1.
The present Agreement shall enter into force on the date when the Contracting Parties notify each other that each party has fulfilled its legal requirements for the entry into force of the Agreement. The date of the last notification shall be deemed to be the date of entry into force of the present Agreement.
2.
The present Agreement shall remain in force for a period of five years and shall automatically be renewed for further periods of five years, unless either Contracting Party notifies in writing its intentions to terminate the present Agreement. The termination will come effective in six months from the date of the said notification.
3.
The termination of the present Agreement shall not affect the projects or programmes undertaken under the present Agreement and not fully executed at the time of the termination of the present Agreement.