Agreement between the Government of Ukraine and Government of the Republic of Armenia on free trade

of October 7, 1994

The government of Ukraine and the Government of the Republic of Armenia, hereinafter referred to as "Contracting parties",

aiming at development of trade and economic cooperation between Ukraine and the Republic of Armenia on the basis of equality and mutual advantage,

proceeding from the sovereign right of each state to pursue independent external economic policy,

intending to promote growth of economic activity, ensuring full employment, performance improvement and rational use of resources,

aiming to promote harmonious development and growth of world trade, elimination of barriers on the way of its development,

confirming intentions of Ukraine and the Republic of Armenia to become Contracting Parties of the General Agreement on Tariffs and Trade (GATT), sharing the purposes and the principles of GATT and in view of results of agreements and the agreements reached within the Uruguayan round of multilateral trade negotiations

agreed as follows:

Article 1

1. Contracting parties do not apply the customs duties, taxes and fees having equivalent action for export and/or commodity import, one of Contracting Parties coming from customs area and intended for customs area of other Contracting Party. The exception of this trade regime according to the approved nomenclature of goods is drawn up by the documents which are integral part of this agreement if Contracting Parties consider it necessary.

2. For the purposes of this agreement and for its action the goods coming from the territories of Contracting Parties are understood as the goods determined by the Rules of determination of the country of goods' origin of September 24, 1993 approved by the Decision of Council of Heads of Government of the Independent States.

Article 2

Each Contracting Party will not be:

- directly or indirectly to assess the goods getting under action of this agreement, the internal taxes or charges exceeding the corresponding taxes or charges which assess the similar goods of internal production or goods coming from the third countries;

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