Agreement between the Government of the Russian Federation and Government of the Republic of Kazakhstan on free trade

of October 22, 1992

The government of the Russian Federation and the Government of the Republic of Kazakhstan, hereinafter referred to as "Contracting parties",

being guided by provisions of the Treaty of friendship, cooperation and mutual aid between the Russian Federation and the Republic of Kazakhstan of May 25, 1992,

in view of the Agreement on cooperation in the field of foreign economic activity of May 15, 1992,

considering the Agreement on coordination of works on questions of export control of raw materials, materials, the equipment, technologies and services which can be used for creation of weapons of mass destruction and rocket means of its delivery of June 26, 1992,

aiming at development of trade and economic cooperation between the Russian Federation and the Republic of Kazakhstan on the basis of equality and mutual advantage,

proceeding from the sovereign right of each Contracting Party to pursue independent external economic policy and to provide accomplishment of the corresponding international obligations and realization of the proclaimed intentions,

intending to promote creation of single commodity market, services, the capitals and labor power,

wishing to promote creation of proper conditions for forming of custom union,

agreed as follows:

Article 1

1. Contracting parties do not apply the customs duties, taxes and fees having equivalent action on import and commodity export, one of Contracting Parties coming from customs area and intended for customs area of other Contracting Party. Features of application of the mode of trade between both countries according to the approved nomenclature of goods are drawn up by the annual Protocols which are integral part of this agreement.

2. For the purposes of this agreement and for its action the goods coming from customs area of Contracting Parties are understood as goods:

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