The agreement between the Government of the Republic of Tajikistan and the Cabinet of Ministers of Ukraine on cooperation in the field of the aluminum industry

of July 23, 1999

The government of the Republic of Tajikistan and the Cabinet of Ministers of Ukraine which are hereinafter referred to as with the Parties

attaching importance to development of modern forms of interaction of the companies of the State Parties of the Commonwealth of Independent States in production, commercial, and financial and credit spheres of activity,

aiming to provide favorable conditions for support and development of production and scientific and technical cooperation between the companies of both states,

agreed as follows:

Article 1

The Ukrainian Side authorizes JSC Nikolaev Aluminous Plant:

- within this agreement to provide supply of alumina to all production volume of the Tajik aluminum plant of 500 thousand tons in 1999 and on 600 thousand tons annually, since 2000;

provide on the basis of the agreements signed in accordance with the established procedure in use to business entities of the Tajik Side part of port area and constructions of JSC Nikolayevsky the aluminous plant", export-import transactions, necessary for implementation.

Article 2

The Tajik side within this agreement authorizes the Tajik aluminum plant to provide the total amount of consumption of the alumina delivered to JSC Nikolaev Aluminous Plant of 500 thousand tons in 1999 and on 600 thousand tons, annually, since 2000.

The Tajik Side guarantees payment, in the terms established by the legislation of the Ukrainian Side, alumina within purchase and sale agreements between JSC Nikolayevsky glinozemnykh zavod and the Tajik aluminum plant, and also repayment of the debts formed in 1997 - 1998 through release of bills of exchange, avalized the Government of the Republic of Tajikistan.

Article 3

The parties will assist JSC Nikolaev Aluminous Plant and the Tajik aluminum plant in implementation of joint investing programs.

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