AGREEMENT BETWEEN THE GOVERNMENT OF THE KYRGYZ REPUBLIC AND GOVERNMENT OF GEORGIA

of October 13, 2016

About encouragement and mutual protection of investments

The government of the Kyrgyz Republic and the Government of Georgia, the "Contracting parties" which further are referred to as,

Wishing to strengthen economic cooperation between them, namely concerning investments of investors of one Contracting Party in the territory of the state of other Contracting Party;

Recognizing that the Agreement on the mode which will shall be provided to such investments to promote capital inflow and technologies, and also to economic development between two countries;

Agreeing that creation of stable base for investments will promote maximization of effective and steady use of economic resources and improvement of level of living; and also

Being convinced that these objectives can be achieved without damage to the commonly accepted measures for health protection, safety and environmental protection, and also to the labor rights recognized at the international level;

Reminding that direct foreign investments are vital amendment to national and international efforts in the field of development;

Agreed as follows:

Article 1. Determinations

For the purposes of this agreement:

1. "The investor of the Contracting Party" means:

a) the physical person having nationality of the state of the Contracting Party according to its national legal system, or

b) any legal entity founded or formed according to the national legal system of the state of the Contracting Party and performing the main business activity in the territory of the state of this Contracting Party.

2. "Investment by the investor of the Contracting Party" means the any kind of investment performed by the investor of other Contracting Party in the territory of the state of other Contracting Party according to the laws and rules of the last and has specific characteristics, such as transfer of the capital and other resources, expectation of benefit and profit, and also awareness of risk, and includes:

a) shares, securities, the company and other forms of equity in the company and following from here it is right;

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