The agreement between the Government of the Republic of Belarus and the Government of the Azerbaijan Republic on counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing

of August 28, 2012

The government of the Republic of Belarus and the Government of the Azerbaijan Republic which are hereinafter referred to as with the Parties

recognizing that fight against organized crime, corruption, terrorism, other heavy and especially serious crimes requires use of modern and effective forms, methods and means,

considering that one of such methods is deprivation of criminals of the income from criminal activities and other means used for making of crimes

being guided by the conventional principles and rules of international law,

for the purpose of enhancement of the legal basis of counteraction of legalization (washing) of income gained in the criminal way and to financing of terrorism and cooperation in this sphere

agreed as follows:

Article 1

The parties according to this agreement, the international obligations and national legal systems of the states cooperate for the purpose of counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing.

Article 2

For the purposes of this agreement the following basic concepts are used:

a) income gained in the criminal way - the money and (or) other property received as a result of crime execution;

b) means (property) - the assets of any sort movable or immovable, irrespective of method of their acquisition, and also the legal documents or acts confirming the right to such assets or participation in them;

c) terrorism financing - provision or fund raising or rendering financial services with understanding that they are intended for financing of the organization, preparation or making at least of one of crimes of terrorist nature or for the providing organized group, illegal armed group, criminal society (the criminal organization) created or one of such crimes created for making at least;

d) legalization (washing) of income gained in the criminal way - actions for giving of lawful nature to ownership, use or the order of the criminal income.

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