Agreement between the Government of Ukraine and Government of the Republic of Belarus on assistance and mutual protection of investments

of December 14, 1995

The government of Ukraine and the Government of the Republic of Belarus (which hereinafter are referred to as further "the Contractual Parties"),

wishing to strengthen economic cooperation on long-term basis for mutual advantage of both States,

revealing intention to create and support favorable conditions for investors of one Contractual Party in the territory of other Contractual Party,

recognizing that assistance and mutual protection of investments, according to this Agreement, will stimulate business initiative in this sphere,

agreed about the following:

Article 1 of Determination

For the purposes of this Agreement:

1. The term "investments" means all types financial, appliances and other property and intellectual values invested in connection with economic activity of investorovyuridichesky and physical persons - one Contractual Party in the territory of other Contractual Party according to the current legislation of the last, and covers, in particular, but not only:

a) personal and real estate, and also any other ware rights, such as the rights of mortgage deduction, mortgage, the providing rights according to the loan and the similar rights;

b) shares, shares, bonds, debt obligations of legal entities, securities and any other forms of participation in the companies;

c) requirements concerning sums of money or any accomplishment of obligations which have economic value, connected with investments;

d) intellectual property rights, including the copyright, trademarks, patents, industrial designs, technical processes, "know-how", trade secrets, brand names and "goodwill" connected with investments;

e) any right to implementation of economic activity, including the rights to investigation, production, development and operation of natural resources.

Any change of form in which assets are invested will not influence their nature as investments.

2. The term "investor" means any physical person or legal entity which performs investments in the territory of other Contractual Party:

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