Contract on creation of the Common economic space between the Republic of Kazakhstan, Kyrgyz Republic and Republic of Uzbekistan

of April 30, 1994

The Republic of Kazakhstan, the Kyrgyz Republic and the Republic of Uzbekistan, the hereinafter referred to as High contracting parties,

being guided by bilateral agreements about friendship, cooperation and mutual aid,

assuming as a basis the Contract between the Republic of Kazakhstan and the Republic of Uzbekistan on creation of the Common economic space signed on January 10, 1994 and the Decision on accession of the Kyrgyz Republic to the specified Agreement signed on January 16, 1994

based on historical community of the people and wishing to develop and deepen comprehensive good-neighbourhood,

considering need of coordination of collateral actions for carrying out economic reforms, development of the market relations and forming of effective mutually advantageous commercial ties,

aiming to create favorable conditions for implementation of joint Programs for development and deepening of integration of economies of the Kyrgyz Republic, the Republic of Kazakhstan and the Republic of Uzbekistan for 1994-2000,

understanding objective need of forming and development of the Common Economic Space based on free movement of goods, services, the capitals and labor power, consolidation of direct connections of business entities

recognizing important role of interstate economic cooperation in stabilization of the national economy, more effective use of the rich natural, mineral raw material resources of the republics, and also need of taking measures to realization of provisions of the Agreement on creation of Commonwealths of Independent States Economic Union,

agreed about creation of the Common economic space between the Kyrgyz Republic, the Republic of Kazakhstan and the Republic of Uzbekistan.

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