The agreement between the Government of the Republic of Kazakhstan and the Government of Turkmenistan on use of ports for conversion and transportation of transit cargoes

of February 27, 1997

The government of the Republic of Kazakhstan and the Government of Turkmenistan, the hereinafter referred to as Contracting Parties,

for the purpose of further strengthening of friendship and development of transport bonds between two states,

on the basis of friendship and mutual understanding, agreed as follows:

Article 1

Use seaports of the Republic of Kazakhstan and Turkmenistan on the Caspian Sea for conversion and transportation of the Kazakhstan and Turkmen loads following transit to the third countries and in the opposite direction.

Article 2

Contracting parties will take necessary measures for elimination of delays and restrictions of transit transportations, excepting force majeur circumstances.

Article 3

When implementing transit transportations also regulations of both states will be observed legislative.

Article 4

Competent authorities of Contracting Parties, if necessary, with participation of representatives of other interested ministries and departments:

- develop transit conditions, including rates for conversion, transportation and rendering services;

- create the effective system of mutual calculations and payments for forwarding transactions which is not contradicting legislations of both states. Are understood as competent authorities of Contracting Parties:

- from the Government of the Republic of Kazakhstan - the Ministry of Transport and Communications of the Republic of Kazakhstan;

- from the Government of Turkmenistan - the Turkmen sea shipping company.

Article 5

Support and develop effective business relations between competent authorities, and also encourage development of contacts between their relevant companies and the organizations, in particular, for the purpose of:

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