Agreement between the Government of the Republic of Belarus and Government of the Azerbaijan Republic on free trade

of March 31, 2004

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

aiming at development of trade and economic cooperation between the Republic of Belarus and the Azerbaijan Republic on the basis of equality and mutual advantage,

proceeding from the sovereign right of each state to pursue independent external economic policy,

creating conditions for free movement of goods and services,

providing balance in mutual trade and stabilization of internal economic capacity of both states,

being guided by aspiration to permanent increase in level of living of the population of the states,

agreed as follows:

Article 1

1. Contracting parties according to legislations of the states and provisions of this agreement set free trade regime in mutual trade in goods.

2. Contracting parties will not apply the customs duties, taxes and fees having action equivalent to customs duties on export and commodity import, one of Contracting Parties coming from customs area of the state and intended for customs area of the state of other Contracting Party. In case of need Contracting Parties can provide exceptions of this trade regime according to the approved nomenclature of goods which will be drawn up by the documents which are integral part of this agreement.

3. For the purposes of this agreement and for its action the goods occurring from the territories of the states of Contracting Parties are understood as goods according to the Rules of determination of the country of goods' origin approved by the Decision of Council of Heads of Government of the Commonwealth of Independent States of November 30, 2000.

Article 2

Each of Contracting Parties will not be:

directly or indirectly to assess the goods of other Contracting Party falling under action of this agreement, the internal taxes or charges exceeding the corresponding taxes or charges which assess the similar goods of internal production or goods coming from the third countries;

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