Agreement between the Government of the Republic of Kazakhstan and Government of the Republic of Tajikistan on encouragement and mutual protection of investments

of December 16, 1999

The government of the Republic of Kazakhstan and the Government of the Republic of Tajikistan, is lower referred to as "Contracting parties",

wishing to strengthen and expand economic cooperation between two Contracting Parties,

wishing to create favorable conditions for implementation of capital investments of investors of one Contracting Party in the territory of other Contracting Party,

recognizing that encouragement and mutual protection of investments according to the Agreement will promote economic development of Contracting Parties,

agreed as follows:

Article 1. Determinations

For the purposes of this agreement:

1. The term "investments" means all types of property and the rights to them, and also the intellectual property rights put by investors in objects of business activity for the purpose of profit earning (income) and covers, in particular, but not only:

- personal and real estate and any other related property rights, including mortgages, right to retain of mortgage or other pledge and means on accounts in banks and other financial institutions;

- shares, deposits (shares), bonds, and any other forms of participation in the companies, joint-stock companies, economic partnerships, associations and in other legal entities recognized by the legislation registered according to the legislation of each of Contracting Parties;

- the loans, the credits, purpose-oriented bank and financial deposits and other monetary claims connected with implementation of investments;

- the rights to objects of intellectual and industrial property, including the objects protected by copyright, patents, trademarks, service marks, trade names, industrial designs, economic secrets and "know-how";

- reinvestment of the income and payments of principal debt and percent on credit agreements.

2. The term "investor" means:

a) the physical person who is the citizen of one of the states of Contracting Parties according to their current legislation;

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