Agreement on general terms and mechanism of support of development of production cooperation of the companies and industries of the State Parties of the Commonwealth of Independent States

of December 23, 1993

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

in pursuance of the decisions of Council of heads of states of the Commonwealth made on May 14 and on September 24, 1993 in Moscow and also for goal achievement and the principles of Economic union;

considering the developed technological interrelations between scientific and technical potential productions of the states;

recognizing crucial role of direct production interaction of business entities of the State Parties of the Commonwealth in creation of the Common Economic Space based on the market relations;

aiming to provide favorable conditions for maintenance and mutually beneficial development of production cooperation and direct connections between the companies and industries within the Commonwealth,

agreed as follows:

Article 1

The parties will take effective measures on ensuring the state support of implementation and development of cooperation between the companies of all patterns of ownership, industry and cross-industry complexes on the basis of their direct production connections, and also within financial and industrial groups and transnational production associations, joint businesses.

Article 2

The parties will pursue coordinated policy in the field of development of the international specialization and cooperation of production, conditions of their implementation; determinations of priorities in industries; assistance to development and realization of joint projects and programs; carrying out multilateral coordination of production, including the sphere of conversion of defense industries.

Article 3

The parties agreed that:

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info