Agreement between the Government of the Republic of Uzbekistan and Government of the Azerbaijan Republic on production cooperation

of May 27, 1996

The government of the Republic of Uzbekistan and the Government of the Azerbaijan Republic which are hereinafter referred to as by the Parties, understanding that economic, industrial and the sci-tech cooperation is important and necessary element of development of the bilateral relations on stable and long-term basis, considering the developed technological interrelations between potential and scientific and technical productions of their states, recognizing crucial role of direct production interaction of business entities of the states of the Parties 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 between the companies and industries, relying on the reached level of economic interaction between both countries, being guided by the purposes of ensuring steady economic growth, improvement of quality of life of their citizens, employment expansions, effective use of material and human resources and environment protection,

agreed as follows:

Article 1

The parties will promote 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.

Article 2

The parties will take necessary measures for the purpose of development of the international specialization and cooperation of production, providing conditions for their implementation, determination of priorities in industries, assistance to development and realization of joint projects and programs.

Article 3

The parties agreed that:

- deliveries of goods in cooperation are understood as supply of raw materials, the materials, nodes, details, spare parts, procurements, semifinished products, component parts and other products of industry and cross-industry appointment which are technologically interconnected and necessary for joint production of end products,

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