Republike Slovenije
dr. Davorin Kračun l. r.
Za Vlado
Kraljevine Danske
Jorgen Bojer l. r.
The Government of the Republic of Slovenia and the Government of the Kingdom of Denmark, hereinafter referred to as the Contracting Parties,
– desiring to make a new contribution to the expansion and intensification of their mutual economic relations on the basis of equal rights and mutual advantage;
– wishing to make full use to the new possibilities for the further strengthening of their co-operation;
– recognizing in their mutual trade their relevant international obligations;
have agreed as follows:
Article 1
The Contracting Parties will seek to develop and encourage the economic, industrial and technical co-operation between interested institutions, organizations and enterprises in the two countries. This co-operation will take place in various sectors of economic life, as well as in the field of applied science and technology in the following fields of activity:
– co-operation on projects of common interest, including capital investment, license and know-how arrangements between Slovenian and Danish enterprises and institutions in the two countries and on third markets,
– studies and visits, with a view to the implementation of common projects,
– implementation of courses and conferences for specialists,
– exchange of specialists and trainees,
– exchange of technical documentation and information,
– organization of fairs, specialized exhibitions and publicity actions,
– other mutually advantageous forms of co-operation.
Article 2
The Contracting Parties shall support and facilitate trade on normal commercial terms, follow the economic and business environment of the two countries and endeavour to remove possible obstacles encountered in the course of the implementation of the Agreement. The Contracting Parties shall promote contacts and exchanges of information between companies, organizations and authorities, which are involved in trade and economic co-operation, in particular as regards laws and ordinances and economic and political measures.
Article 3
The Contracting Parties shall actively assist in identifying areas and projects of particular importance to the development of both Contracting Parties. The implementation of such projects should take into account the experience of both Contracting Parties.
The Contracting Parties will seek to identify projects, which might be financed under existing and future bilateral and multilateral programmes of technical and financial co-operation.
Article 4
Taking into account the structure of the economies of the two countries, particularly promising areas of economic co-operation could be found within the sectors of industrial production, agriculture, fishery, food processing, forestry, energy, infrastructure, transport and logistics, communication, informatics, health, construction, consulting, services, tourism, development of the public sector, the financial sector, professional and vocational training of personnel, and protection of environment.
Other sectors of mutual interest may be identified by the Contracting Parties.
The Contracting Parties will meet as needed for the implementation of this Agreement.
Article 5
This Agreement enters into force after the Contracting Parties have notified each other that all conditions for the enforcement of the Agreement, as specified in their respective legislations, have been fulfilled.
The Agreement shall initially remain in force for a period of one year with automatical renewals for a year thereafter.
The Agreement may be terminated at the end of any such period by notification in writing by either of the Contracting Parties. Such termination enters into force six months after the date of the receipt of such notification.
A notice of termination shall have no effect on the fulfilment of contracts and agreements concluded under the provisions of the present Agreement.
With effect from the date of the enforcement of the Agreement, the Yugoslav-Danish Agrement of May 20, 1981, on Economic, Industrial and Technical Co-operation, shall be abrogated in respect of the relations between the Republic of Slovenia and the Kingdom of Denmark.
Done in Ljubljana on 8 November 1994, in two original copies, each in the Slovenian, Danish and English languages, the three versions having equal authenticity. In case a dispute with regard to the interpretation of the three versions may arise, the English version will have precedence.
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