of May 11, 2016
About tax exemption on value added of the goods imported by the Belarusian-Turkmen Trading House on the territory of Turkmenistan and the Turkmen-Belarusian Trading House on the territory of the Republic of Belarus
The government of the Republic of Belarus and the Government of Turkmenistan which are hereinafter referred to as with Contracting Parties
taking into account provisions of the Agreement between the Ministry of Trade of the Republic of Belarus and the Ministry of Trade and foreign economic relations of Turkmenistan about creation of Trading Houses in Turkmenistan and the Republic of Belarus signed in Minsk on January 25, 2010
attaching importance to further development of trade and economic cooperation for the benefit of the states,
understanding need of more effective use of capacity of two states,
agreed as follows:
For the purpose of this agreement the following terms are used:
"Trading houses" – the trading houses created according to the Agreement between the Ministry of Trade of the Republic of Belarus and the Ministry of Trade and foreign economic relations of Turkmenistan about creation of Trading Houses in Turkmenistan and the Republic of Belarus signed in Minsk on January 25, 2010;
"goods" – the products made in the territory of the state of one Contracting Party and imported on the territory of the state of other Contracting Party, except for alcoholic products, tobacco products and other goods, liable to the excise tax (excise) according to the legislation of the Contracting Party on which territory commodity importation is performed;
"authorized bodies of Contracting Parties" –
from the Belarusian Side – the Ministry of Trade;
from the Turkmen Side – the Ministry of Trade and foreign economic relations.
In case of change in one of Contracting Parties of authorized body such Contracting Party shall notify in perhaps short terms through diplomatic channels on this change other Contracting Party.
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