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DECISION OF ECONOMIC COURT OF COMMONWEALTH OF INDEPENDENT STATES

of December 21, 1995 No. 07/95

Economic Court of the Commonwealth of Independent States in structure:

the chairman - the Chairman of Economic Court Dashuk L. A.,

judges of Economic Court of Abdrakhmanov S. S., Apostle D.D., Begaliyev M. A., Bekenova R. A., Vylkova I. K., Kerimbayeva A. Sh., Makhmudova L. Sh., Miroshnik V. I., Simonyana G. V., Tolibova X.,

in case of Madudina T. I. secretary.,

with participation:

representative of Mir Intergovernmental TV & Radio Company Sukhanov M. E.,

General adviser of Economic Court Hvaley V. V.,

having considered case on request of Mir Intergovernmental TV & Radio Company on interpretation in proceeding in open court,

established:

In request of Mir Intergovernmental TV & Radio Company the following is specified.

On December 24, 1993 the Agreement on international legal guarantees of free and independent implementation of activities of Mir Intergovernmental TV & Radio Company is signed by heads of states of the Commonwealth. It is provided in article 6 of this Agreement: "1. The company, its property are exempted from the direct taxes and charges of any nature, except payments for utility and other similar services. 2. The company is exempted from customs fees and restrictions when importing and exporting objects, held for use for the purpose of, MTRK "World" provided by the Charter."

The Mir Intergovernmental TV & Radio Company and its branches (representations) when implementing according to the Charter of productive and business activity make the corresponding payments in budgets of the State Parties of the Agreement.

In view of the fact that in customs and tax authorities of the founder states of MTRK "World" there are questions of procedure for application of article 6 of the Agreement, the Mir Intergovernmental TV & Radio Company asks to give interpretation of this Article with indication from what specifically types of tax and customs fees it is exempted.

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