Agreement on cooperation and interaction of Arbitration Courts of the Republic of Kazakhstan and the Russian Federation

of March 27, 1992

Arbitration Courts of the Republic of Kazakhstan and the Russian Federation, being guided by the principles of sovereignty of two states, attaching special significance to development of cooperation in the field of the dispute resolution, connected with implementation of economic activity in the Common Economic Space, agreed as follows:

Article 1. Bodies for permission of economic disputes of the Republic of Kazakhstan and the Russian Federation recognize need of equal legal protection of property rights and legitimate interests of business entities of each of the states in the territory of other state, shall observe the principles of equality of the parties, ensuring steady accomplishment of conditions of contracts (agreements) signed between two states and business entities.

Article 2. Arbitration Courts provide to subjects of the economic relations of each of the states in the territory of other state the judicial protection of the rights and legitimate interests equal with similar subjects of this state.

Business entities of one state have to the territories of other state the right of the free appeal to Arbitration Courts within which competence permission of economic disputes, the right of implementation of legal proceedings, stipulated by the legislation this state is.

Article 3. Disputes over obligations between subjects of the economic relations of each of the states are considered by Arbitration Courts in the place of permanent finding of the defendant.

Disputes on the property right to property are considered by court of the state in the territory of which there is property, and disputes on recognition invalid acts of the state and other bodies, and also about indemnification, caused by such acts, are considered by Arbitration Court in the place of the specified body.

If several defendants who are in the territory of the different states participate in case, the dispute is considered in the location of any defendant in the choice of the claimant.

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