The agreement on assistance in creation and development of the production, commercial, credit and financial, insurance and mixed transnational associations

of April 15, 1994

The governments of the State Parties of this agreement which are hereinafter referred to as - the Parties,

being guided by provisions of the Agreement on creation of Economic union of September 24, 1993,

confirming the aspiration to provide favorable conditions for every possible development of commercial ties for the benefit of the people on mutually advantageous and equal basis, and also to increase efficiency of trade and economic relations within the Commonwealth of Independent States,

attaching importance to use of modern forms of interaction in the field of the productive, research, investing, business and financial and credit activity directed to recovery and expansion of the high-integrated technological and cooperation interrelations it is direct between the companies and the organizations of different patterns of ownership and on intensification on this basis of mutual barter,

agreed as follows:

Article 1

The parties will keep development of effective forms joint production, scientific and technical, investment, commercial and other types of activity of the business entities registered in the territories of the State Parties of the Agreement as participants of foreign economic relations according to the national legal system which are not prohibited by the national legal system.

The parties, coordinating the actions, will promote creation and development of the production, commercial, credit and financial, insurance and mixed transnational associations (further referred to as "transnational associations") which activities answer the purpose determined by this agreement and does not contradict the antitrust national legal system.

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