AGREEMENT BETWEEN THE GOVERNMENT OF THE KYRGYZ REPUBLIC AND GOVERNMENT OF THE RUSSIAN FEDERATION

of June 6, 2016

About cooperation in the field of oil supply and oil products

The government of the Kyrgyz Republic and the Government of the Russian Federation which further are referred to as "Party" in view of the long-term interests of two states in development of strategic cooperation enshrined in the Treaty of friendship, cooperation and mutual aid between the Republic Kyrgyzstan and the Russian Federation of June 10, 1992 and in the Declaration on eternal friendship, alliance and partnership between the Kyrgyz Republic and the Russian Federation of July 27, 2000, being guided by the Agreement on the free trade area of October 18, 2011, proceeding from interest in deepening of mutually beneficial cooperation in the field of oil supply and oil products, agreed as follows:

Article 1.

The purpose of this agreement is determination of conditions of cooperation of the Parties in the field of oil supply and oil products from the Russian Federation to the Kyrgyz Republic.

Article 2.

Activities coordination under this agreement and control of execution of this agreement is exercised by the following competent authorities:

from the Kyrgyz Side - the Ministry of Economics of the Kyrgyz Republic;

from the Russian Side - the Ministry of Energy of the Russian Federation.

In case of change of competent authorities of the Party without delay notify on this each other through diplomatic channels.

Article 3.

Competent authorities of the Parties till December 31 of the current calendar year approve amounts and the nomenclature of internal consumption in the Kyrgyz Republic of oil and oil products (further - goods) the next calendar year and approve on them the indicative balances the next calendar year considering growth of economy of the Kyrgyz Republic (further - indicative balances).

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