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

of February 15, 1995

The government of Ukraine and the Government of the Republic of Estonia what "Contracting parties" hereinafter are referred to as further;

wishing to intensify economic cooperation in mutual advantage of both States;

have intention to create and support favorable conditions for investments of investors of one State in the territory of other State;

agreed about it:

Article 1 Determination

For the purpose of this Agreement:

1. Term "investment" covers any property invested in connection with economic activity of the investor of one Contracting Party in the territory of other Contracting Party according to the legislation and regulations of the last and includes, in particular, but not only:

a) personal and real estate, and also any other property right "in rem", such as mortgage pledge, content right, manual pledge and other similar rights;

b) shares, shares and debt obligations of the companies or any other form of participation in the company;

c) monetary claims or requirements of any actions which have economic cost in connection with investment;

d) the intellectual property rights, inclusive with copyright and the rights to logos, patents, industrial developments, engineering procedures, "know-how", trade secrets, brand names and "goodwill" which are connected with investment;

e) any rights granted under the law or under the contract and also any licenses and permissions according to the legislation, inclusive with concessions on searches, production, development or use of natural resources.

Any change of form in which the property invested cannot affect its nature of investment on condition that such change is performed according to the legislation of the Contracting Party in the territory of which this investment is performed.

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

a) The term "physical person" means any physical person who is citizen of one of Contracting Parties, according to its legislation.

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