On approval of the Agreement on further Development and Expansion of Economic Cooperation between the Republic of Kazakhstan and Ukraine
Decree of the President of the Republic of Kazakhstan dated February 28, 1997 No. 3373
I decree:
To approve the Agreement on the further development and expansion of economic cooperation between the Republic of Kazakhstan and Ukraine, signed in Almaty on September 21, 1995.
President of the Republic of Kazakhstan
(Unofficial text)
Agreements on the further development and expansion of economic cooperation between the Republic of Kazakhstan and Ukraine
(Almaty, September 21, 1995)
The Republic of Kazakhstan and Ukraine, hereinafter referred to as the Parties,
Guided by the Treaty of Friendship and Cooperation between the Republic of Kazakhstan and Ukraine dated January 20, 1994,
Considering it important to carry out economic reforms, structural restructuring of the economy, and the creation of favorable conditions for the development of market relations between the economic entities of both countries;
Striving to develop on a qualitatively new basis the traditional economic, scientific, technical, and industrial-technical ties between economic entities in the interests of both States and improving the well-being of their peoples;
Realizing the need to join forces for the further development of equal and mutually beneficial trade and economic cooperation, we have agreed on the following:
Article 1
Economic cooperation between the Parties is based on relations of strategic partnership, equality, mutual benefit and is carried out through direct interactions between business entities, regardless of their forms of ownership, taking into account generally recognized international norms and rules.
Each of the Parties will refrain from actions capable of harming the interests of the other Party, creating favorable conditions for the development of cooperation on a long-term basis for business entities.
Article 2
In the field of trade and economic cooperation, the Parties will take practical steps to stimulate an increase in mutual trade turnover, further liberalize trade relations, and create equal legal and economic conditions for business entities.
The Parties instruct the Governments of both States to implement measures to gradually reduce and lift tariff and non-tariff restrictions in mutual trade.
Article 3
The Parties consider the implementation of economic integration in the following sectors to be a priority:
fuel and energy complex;
mining and metallurgical complex;
chemical complex;
machine-building complex;
agro-industrial complex;
transport and communication.
The Parties instruct the Governments of both states to establish a permanent intergovernmental commission on economic cooperation between the Republic of Kazakhstan and Ukraine to develop the basic principles and directions of economic integration and monitor the implementation of the Program of Economic Integration of the Republic of Kazakhstan and Ukraine in heavy industries in 1994-2000.
Article 4
In the field of industrial cooperation, the Parties will assist in the development of optimal production and technological ties between enterprises of both countries, their rational specialization and cooperation, joint production and business associations, and increase the competitiveness of their products on domestic and global markets.
Article 5
In the field of credit and financial cooperation, the Parties will take measures to develop intergovernmental credit lines, as well as to attract commercial, national and international banks, investment, financial and insurance companies to finance mutually beneficial projects, effectively use production facilities and labor resources, and increase the export potential of both countries.
The Parties instruct the Governments and National Banks of both countries to assist in the establishment of joint ventures, commercial banks and the development of other progressive forms of using national capital in the production, investment and commercial spheres.
Article 6
The parties will expand cooperation in the field of transport and communications, and ensure non-discriminatory conditions for the transportation of passengers and cargo on the basis of reciprocity.
The Parties instruct the Governments of both States to prepare and sign an agreement on the basic principles and directions of cooperation in the field of transport and communications.
Article 7
In the field of scientific and technical cooperation, the Parties will promote the creation of joint research organizations in the interests of developing and implementing coordinated fundamental and applied research projects and programs.
Article 8
The parties will take joint measures to ensure economic and humanitarian cooperation and instruct governments to conclude intergovernmental agreements on financial support for cultural centers, cooperation in the field of healthcare, public education and training.
Article 9
In the field of military-technical cooperation, the Parties will implement additional measures to develop integration ties between defense enterprises.
The parties express their firm intention to resolve issues of military-technical cooperation on a mutually beneficial basis.
Article 10
The Parties undertake not to discriminate against citizens of both States on the basis of nationality or any other ground in matters of job opportunities, wages and social guarantees.
Article 11
The Parties will ensure the implementation of coordinated actions in solving common environmental problems, will provide mutual assistance in the event of natural and man-made emergencies, and undertake to jointly solve a range of problems related to the elimination of the consequences of environmental disasters.
Article 12
In case of disputes concerning the interpretation or application of the provisions of this Agreement, the Parties will resolve them through negotiations and consultations.
Article 13
This Agreement shall enter into force upon receipt of the last notification that the Parties have completed the internal procedures necessary for its entry into force and will remain in force until one of the Parties notifies the other Party in writing 6 months in advance of its intention to terminate it.
Done in Almaty on September 21, 1995, in two original copies, each in the Kazakh, Ukrainian and Russian languages, all texts being equally authentic.
For the purposes of interpreting the provisions of this Agreement, the Russian text shall prevail.
FOR THE REPUBLIC OF KAZAKHSTAN FOR UKRAINE
President
Republic of Kazakhstan
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