AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF TAJIKISTAN AND GOVERNMENT OF THE REPUBLIC OF UZBEKISTAN

of March 9, 2018

About encouragement and mutual protection of investments

The government of the Republic of Tajikistan, and the Government of the Republic of Uzbekistan which are hereinafter referred to as with the Parties

wishing to promote strengthening of cooperation between two states concerning encouragement of investments of citizens and the companies of the state of one Party in the territory of the state of other Party;

recognizing that the agreement encouraging and according to investments favorable treatment will stimulate private capital flow and economic development of the states of the Parties;

agreeing that the stable basis for investments will promote the most effective use of economic resources and increase in level of living;

recognizing importance of providing the effective mechanism are sewn up investments according to the national legal system of the states, and also by means of rules of international law;

agreed as follows:

Article 1 of Determination

For the purposes of this agreement the following concepts mean:

1. "Investor" - any physical person or legal entity of the state of one of the Parties performing investments in the territory of the state of other Party:

a) physical person - any physical person who is the citizen of the state of the Party according to its legislation;

b) the legal entity - any legal entity created or founded according to the legislation of the state of the Party.

2. "Investments" - all types of property which invest the investor of one Party in the territory of the state of other Party according to the legislation of the state of the last Party, in particular:

a) personal and real estate;

b) shares, deposits and other forms of equity participation commercial, organizations;

c) right to claim on the money made for creation of economic values or under the agreements having economic value and connected with investments;

d) exclusive rights on intellectual property items (copyright, patents, industrial designs, models, trademarks or service marks, technology, information having the commercial value, and know-how);

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