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Agreement between the Government of the Republic of Tajikistan and Government of Turkmenistan on the basic principles and directions trade and economic and sci-tech cooperation

of October 4, 2007

The government of the Republic of Tajikistan and the Government of Turkmenistan which are hereinafter referred to as with "Parties"

considering mutual interest in further deepening, strengthening and expansion trade and economic and sci-tech cooperation,

being guided by the principles of sovereign equality, mutual advantage and other conventional principles and rules of international law, and the national legal system of the states,

agreed as follows:

Article 1

Trade and economic and the sci-tech cooperation of the Parties will be performed by interaction between subjects of foreign economic activity of both states, irrespective of their patterns of ownership and subordination, with respect for the universally recognized norms of international law and the national legal system of the Parties.

Article 2

The parties will promote development mutually advantageous trade and economic and sci-tech cooperation, including: to forming of separate projects and programs, creation of joint production structures, knowledge sharing and scientific and technical experience, to strengthening of the interbank relations, mutual participation in investment projects.

Article 3

For development of recommendations and control of the course of implementation of provisions of this agreement of the Party will create the Joint Tajik-Turkmen intergovernmental Commission on trade and economic and to sci-tech cooperation. Activities of the Commission will be regulated by separate Provision which affirms at the 1st meeting.

Article 4

The parties will assist development and expansion of mutually beneficial cooperation in different industries and spheres of economy, and also will take actions for exchange of goods, services and trade information between the states, according to the legislation.

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