Communication from the Ministry of Foreign Affairs No. 250 / 1993 Coll.
Communication from the Ministry of Foreign Affairs on the negotiation of the Agreement between the Government of the Czech Republic and the Government of the Russian Federation on trade and economic relations and scientific and technological cooperation
Valid
Effective from 26.08.1993
250
COMMUNICATION
Ministry of Foreign Affairs
The Ministry of Foreign Affairs states that the Agreement between the Government of the Czech Republic and the Government of the Russian Federation on Trade and Economic Relations and Scientific and Technological Cooperation was signed in Prague on 26 August 1993.
The Agreement entered into force on 26 August 1993 pursuant to Article 22 thereof.
The Czech version of the Agreement is hereby published at the same time.
AGREEMENT
between the Government of the Czech Republic and the Government of the Russian Federation on trade and economic relations and scientific and technological cooperation
The Government of the Czech Republic and the Government of the Russian Federation, hereinafter referred to as the Contracting Parties,
building on the provisions of the Agreement on Trade and Navigation between the Republic of Czechoslovakia and the Union of Soviet Socialist Republics of 11 December 1947 and taking into account the Agreement between the Government of the Czech and Slovak Federal Republic and the Government of the Union of Soviet Socialist Republics on the transition to new conditions for the implementation of commercial economic relations of 1 September 1990,
supporting efforts to develop regional economic, production and scientific and technological cooperation in the interests of both States,
taking into account the interests of the Contracting Parties in the activities of the international economic institutions and organisations to which they are members,
respecting the rights of national republics, regions and regions in the development of mutual economic relations,
taking into account the effectiveness of extending cooperation between the Czech Republic and the Russian Federation in all areas of common interest, in particular in the field of economic cooperation, in the framework of the implementation of major projects conducive to the economic development of countries, the movement of capital, joint investment activities in industry, the implementation of environmental projects and services,
in order to create the preconditions for effective economic synergies between the two countries under the conditions of transition of their external economic relations to the principles of relations between states with the developed market economy,
managing the principles of equality and mutual benefit when carrying out economic relations;
in accordance with the law applicable in each country and their international obligations,
agree to conclude an Agreement between the Government of the Czech Republic and the Government of the Russian Federation on trade and economic relations and scientific and technological cooperation ("the Agreement ').
The Contracting Parties shall take the necessary measures to ensure, simplify and promote the development of different forms of economic cooperation between the two States within the framework of the legislation in force in the State concerned.
The Parties shall provide each other with the most favourable treatment of all issues relating to trade and economic relations.
This provision shall not apply to rights and benefits which have been granted or will be granted in the future.
(a) any Contracting Party as a result of its participation in a customs union, free trade zone or regional economic organisation;
(b) neighbouring countries in order to facilitate border trade;
(c) developing countries.
The Parties shall inform each other of the progress of economic reforms in matters of their States' foreign economic policy in areas of common interest, taking into account the security of priorities for mutual cooperation and, where necessary, joint consultations on those issues.
The Parties shall promote the development of trade relations aimed at increasing the reciprocal turnover of goods and the volume of services provided under generally applicable commercial conditions, including barter operations. This shall not preclude the possibility of negotiating at the level of the competent authorities the supply of the most important goods which are relevant to the security of the priority needs of the Contracting Parties.
The Parties shall jointly analyse the state of commercial economic relations and exchange relevant data and information for the further development of economic relations. At the same time, the Parties will discuss and address issues of balancing mutual debt.
Participants in the external economic relations of the Contracting Parties shall carry out clearing and payments in freely convertible currencies, at normal world prices in accordance with the principles, conditions and forms used in international commercial, financial and banking practice, with the exception of arrangements resulting from previously concluded special agreements.
The Parties agree that, where necessary, the relevant banks shall enter into interbank arrangements on the technical arrangements for clearing, lending and payments for supplies of goods and services, in particular in order to ensure the priority needs of both States.
Commercial banks of the Contracting Parties may agree on the possibility of making payments between entities in their national currencies in accordance with the laws in force in each country.
The Contracting Parties' bodies will, by mutual agreement, conclude contracts and contracts including long-term contracts, in particular for the supply of long-term products and economic cooperation agreements, with prices and other commercial terms being negotiated in accordance with the provisions of this Agreement.
The Parties shall promote the deepening of economic and scientific and technological cooperation, including the expansion of cooperation in production, the establishment of joint ventures, international associations and organisations, as well as the development and introduction of further progressive forms of cooperation common in the world economy.
The Parties shall create favourable conditions for the development of joint business, including the promotion and protection of investment, the avoidance of double taxation and shall not apply discriminatory measures in mutual economic cooperation.
The Parties shall promote the development of close mutually beneficial cooperation in the field of transport and communications and other communication systems as well as in the field of IT.
The Parties agree that the development of economic, production and scientific and technological cooperation will be carried out with respect to the recommendations and standards of the international organisations to which they are members.
The Parties, taking into account that scientific and technological cooperation in science, technology and technology plays an important role in economic development, will create the necessary conditions for the development of mutual relations in this field.
The Parties agree that their competent economic authorities will facilitate the development of production relations between undertakings, the implementation of joint investment projects which are in the sphere of common interests, including cooperation with third countries.
The Parties shall give priority attention to production, investment, trade and other forms of economic cooperation in areas of common interest.
The Contracting Parties will facilitate the creation of conditions for the application of non-traditional forms and methods of promoting the investment activity of business structures in the Czech Republic and the Russian Federation as well as in third countries, including the use of capital in the privatisation process in both countries, in accordance with the legal order applicable in each country.
The Parties reaffirming the vital importance of environmental protection and seeking to achieve environmental safety will develop mutual cooperation in this area, in the rational use of natural resources, in the expansion of the sphere of environmentally clean production, taking into account global and regional programmes.
The Parties agree that the development of tourism will help to deepen bilateral economic relations between countries.
Within the framework of the applicable legal standards, the Parties shall promote the development of tourism, respecting the recommendations of international organisations in this area of which they are members.
In developing economic, production and scientific and technological cooperation in the development and use of tourism industry and infrastructure, the Parties will build on the principles of environmental protection and ensuring a high level of tourism services.
Each Contracting Party will create favourable conditions for the establishment on the territory of the other Party of philistries, departments, representation of organisations, companies, firms, banks, commercial houses, trade and money exchanges, cooperatives, companies for their commercial, industrial and economic activities in accordance with the legal rules applicable in each country.
The Parties shall support:
- contacts and development of cooperation between economic, technical and research organisations in both countries,
- the participation of economic operators of both States, their republics and regions in exhibitions and fairs carried out on their territory, as well as the exchange of experts' delegations in the fields of economics, science and technology, as well as other forms of trade contacts which facilitate cooperation between the two States.
In line with the development of market economic relations in both States, the Parties confirm a common interest in creating assumptions for capital movements, in bringing together investment from both countries for the implementation of major projects, in creating conditions for the activation of foreign investment inflows, in the participation of economic operators in the development of free economic zones and in the privatisation process, in accordance with the legal order applicable in each country.
In the field of financial, banking and insurance activities, the Contracting Parties shall apply in mutual relations the principles generally recognised in world practice.
The Parties reaffirm their willingness to cooperate within the international financial and banking organisations of which they are members.
This Agreement lays down guidelines for economic, commercial and scientific cooperation.
In order to specify the essential provisions of this Agreement, the Contracting Parties or their competent authorities may conclude agreements or other contractual arrangements.
In order to achieve the objectives of this Agreement and to develop economic, production and scientific and technical relations between the Czech Republic and the Russian Federation, the Contracting Parties shall establish an Intergovernmental Czech-Russian Joint Commission composed of representatives of the competent authorities of the States, organisations and business structures.
The Joint Commission shall perform the tasks in accordance with its Statute.
This Agreement shall enter into force on the date of its signature.
This Agreement shall be in force until one Contracting Party has submitted to the other Party at least 6 months before the beginning of the next calendar year a written notification of its intention to terminate the Agreement.
Dane in Prague 26 August 1993 in two original copies, each in the Czech and Russian languages, both texts being equally authentic.
For the Government of the Czech Republic:
Ing. Ivan Kočárník CSc. v. r.
Deputy Prime Minister and Minister of Finance of the Czech Republic
For the Government of the Russian Federation:
O. Lobov v. r.
1. Prime Minister and Minister for the Economy of the Russian Federation
Sign in for notes, favorites and notifications
Regulation Information
| Citation | Communication from the Ministry of Foreign Affairs No. 250 / 1993 Coll., on the negotiation of the Agreement between the Government of the Czech Republic and the Government of the Russian Federation on Trade and Economic Relations and Scientific and Technological Cooperation |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 08.10.1993 |
|---|---|
| Effective from | 26.08.1993 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
Comments 0