Agreement on mutual recognition of the rights and regulation of the relations of property

of October 9, 1992

The State Parties of this agreement which further are referred to as the Party

understanding need of creation of the precepts of law preventing mutual claims and guaranteeing protection of the property rights of the Parties, their citizens and legal entities

confirming need of regulation of the property rights as bases for adjustment of the full-fledged interstate relations,

for the purpose of creation of conditions for effective development of production and preserving single technological complexes,

agreed as follows:

Article 1. The parties mutually recognize the transition to their property of property, including financial resources, the companies, organizations, the organizations of their structural units and divisions of the former allied subordination located in the territories of the Parties performed according to their national legal system.

Article 2. Each of the Parties recognizes the property rights of other Party, her citizens and legal entities in relation to the companies located in its territory, organizations, the organizations and other objects (branches, shares, shares, shares and other property) which were for December 1, 1990 under authority of state bodies of other former federal republics as a part of USSR, and also being property of other legal entities and physical persons, except for the objects constructed for the purpose of mitigation of consequences of force majeur circumstances.

Article 3. The property rights to the earth and other natural resources are regulated by the legislation of the Party in the territory of which there are property objects if other is not provided by other agreements of the Parties.

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