Agreement on distribution of all property of the former USSR abroad

of July 6, 1992

The State Parties of this agreement which are referred to as further the Party

recognizing that the termination of existence of USSR as the states - the subject of international law dictates need of the fastest settlement of complex of the questions connected with property of the former USSR abroad between the states - legal successors on behalf of the Azerbaijan Republic, the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Republic Kyrgyzstan, the Republic of Moldova, the Russian Federation, the Republic of Tajikistan, Turkmenistan, the Republic of Uzbekistan and Ukraine;

confirming the right of each Party to ownership, use and the order of the fair fixed share of property of the former USSR which is due to it abroad, in case of observance of the rights and interests of other Parties, and also the laws of the states in the territory of which there is this property;

aiming at creation of proper conditions for implementation of practical tasks of foreign policy of the Party;

noting exclusive value of observance of the conditions for the guaranteed accomplishment by the Parties of the international obligations following for them from contracts and agreements of the former USSR as it is fixed in the Agreement on legal succession concerning the former public debt and assets of USSR of December 4, 1991, and in development of the Agreement of Chapters of gosudarstvuchastnik of the Commonwealth of Independent States "About property of the former USSR abroad" of December 30, 1991 mentioned above

agreed as follows:

Article 1

Subject of consideration of this agreement is the movable and immovable property of the former USSR outside its territory and investment, being located abroad which were available at the time of legal succession in ownership, use and the order of the former USSR, its state bodies and other structures of all-union value which were under its jurisdiction or control.

The above-stated property is subject to the Section and passes to the Parties according to the following scale of the fixed shares in assets of the former USSR on the basis of single aggregative indicator:

+--------------------------------------------------------------------+
¦          Гос

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info