Agreement between the Government of the Republic of Kazakhstan, Government of the Kyrgyz Republic and Government of the Republic of Uzbekistan on deepening of integration into areas of the antimonopoly policy

of March 14, 1997

The government of the Republic of Kazakhstan, the Government of the Kyrgyz Republic and the Government of the Republic of Uzbekistan which are hereinafter referred to as the Party

being guided by intentions to jointly promote forming of common economic space and total market of goods, services, the capitals and labor power;

understanding the leading role of competition policy in implementation of the specified processes;

aiming at effective interaction on harmonization of the antimonopoly policy in the field of consumer protection;

agreed as follows:

Article 1

The parties will carry out work on harmonization of legal regulation in the field of the antimonopoly policy and consumer protection based on national legislative and regulations.

For the purpose of ensuring the harmonized system of law of the Party shall carry out further coordination of works on preparation of bills, holding preliminary consultations concerning the projects offered to introduction of one of the Parties of normative legal documents and to apply, in case of possibility of measure, providing uniform application of competition rules in the territories of the states.

For the purpose of assistance to deepening of economic integration to development of production cooperation of the Party till July 1, 1997 will take all necessary measures for harmonization of the national legal system of anti-monopoly regulation.

Till July 1, 1999 the Parties will provide approval of general terms of anti-monopoly control of creation of transnational industrial groups of participation of business entities of the State Parties.

Article 2

The parties will consider the possibility of harmonization of the legislation and regulation in the area:

- unfair competition;

- advertizing;

- demonopolizations of economy;

- natural monopolies;

- consumer protection

according to national legal acts.

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