On the denunciation of the Agreement on the Establishment of a transnational financial and industrial group for the maintenance and repair of civil aviation equipment of the Member States of the Commonwealth of Independent States

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On the denunciation of the Agreement on the Establishment of a transnational financial and industrial group for the maintenance and repair of civil aviation equipment of the Member States of the Commonwealth of Independent States

Law of the Republic of Kazakhstan dated March 30, 2001 No. 171

To denounce the Agreement on the Establishment of a transnational financial and industrial group for the maintenance and repair of civil aviation equipment of the Member States of the Commonwealth of Independent States, signed in Moscow on October 18, 1996 H960099.

President of the Republic of Kazakhstan

Agreement on the establishment of a transnational financial and industrial group for the maintenance and repair of civil aviation equipment of the Member States of the Commonwealth of Independent States

Officially certified text

Signed by: Republic of Azerbaijan, Republic of Armenia, Republic of Belarus, Georgia, Republic of Kazakhstan, Kyrgyz Republic, Republic of Moldova, Russian Federation, Republic of Tajikistan, Republic of Uzbekistan, Ukraine

notifications have been submitted:

The Republic of Belarus - deposited on June 3, 1997; the Republic of Tajikistan - deposited on March 2, 1998; Georgia - deposited on May 21, 1998 (on the need to carry out internal procedures); the Republic of Azerbaijan - deposited on May 16, 1998; the Republic of Moldova - deposited on March 29, 1999 (on the need to carry out internal procedures); The Kyrgyz Republic - deposited on April 13, 2000 (on the need to comply with domestic procedures); the Republic of Kazakhstan - deposited on April 28, 2001 (on denunciation; withdrawal from the Agreement occurred on October 29, 2001).

The Agreement entered into force on the date of signing.

entered into force for the States:

The Republic of Tajikistan - October 18, 1996 (from the date of signing); the Republic of Belarus - June 3, 1997; the Republic of Azerbaijan - May 16, 1998.

Note:

The depositary has not received notifications from the Republic of Armenia, the Russian Federation, the Republic of Uzbekistan, or Ukraine on the implementation of internal procedures or on the absence of the need for their implementation.

The States Parties to this Agreement, represented by Governments, hereinafter referred to as the Parties, recognizing the need for state support in ensuring the operation and repair of aviation equipment of the Parties as one of the most important factors for the stabilization, further development and maintenance of a high level of safety of air transport flights, reaffirming the need to protect civil aviation of the Parties in the domestic and foreign markets of air transport services on the basis of their coordinated interaction and cooperation, Implementing the main provisions of the Memorandum on Principles of Interaction and Cooperation in the Field of Civil Aviation dated November 3, 1995, and the Agreement on the Modernization of Civil Aviation of the Member States of the Commonwealth of Independent States dated November 3, 1995, we agreed as follows:

Article 1 The Parties shall promote the establishment of a transnational financial and industrial group for the maintenance and repair of civil aviation equipment of the member States of the Commonwealth of Independent States (hereinafter - the "Aeroflot" Group).

Article 2 The main goal of the Aeroflot Group is to restore cooperation between aircraft manufacturers, aircraft repair plants and airlines of the member States of the Commonwealth of Independent States, increase their competitiveness in the global aviation services and transportation market, as well as ensure a high level of flight safety.

Article 3 Participation in the implementation of this Agreement is carried out by the Parties in accordance with their national legislation. The structure of the "Aeroflot" group may include business entities of the Parties of various forms of ownership.

Article 4 After its establishment and registration, the Aerofin Group remains open to other business entities of the member States of the Commonwealth of Independent States and other States sharing the goals of its activities, in accordance with their national legislation.

Article 5 If necessary, the Parties may provide the participants of the "Aeroflot" Group with appropriate state guarantees, customs, tax and other benefits provided for by their national legislation.

Article 6 The Parties, within the framework of their national legislation, grant the participants of the Aeroflot Group the right to independently determine the depreciation period of equipment and the accumulation of depreciation charges, provided that the funds received are used exclusively for the implementation of their own investment projects.

Article 7 The Parties may, within the framework of state support for the activities of the Aeroflot Group: transfer to the trust management of the central company of the "Aerofin" group the shares of its participants temporarily assigned to the state; offset the debts of the participant of the "Aerofin" group, whose shares are sold at investment tenders (auctions) to the extent stipulated by the terms of such tenders (auctions), if the buyer is the central company of the "Aerofin" group.

Article 8 The Parties are taking measures to adopt the necessary national legislative acts to facilitate the functioning of the Aeroflot Group in their territories.

Article 9 Registration and registration of the multinational financial and industrial group "Aerofin" is carried out in the Russian Federation.

Article 10 The Agreement does not affect the rights and obligations of the Parties with respect to States not participating in this Agreement. Article 11 Control over the implementation of this Agreement, as well as the resolution of disputes over its implementation, is entrusted to the Supervisory Board, which includes representatives of the Interstate Aviation Committee, the Interstate Economic Committee of the Economic Union and the aviation administrations of the Signatories to the Agreement. The Supervisory Board performs its functions in accordance with the Regulations approved by the Interstate Aviation Committee.

Article 12 Amendments and additions may be made to this Agreement by mutual agreement.

Article 13 This Agreement is concluded for an indefinite period.

Article 14 This Agreement shall enter into force from the date of its signature. For Parties whose legislation requires the implementation of internal procedures necessary for its entry into force - from the date of delivery of the relevant documents to the depositary.

Article 15 This Agreement is open for accession by other States that share its goals and principles, with the consent of all Parties, by submitting documents on such accession to the depositary. The accession is considered to have entered into force from the date of receipt by the depositary of the last notification of consent to such accession.

Article 16 Any Party may withdraw from this Agreement by notifying the depositary in writing. The denunciation takes effect six months after the date of receipt of the notification by the depositary.

Done in Moscow on October 18, 1996, in one original copy in the Russian language. The original copy is kept at the Executive Secretariat of the Commonwealth of Independent States, which will send a certified copy to each signatory State of this Agreement.

For the Government For the Government Azerbaijan Republic of the Republic of Moldova

For the Government For the Government Republic of Armenia Of the Russian Federation For the Government For the Government Republic of Belarus Republic of Tajikistan

For the Government For the Government Georgia of Turkmenistan

For the Government For the Government Republic of Kazakhstan Republic of Uzbekistan

For the Government For the Government Of the Kyrgyz Republic Of Ukraine

Commonwealth of Independent States Executive Secretariat

December 20, 1997 No. 04/1372

The Executive Secretariat of the Commonwealth of Independent States presents its compliments to the Ministries of Foreign Affairs of the Member States of the Commonwealth of Independent States and, acting as the depositary of documents adopted within the framework of the Commonwealth of Independent States, has the honor to inform the following. On December 17, 1997, the Depositary received the texts of the comments of the Republic of Kazakhstan on the documents adopted at the meetings of the Council of Heads of Government on October 18, 1996 and March 27, 1997, which were not submitted at the time of signing, as follows:

Agreement on the establishment of a financial and industrial group for the maintenance and repair of civil aviation equipment of the Member States of the Commonwealth of Independent States (October 18, 1996, Moscow):

To announce an open tender for the right of trust management of state-owned shares of JSC ATC 405 and JSC Plant 406 HA, in which FPG Aerofin is also eligible to participate.

Reservation of Ukraine to the Agreement on the Establishment of a transnational financial and industrial group for the maintenance and repair of civil aviation equipment of the Member States of the Commonwealth of Independent States

Articles 5, 6, and 7 of the Agreement are implemented taking into account the national legislation of Ukraine.

The Prime Minister Of Ukraine

I hereby certify that the attached text is an authentic copy of the Agreement on the Establishment of a transnational financial and industrial group for the Maintenance and Repair of civil aviation equipment of the Member States of the Commonwealth of Independent States, adopted at the meeting of the Council of Heads of Government of the Commonwealth of Independent States, which took place on October 18, 1996 in Moscow. The original copy of the above-mentioned Agreement is kept at the Executive Secretariat of the Commonwealth of Independent States.

Deputy Executive Secretary of the Commonwealth Independent States

President

Republic of Kazakhstan

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