of October 31, 1998
The Republic of Kazakhstan and the Republic of Uzbekistan which are referred to as further the Party
being guided by the Contract on eternal friendship between the Republic of Kazakhstan and the Republic of Uzbekistan of October 31, 1998, the Agreement between the Government of the Republic of Kazakhstan and the Government of the Republic of Uzbekistan on measures of deepening of economic integration for 1994-2000 of July 28, 1993, the Contract between the Republic of Kazakhstan and the Republic of Uzbekistan on creation of the Common economic space of January 10, 1994, the Agreement between the Government of the Republic of Kazakhstan and the Government of the Republic of Uzbekistan on free trade of June 2, 1997, and also other international treaties which participants are the Parties,
recognizing that economic cooperation is directed, first of all, to increase in level of living and requirements satisfaction of the population of two states, realizing benefits of the international labor division, specialization and cooperation of production, mutually advantageous trade to goal achievement of their social and economic development,
proceeding from need of further strengthening and development equal and mutually advantageous trade and economic and relations of production, giving to them of long-term and steady nature, effective use of economic capacity of two states and growth in prosperity of their people,
confirming need of mutually advantageous use of potential and intellectual potential of the states and aiming at further deepening of full cooperation,
attaching importance to implementation of economic reforms, creation of conditions for phased transition to free movement of goods, services, the capitals and labor power,
being guided by the universally recognized norms and the principles of international law,
agreed as follows.
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