry into force.

This agreement is signed for a period of five years and will be prolonged automatically for the subsequent five-year periods if any of the Parties through diplomatic channels does not notify in writing other Party not later than six months before expiration of this agreement on the intention to stop its action.

Article 9

From the effective date this agreement is terminated the Agreement between Committee on land resources, geodesy and cartography under Council of Ministers of the Republic of Belarus and the State Committee of the Azerbaijan Republic on the ground and cartography about cooperation in the field of geodesy, cartography, land management and land cadastre of March 31, 2004 and the Agreement between the State committee on property of the Republic of Belarus and the State management committee state-owned property of the Azerbaijan Republic about cooperation in the field of management of state-owned property and privatization of May 2, 2007.

It is made in Baku on November 28, 2016 in two authentic copies in the Belarusian, Azerbaijani and Russian languages, and all texts have identical legal force. In case of disagreements in case of interpretation of provisions of this agreement the text in Russian will be used.

For the State committee on property of the Republic of Belarus
Signature

For the State committee of property questions of the Azerbaijan Republic
Signature

 

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