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

of August 1, 2019

About mutual encouragement and protection of investments

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

wishing to deepen economic cooperation for mutual advantage of both states,

aiming to create and support favorable conditions for investments of investors of the state of one Contracting Party in the territory of the state of other Contracting Party,

recognizing that mutual encouragement and protection of investments on the basis of this agreement will promote development of business initiative, private capital flow and economic development in both states,

considering importance of providing the effective mechanism of protection of 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:

1. The term "investments" means all types of the property enclosed by the investor of the state of one Contracting Party in connection with implementation of economic activity for the purpose of profit earning in the territory of the state of other Contracting Party according to the legislation of the state of other Contracting Party and includes, in particular:

a) personal and real estate and other property rights;

b) shares, shares or other forms of participation in the commercial organizations, and also bonds;

c) rights to claim concerning money or any obligation fulfillment under the agreement having economic value and signs of investments;

d) the rights to intellectual and industrial property, including copyright, patents for inventions, trademarks, industrial designs, specifying of the place of goods origin and technical processes, know-how, trade names, know-how and goodwill, and also other similar rights;

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