Agreement Between the Government of the Republic of Tajikistan and Cabinet of Ministers of Ukraine on the basic principles and directions of economic cooperation

of July 6, 2001

The government of the Republic of Tajikistan and the Cabinet of Ministers of Ukraine, - further "Parties",

- for the purpose of deepening of economic cooperation on bases of equality, mutual advantage and for the benefit of growth in prosperity of the people of two countries,

- attaching importance to implementation of economic reforms, processes of structural adjustment of economy, creating favorable conditions for development of the market relations between business entities of both countries,

- aiming to develop the economic relations of the Republic of Tajikistan and Ukraine on qualitatively new and long-term bases, to promote stabilization and rise in national economies, their integration and effective use of economic capacity of both states,

agreed as follows:

Article 1

Economic cooperation of the Parties will be based on the principles of equality, mutual advantage and will be performed by direct interaction between business entities irrespective of their patterns of ownership and subordination taking into account the universally international standards and rules.

Each of the Parties will refrain from action, capable to cause damage to interests of other Party.

Article 2

The parties will promote creation of equal economic and legal conditions for business entities of all patterns of ownership for the purpose of stimulation of increase in mutual goods turnover to ensuring rational labor division in the leading industries of production and phased transition to free movement of goods, the capitals and labor power between two states.

Article 3

The parties will create the permanent Joint intergovernmental Tajik-Ukrainian commission on economic cooperation to which they will charge development of long-term development programs of the bilateral economic relations and enhancement of their mechanisms.

Article 4

The parties consider priority implementation of bilateral economic cooperation in the following industries:

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