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

of September 17, 1994

The government of the Republic of Kazakhstan And the Government of Ukraine (hereinafter referred to as "Contracting parties"),

wishing to strengthen economic cooperation on long-term basis for mutual advantage of both Contracting Parties,

having intention to create and support favorable conditions for investors of one Contracting Party in the territory of other Contracting Party,

recognizing that assistance and mutual protection of investments, according to this Agreement, will stimulate business initiative in this sphere,

agreed about the following:

Article 1. Determinations

For this agreement:

1. The term "investment" will cover any kind of the assets invested in connection with economic activity by the investor of one Contracting Party in the territory of other Contracting Party according to the current legislation of the last and will include, in particular, but not only:

a) personal and real estate, as well as any other rights, such as mortgages, the rights of content, providing on loan and the similar rights;

b) shares, securities and debt obligations of legal entities or property part of these legal entities;

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

d) intellectual property rights, including the copyright, trademarks, patents, industrial designs, engineering procedures, know-how, commercial secrets, brand names and goodwill connected with investment;

e) licenses and permissions according to the right, including concessions on investigation, production, development and operation of natural resources;

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

Any change of form in which assets are invested will not influence their nature as investments.

2. The term "investor" means any physical person or legal entity which invests on the territory of other Contracting Party:

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