Agreement between the Government of the Republic of Tajikistan and Government of the Republic of Moldova on encouragement and mutual protection of investments

of November 5, 2002

The government of the Republic of Tajikistan and the Government of the Republic of Moldova, hereinafter referred to as "Contracting parties",

wishing to strengthen economic cooperation on long-term basis for mutual advantage of both states,

having intention to create and support favorable conditions for investments of investors of one state in the territory of other state and, recognizing that assistance and mutual protection of investments, according to this agreement, will promote stimulation of business initiative in this sphere,

agreed about the following:

Article 1. Determinations

For the purposes of this agreement:

1. The term "investment" will cover any kind of the assets invested in connection with economic activity by the investor of one Contracting Party in the territory of other Contracting Party according to current laws and rules of the last including, in particular, but not only:

a) the freely convertible currency or other foreign currency received by banks of Contracting Parties and which are object of banking activities;

b) personal and real estate, as well as any other rights, such, as mortgage, the rights of content, providing on loan and the similar rights;

c) shares, securities and debt obligations of legal entities or property part of these legal entities;

d) the requirements concerning money or some obligation fulfillment having economic value connected with investment;

e) intellectual property rights, including copyright, trademarks, patents, industrial designs, technical processes, know-how, commercial secrets, brand names connected with investment;

e) any right granted according to the right or under the contract and also any licenses and permissions according to the right, including concessions on investigation, production, development and operation of natural resources.

Any change of form in which assets are invested will not influence their nature as investments.

2. The term "investor" means any physical person or legal entity which invests on the territory of other Contracting Party:

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