The contract between the Russian Federation and the Republic of Armenia on long-term economic cooperation for the period till 2010
of September 15, 2001
The Russian Federation and the Republic of Armenia which are hereinafter referred to as with High contracting parties
being guided by the Treaty of friendship, cooperation and mutual aid between the Russian Federation and the Republic of Armenia of August 29, 1997 and the Declaration on the allied interaction between the Russian Federation and the Republic of Armenia oriented in the 21st century of September 26, 2000,
considering that interstate integration is one of the most important elements of economic development,
using benefits of the international labor division, specialization and cooperation of production, mutually advantageous trade to goal achievement of social and economic development of the states,
proceeding from need of further strengthening and development equal and mutually advantageous trade and economic and relations of production, giving to them of long-term and steady nature, effective use of economic capacity of two states and growth in prosperity of their people,
attaching great value of harmonization of implementation of economic reforms, to creation of conditions for phased transition to free movement of goods and services, the capitals and labor power,
agreed as follows:
High contracting parties realize the Program of long-term economic cooperation of the Russian Federation and the Republic of Armenia for the period till 2010 (further imenuyetsyaprogramma) which is integral part of this Agreement.
Economic cooperation of High contracting parties is performed by development of the mutually beneficial economic relations between business entities of both states irrespective of pattern of ownership and subordination, according to the legislation of each of High contracting parties and international treaties in which the states participate.
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The document ceased to be valid since January 1, 2011 according to paragraph one of Article 6 of this document.