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The contract between the Republic of Belarus and the Republic of Uzbekistan on economic cooperation for 2008-2017

of June 19, 2008

The Republic of Belarus and the Republic of Uzbekistan which are referred to as further with the Parties

being guided by the Contract between the Republic of Belarus and the Republic of Uzbekistan of November 6, 1991, the Agreement on trade relations between the Republic of Belarus and the Republic of Uzbekistan of January 21, 1993, the Declaration of the Republic of Belarus and the Republic of Uzbekistan on further strengthening of friendship and cooperation of December 22, 1994, and also other international treaties which participants are the Parties,

understanding need of further strengthening and development mutually advantageous trade and economic and relations of production, giving to them of long-term and stable nature, effective use of economic and scientific and technical capacity of the Parties and growth in prosperity of their people,

attaching importance to dynamic development of economy and carrying out economic reforms, being guided by the universally recognized norms and the principles of international law,

agreed as follows:

Article 1

The parties realize the Program of economic cooperation between the Republic of Belarus and the Republic of Uzbekistan for 2008-2017 (further - the Program) which is integral part of this Agreement.

Article 2

The parties perform economic cooperation on the basis of steady respect for the conventional principles of international law, including by the conclusion of contracts between state bodies, is direct between business entities, irrespective of patterns of ownership and organizational subordination, with observance of the national legal system of the Parties.

Responsibility for accomplishment of undertaken obligations is born by the business entities who signed agreements.

The parties shall abstain from the actions causing damage to interests of economy of other Party.

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